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...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
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...The investor group also includes private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017....
...And decisions made by index providers are increasingly shaping capital allocation....
...Reallocating just 1 per cent of assets under management globally to emerging markets each year could have a transformative impact on growth and development in these countries....
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...Jane Street is suing Millennium Management and two former employees for allegedly stealing trade secrets in a rare public spat between two big Wall Street investment firms....
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...Demands for a separate chair have come up at companies where management is under scrutiny for other reasons....
...But what’s most entertaining is that the government goes ahead and shows the professor’s ongoing work calculating Alameda’s historical balances with FTX — basically the firm’s net P&L — from last year:...
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...Whatever the strategy employed, overarching mandates of risk management and loss protection mean being underweight the winners so underperformance versus equity benchmarks is pretty much guaranteed....
...As Bolgona puts it: From a high level, relative to electing to account for loans at amortised cost, electing the fair value option provides a P&L tailwind during periods of loan growth due to recognising...
...L&G’s balance sheet investment unit was flat after a tougher second half for the property market, and its asset manager, Legal & General Investment Management, posted an expected fall in profit as higher...
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...Paul Singer’s Elliott Management and Boaz Weinstein’s Saba Capital....
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...Options include growing capital-light businesses such as defined contribution pension savings and wealth management....
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