Hints and tips:
...The expanded World Cup — it goes from 32 to 48 teams in 2026 — has greatly raised the costs of hosting, and so shrunk the pool of potential venues....
...Liontrust Asset Management’s head of global equities Robin Geffen, who joined the group in 2019 when it acquired his firm Neptune Investment Management, is leaving the fund....
...And although 200mn phones were made in India last year, they are not in the same league as Apple’s products....
...Although 85 per cent of homes in Miami Beach are in risk zones for flooding, that isn’t at the top of many residents’ minds....
...The octogenarian added that he was worried about the risk of high concentrations on liquidity and marketability of some of Vanguard’s funds, particularly those in the $3.8tn municipal bond market....
...(The common view is a bank’s a platform which uses network effects to transfer risk from those can’t afford it to those who can.)...
...Selling to the hedgie would be one way for Baxter to reduce that risk....
...Feeling the strain, the municipal council has cut its capital budget....
...Some big companies have started to recognise the risks....
...So, governments should have a risk manager’s mindset, and not try to prod the economy into growing. Without a risk-averse mindset, risks will grow....
...Bankers are resurrecting the complex financial instruments – such as collateralised loan obligations – in which financial institutions pool loans of varying risk and market the securities to investors....
...Funds that “have a pool of assets and can’t get return in the public market are increasing looking to private markets,” he says....
...Many of the ANC’s leading figures are aware of the risks of allowing the situation to fester and have a stake in the market economy that has enriched a black elite....
...Andrew Hill FT management editor …………………………………………………………….....
...Senior executives of the firms have wined, dined and provided perks to potential investors from these large pools of money. They also used placement agents to secure allocations....
...“Why would a chief financial officer of a major US corporation risk his job by doing something unusual and giving a deal to Nomura?” says one banker at a rival institution....
...Bruno Durant, then, is to fishing worms what Wayne Huizenga was to rubbish collection (Waste Management, Inc) and video rentals (Blockbuster): someone who saw a fragmented, inefficient business that he...
...One tenth of 1 per cent of the global capital pool goes to early stage capital, according to Steve Podmore, founder of the Global Sustainability Challenge....
...doctors beholden to them rather than their teams and who pool data for the collective good....
...The asset management businesses are not part of the bankruptcy but Lehman has put them up for sale and needs buyers in the next few days or risks losing clients and valued employees....
...The UK Financial Services Authority recently wrote to 28 of the largest banks it supervises demanding they take “immediate action” to align compensation plans with long-term risk management....
...California’s Orange County had invested more than $419m in structured investment vehicles that were at risk of being downgraded, Chriss Street, its treasurer, said....
...We expect, therefore, that non-taxpayer supported municipal finance will begin to generate material losses in the future....
...As more pools of capital are created to enjoy the benefits of the private equity model, an increasing number will be quoted and permanent....
...Modern risk management systems have been installed and a new generation of executives promoted....
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