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...The accusations, which spanned a period of five decades from 1985 to 2021, led to a swift fall from grace for one of the City of London’s best-known financiers and one of its oldest hedge fund firms....
...dollars in customer funds to make risky bets. 3....
...Concerns over sexism in the City of London were highlighted last year when the Financial Times reported multiple allegations by women of sexual assault and harassment by hedge fund manager Crispin Odey....
...While many big names in Hollywood are supportive of the merger, investors are bubbling with rage....
...Ennis said Jason Malinowski, CIO of Seattle City Employees’ Retirement System, was a strong candidate to succeed Ailman....
...Steven Meier, chief investment officer of the $264bn New York City Employees Retirement Systems, said his fund was expanding into private credit when “everyone else has pulled back”....
...City of London cash into UK infrastructure....
...Hollywood is in the middle of awards season and the Oscar nominations are out next Wednesday....
...It has 520 employees, only 11 of whom are needed on a Premier League pitch at any time. They cost on average the equivalent of $1mn each in pay and benefits....
...Australian employers have been required since 1993 to save into super funds on behalf of employees, resulting in much bigger asset pools....
...NYCRS, which includes five separate funds for different groups of city employees, is reviewing its long-term asset allocations....
...The top staff of Creative Artists Agency are in line to pocket more than $200mn as part of France’s billionaire Pinault family’s acquisition of the Hollywood talent agency, according to terms of the deal...
...Working from home: Several Wall Street banks have taken a more aggressive stance than European rivals on staff returning to the office, with employees complaining of draconian measures....
...Brad Lander, New York City’s comptroller, says the city’s pension funds have not yet decided whether to vote for SOC’s nominees, but considers the campaign “an important next step in that process where shareholders...
...The Federation of Small Businesses said New Financial’s proposals “might make sense to a City fund manager” but “they’re too hard on regular employees and business owners”....
...Back in November 2022 these investors — including Trillium Asset Management, the New York City Retirement System and the Greater Manchester Pension Fund — had filed a shareholder proposal that would have...
...In today’s newsletter: New York’s members’ club resurgence Pinault’s bet on Hollywood Armani’s succession plan New York City’s members-only movement Sitting opposite the New York headquarters of some...
...of employees and secondees from banks and law firms....
...CHRISTOPHER GRIMES: You could also say that she's been a bridge between old Hollywood and new. Her parents, of course, were Hollywood royalty....
...Striking out Nicole Musicco’s abrupt exit from the California Public Employees’ Retirement System followed a big push by the former investment chief into sports deals, Bloomberg reports....
...UK equity fund managers are calling for an overhaul of pension accounting rules to revive investor interest in London-listed shares, as a swath of companies prepares to depart or shun the City for US stock...
...Following the recommendations, two of the largest US public pension systems — the California Public Employees’ Retirement System and the Office of the New York City Comptroller — voted against the re-election...
...At the current rate of expansion, we will be second only to Hollywood globally by the end of 2025....
...Fiona Johnston was counting on her two short-term rental properties in Edinburgh to fund her retirement. But now the 63-year-old is worried that a crackdown on temporary lets will destroy her plans....
...Reeves vows ‘better returns’ | The Labour party will conduct a sweeping review of the UK’s pension system to find ways of unlocking billions of pounds worth of retirement fund capital for the country’s growth...
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