Hints and tips:
...Odey Asset Management did not respond to a request for comment. This article has been amended after publication to correct the spelling of Ortex’s name...
...But even the 67-year-old acknowledges that her quest to bring Ark Investment Management, the Florida-based firm she set up in 2014, to Europe is a daunting one....
...The fallout is limited, criminal charges have been averted, and the financial penalty borders on the derisory. Ted Pick’s new reign can start with a cleaner slate....
...Moreover $2.7bn, 38 per cent of that limited pot of money, is held by a single ETF, Nuveen Growth Opportunities (NUGO)....
...Rosenbluth agreed demand might be lacking, saying “combining bitcoin with other investments is not novel but has had limited interest”....
...Politicians are imprisoned by the economics, their choices limited....
...Cathie Wood’s Ark Investment Management has earned more than $300mn in fees on its flagship exchange traded fund since its inception nine years ago, while wiping out almost $10bn of investors’ cash in the...
...Effron and Pruzan also earn a management fee to run the firm....
...Ark Investment Management chief executive Cathie Wood said crypto was being used as a “scapegoat” for lapses in banking oversight, and the industry had “nothing to do with the banks’ investment decisions...
...Tuttle Capital Management has filed to launch two exchange traded funds that trade on the stock tips of the CNBC personality and Alphaville reader, one that goes long and one that goes short....
...I suspect that SVB may have limited discussions to one bank in part to preserve maximum confidentiality....
...What market watchers are trying to do, with very limited success, is make out a cyclical pattern beneath these two big shocks....
...“We’re servicing a limited number of customers, and it’s a bespoke, hands-on service that we provide.”...
...This might be overreaction to a crisis that was allowed to spiral out of control by management dithering — though that perhaps underlines why investors’ perception of key person risk is limited to the C-suite...
...PIF said its asset base and limited financial leverage give it “considerable scope” to take on debt....
...However, this looks to be a weakness with limited scope, and which the group had addressed in 2020/21, before the IPO....
...Musk can syndicate the $33.5bn of his own funding however he likes....
...But the opportunities to do tax-loss harvesting have been limited and relatively shortlived, Lane said, such as in the spring of 2020 amid the pandemic-driven stock market meltdown....
...But markets aren’t exactly ripe for acquisitions, nor does its limited experience in pulling off big transactions make for a quick transition from adviser to advisee....
...Another example comes from Bank of America’s wealth management division, whose clients are cutting equity exposure from very high to merely high: The stubborn remnants of optimism have limited the bear...
...It’s “pretty brutal out there” for anyone on the syndicate side, in the words of one banker....
...But the UK regulator admits it has “limited powers to object to arrangements of this kind “....
...Credit Suisse, Bank of America and Goldman are figuring out how to syndicate debt for Elliott Management and Vista Equity’s $16.5bn buyout of Citrix, a financing JPMorgan skipped....
...Stuart Kirk, head of research at HSBC Asset Management, points out that investors often dump stocks after big sell-offs, but then miss out on the big rebounds that often follow....
...Kontoleon was Credit Suisse’s global head of equity capital markets syndicate in New York. His departure has been a source of consternation for his peers....
International Edition