Hints and tips:
...Mr Barnett left Invesco in May and was replaced by new managers....
...However, Mr Kedl added: “We don’t think foreign companies are being picked on as authorities are also going after Chinese firms....
...For example, Magellan Midstream, an energy MLP, last year paid out only about 71 per cent of its cash flows as dividends....
...“Funds with commodity and oil exposure have had little place to hide over the past few days,” Mr Hughes said....
...We can see how the value of the initial $18m worth of units from Mr Stevens has eroded....
...“It’s still going to be a long, hard road for MLPs to win back the trust of investors, which was really dashed during the oilfield recession in 2015 and 2016,” says Mr Bellamy....
...The Alerian MLP index, which tracks energy logistics companies, has declined 19 per cent in the past year....
...BP Midstream Partners will be organised as a so-called master limited partnership, or MLP — a structure often used in the energy sector to distribute excess cash flow to investors in a way that provides...
...Mr Hartnett uncovered a “rule of three”: Three is the Magic Number: client marketing feedback suggests correction will occur only once real GDP forecasts >3%, wage inflation >3%, 10-year Treasury yields...
...Mr Lloyd, who was expected to be made group chief executive when the 65-year-old Mr Mackenzie retired....
...President Hollande in August did not hide his mixed feelings for Mr Trump: “His excesses end up giving a retching feeling” he said, referring to Mr Trump’s comments on a Muslim soldier....
...“They are like cattle feeding at a trough,” says Mr Schneider. “The weaker ones are going to get shoved aside.” The result is set to be consolidation....
...“Hidden behind the scenes is a very serious supply response to low prices,” Mr Morris said....
...“MLP status is available only to very large companies,” Mr Resch says. “Ninety-five per cent of the solar industry won’t be able to use it.”...
...Mr Heminger also suggested there would not be large immediate cost savings from the deal. “There will be some over time,” he said on a call with analysts....
...Coming at a time when concerns were mounting about MLPs in the oil and gas industry, it was seen by many investors as the final straw....
...Mr Warren has a reputation for coming out victorious in takeover battles....
...As part of the transaction, El Paso MLP was then combined into the single Kinder Morgan. For Mr Kinder, the demands of multiple partners became too unwieldy....
...But Mr Stevens’ gift of MLP shares seems unique in one specific way....
...Mr Abe’s Japan also has its critics. Markets warmed to the prime minister’s three arrows — more money, more government spending and reform....
...And then we had found our bloody front page,” Mr Luzier said, choking up as he spoke, surrounded by colleagues and security guards....
...The deal involves Kinder Morgan moving away from the concept of the MLP, a structure heavily used by Mr Kinder, who is paid a $1 salary but owns almost 24 per cent of Kinder Morgan Inc....
...On the equity side, MLPs are popular, especially in separate account format, but come with considerable tax administration complications that put off some clients, Mr Harris says....
...The company has identified 120 MLPs, worth a combined $875bn, as potential targets....
...Mr van Beurden has stressed the need to turn round Shell’s North American business, which was lossmaking for much of last year....
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