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...Additional reporting by Adrienne Klasa in Paris and Arash Massoudi in London...
...Additional reporting by Adrienne Klasa, Daniel Thomas and Sylvia Pfeifer...
...US fund manager BlackRock has further delayed redemptions on its £3.5bn UK property fund as it seeks to slow a rush for the exit by big investors worried about difficult market conditions....
Investors withdrawing millions of pounds triggers sale of prime property
...While some schemes continue to rush to raise cash to fund their derivatives positions, others have had the positions terminated by LDI managers, including BlackRock, leaving them exposed to further moves...
...The pace of withdrawals from UK commercial property funds has accelerated rapidly since the government unveiled its “mini” Budget last month, in a shift that analysts warned could spark a rush to sell buildings...
...The speed of the sell-off in UK gilts in the aftermath of the “mini” Budget led to a rush of cash calls that wrongfooted many LDI managers....
...A number of UK property funds moved on Monday to limit withdrawals, in a sign of how strategies based on harder-to-trade assets struggle when convulsing equity and bond markets compel investors to rush for...
...Horgen is not the first to question the rush to buy scale....
...This trend is now being exacerbated by last week’s short-term liquidity rush by pension funds.”...
...Sterling money market funds have gathered £53bn in just a fortnight as UK pension schemes rush to build defences against market volatility before the Bank of England’s emergency bond-buying programme ends...
...The shock fall in gilt prices led to a rush of cash calls. To raise the money, funds were forced to sell assets, including gilts, depressing prices further and risking a “doom loop”....
...While the rush for talent is global, the US is viewed as the most competitive market with Europe behind. “The US market is quite tight at the moment . . . across everything to do with private markets....
...But the rush among asset managers to adopt sustainable investment has created pockets of extreme overvaluation, and is tilted too heavily in favour of stocks over debt, said Versey....
...This has led to a battle for talent, a gold rush in product development, and spawned an entire industry of related consultants and data providers, adding another layer of costs for investors....
...Assets in ESG funds grew 53 per cent year on year to $2.7tn in 2021, according to data provider Morningstar, amid a gold rush by asset managers to tap into rising investor demand by rebranding their funds...
...The shock fall in gilt prices led to a rush of cash calls....
...The global rush for credible detailed information on climate financial risk has prompted the UK government to fund a new £10m green finance research centre ahead of the UN climate summit to be held in Glasgow...
...The latest rush to markets has raised concerns for watchdogs who are worried that these new inexperienced traders, many self-taught through YouTube videos and on Reddit, could meet devastating consequences...
...In a conversation included later in this volume with the radical poet Adrienne Rich, we hear how Lorde had been reluctant to participate when her friend suggested, “Why don’t you tell them about what you...
...Adrienne Klasa is editor of This is Africa, an FT publication....
...Now there’s a plot, a novel conspiracy conceit, for Rush Hour 4....
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