Hints and tips:
Related Special Reports
...Controversy has focused on the way the lump sum has been calculated, using a discount rate and life expectancy tables that some retirees argued were designed to lowball the payouts so that current partners...
...Mergers in the credit card sector in the past 10 to 15 years have not “really turned into lower interest rates and fees”, he added....
...In 2021, he hired three former Goldman partners — Paul Russo, Scott Rofey and Jeffrey Verschleiser — to lead the risk management of the firm’s equity, macro and rates, and credit divisions respectively....
...People familiar with the retirees’ dispute said it centred on a discount rate being used to calculate the lifetime value of the partners’ retirement benefit....
...firms that have already closed private equity deals — EisnerAmper, Citrin Cooperman and Cherry Bekaert — increased revenues between 38 per cent and 100 per cent last year, compared with an average growth rate...
...“The discount rate on that is infinite.”...
...But the highly concentrated portfolio lost 23 per cent of its value in 2021 and a further 67 per cent in 2022, hit hard when the US Federal Reserve raised interest rates to a 40-year high to curb soaring...
...It repeatedly warned that persistent inflation meant higher interest rates were required....
...Over each successive time span the underlying rate of economic growth has structurally changed for the better....
...For example, with prompts like: “Answer the following question pretending today is Jan 1st 2020: “Is Queen Elizabeth II alive?”...
...The increase in deals has been partly spurred by an anticipation of rate cuts from central banks, which investors think could come as early as June....
...However, with rate rises having lifted the risk-free return available to investors, funds are facing greater pressure to perform....
...London’s office vacancy rate rose to 9.5 per cent at the end of March, the highest in 20 years, according to CoStar data. Citadel’s lease runs for 15 years starting when it moves into the building....
...Unhedged: Explain your scepticism of the consensus soft landing plus rate cuts scenario. Panossian: The Fed doesn’t reduce rates for the sake of reducing rates....
...all bond proxies enjoyed when people started betting that rates have peaked....
...think in this instance, either by accident or intentionally, it’s a good example of sniffing the wind that the return of the cash nexus is going to happen for all the reasons I’ve articulated: interest rates...
...Rising interest rates have hit the valuations of private start-ups, forcing Silicon Valley venture capital firms to shift their focus from raising ever-larger funds to instead ensuring the survival of companies...
...It’s clear the firm feels more confident in its positioning than it did a year ago when it was forced to admit how badly it had miscalculated the pace at which interest rates would rise....
...Stocks with low P/E ratios relative to their expected growth rates are rare....
...Botín is one of Europe’s highest-paid bank executives, having been awarded €12.2mn last year on the back of the Spanish lender achieving record profits thanks to rising interest rates....
...These distinctions are visible in valuations and growth rates, too....
...While inflation is now falling worldwide after interest rate rises, Biden has contended with higher prices souring Americans’ view of the economy for much of his presidency....
...The hedge fund, which offers clients monthly liquidity, has been trying to secure longer-term capital that will help it better withstand periods of stress amid a higher interest rate environment and an escalating...
...The company also raised a $725mn fixed-rate loan with a coupon of 7.63 per cent....
...After a weak year for dealmaking in 2023 partly due to tougher antitrust enforcement and high interest rates, recent months have seen a resurgence in megadeals as chief executives become more confident that...
International Edition