Hints and tips:
...Fink also boasted that BlackRock is the highest-performing financial services stock in the S&P 500 since its 1999 float, delivering total returns of 7,700 per cent....
...Investors need to ask more questions, writes the FT’s Brooke Masters....
...H: Credit Suisse, L: Commerzbank Tiger Global’s main hedge fund has lost about 50 per cent in 2022, wiping out several years of gains. How much did Chase Coleman take home himself in 2020?...
...Landsec has bought a 75 per cent stake in MediaCity in Salford, previously a 50-50 joint venture between Legal & General and Peel L&P....
...’s Vision Fund....
...Our forecasts assume the full £500m is invested in land in FY20, and that the benefit in the P&L is seen later 2022 but to a larger extent in FY23....
...Two scoops China Merchants Group has teamed up with a London-based firm to launch a new Rmb100bn ($15bn) technology investment fund with the aim of becoming China’s answer to the near-$100bn Vision Fund...
...Should our efforts fail, Sotheby’s was selected to hold an auction of master prints....
...Jumps in pension liabilities are conveniently dumped in the oubliette of comprehensive income, rather that written off through the P&L....
...It would increase capital flows from the UK to the US as funds are repatriated as part of the policy change....
...He looks at you as your P&L.” Since leaving Brevan Howard Mr Rokos has been able to trade his own money on his own terms....
...(Financial Times) “Thousands more victims of Bernard L....
...Andrew Law is an unassuming Master of the Universe....
...Robert Harris, Hutchinson, RRP£18.99 Not a business book in the classical sense, Harris’s thriller is set at the sharp end of finance: inside the highly automated trading rooms of a Geneva-based hedge fund...
...A better way of sorting the skilful from the brave is to look at the Sharpe ratio, a measure of the steadiness of returns calculated as the P&L divided by the variability of P&L....
...But the other businesses are relatively simple P&L businesses for which other valuation methods are normally used. And therefore you would apply some sort of multiple of earnings or some other such....
...“They had daily access to our p&l [profit and loss account], our positions and our marks.”...
...Will the institutions we work for or invest in suddenly implode, like Bear Stearns or Enron or Lehman Brothers or Bernard L. Madoff Securities? When will the next crisis hit, and who will it hurt?...
...Recently, it announced the sale of a 15 per cent stake to strategic partners to help fund investment....
...So if A&L isn’t likely to be in trouble, who is? Consider this graph, courtesy of S&P, of loan-to-deposit ratios....
...I am a Master of Science in International Finance at CERAM in Nice, France....
...While out on her own, Botin started a private equity fund and a technology consulting firm....
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