CashNews.co If the UK goes the way of the US, many adventurous investor types reading this column will, within a few years, be buying actively managed exchange traded funds (ETFs), sometimes instead of actively managed investment trusts. That great British institution — the listed closed-end fund — is under mortal threat from a new product […]
eat or be eaten in UK’s tough fund management industry #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Pity the British fund manager. They lack scale, carry bloated cost bases and live with the existential angst of burgeoning alternatives and passive fund industries. UK-domiciled funds notched up net outflows of £31.5bn in […]
Brazil’s supreme court evacuated following nearby explosions #NewsMarket
CashNews.co Brazil’s supreme court evacuated following nearby explosions Read More #cashnews #newsfinace #finance #FollowsCashnews
Hong Kong still awaits payback from new Spacs regime #NewsMarket
CashNews.co Hong Kong’s blank-cheque companies are landing their first acquisition targets but corporate executives warn that tight rules are stifling the risk-taking they are meant to reward. Last month heralded the first Hong Kong special purpose acquisition vehicle to close a deal, merging with Synagistics, a Singaporean ecommerce company. The acquisition by the blank-cheque company, […]
Reeves to force UK council pensions to consolidate into eight ‘megafunds’ #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. UK chancellor Rachel Reeves is to legislate to develop eight pension “megafunds” as part of reforms to Britain’s fragmented local government retirement scheme that she claims could unlock £80bn of investment. But the chancellor […]
Lumen Technologies to Present at BofA 2024 Leveraged Finance Conference #NewsUnitedStates
CashNews.co Lumen Technologies to Present at BofA 2024 Leveraged Finance Conference Lumen Technologies to Present at BofA 2024 Leveraged Finance Conference PR Newswire DENVER, Nov. 13, 2024 DENVER, Nov. 13, 2024 /PRNewswire/ — Lumen Technologies (NYSE: LUMN) (“Lumen”), a global integrated network solutions provider that unleashes the world’s digital potential, today announced that Chris Stansbury, […]
Cap Finance Social Finance Fund announces its first investments #NewsUnitedStates
CashNews.co Nov 13, 2024 Quebec’s CAP Finance Social Finance Fund has announced their first funding recipients, totalling $28 million. Future of Good journalism and events produce insightful analysis and knowledge you need to work and grow. Read this article with a free account or explore membership options for unlimited access. Already have […]
https://www.brookings.edu/articles/why-everyone-exaggerates-climate-finance/ #NewsUnitedStates
CashNews.co Why everyone exaggerates “climate finance” Read More #cashnews #UnitedStates #newsfinace #finance #FollowsCashnews
Brazil’s finance chief says fiscal package issues solved, new area might be added By Reuters #NewsBrazil
CashNews.co BRASILIA (Reuters) -Brazil’s finance minister said on Monday that remaining stumbling blocks to a fiscal package aimed at curbing mandatory expenses had been resolved, but added that President Luiz Inacio Lula da Silva wants to extend the cuts to one more ministry. The Brazilian real currency has weakened to multi-year lows against the U.S. […]
We need radical action on climate finance at COP29 #NewsUnitedStates
CashNews.co The notion that climate disasters only affect poor countries is now outdated. This month’s historic flooding in Spain, soon after the havoc of hurricanes Helene and Milton in Florida, demonstrate that climate-related loss and damage does not discriminate between rich and poor. These events reinforce the urgent need for global climate action. Climate finance […]