Hints and tips:
...CVC Capital Partners, General Atlantic and L Catterton are among the prominent private equity groups considering going public, the Financial Times has previously reported....
...The global cruise business is one of the most closely regulated industries on the planet....
...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....
...I’m Brooke Masters, the US financial editor....
...L’Oréal....
...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?...
...Now from a retail investor’s point of view, how does it look from the other side of the Atlantic?...
...At the end of 2021, Vanguard, BlackRock and State Street, the three biggest index fund providers, together controlled on average 18.7 per cent of S&P 500 companies, according to Lazard....
...Invesco, Janus Henderson, Pelham Capital, Aegon, and Global Value Fund have lined up for a shareholder fight with fearsome activist investors Nelson Peltz over his treatment of investors in his London-listed...
...“The FTSE 100 makes a lot of sense right now,” said Leigh Himsworth, lead manager of Fidelity International’s UK Opportunities Fund. “If you want exposure to rising bond yields you play the banks....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...There were 21 private equity deals in the oil and gas sector in the first eight months of the year alone, according to S&P Global Market Intelligence....
...The yield on the benchmark US 10-year Treasury note fell about 0.16 percentage points to 1.48 per cent. It marked the biggest fall in yield since March 2020....
...They illustrate their argument by comparing the paths to success of the richest people in Mexico and the USA (p. 39)....
...strategist at fund manager Invesco....
...“There is a bit of fear coming back,” said Paul Jackson, head of asset allocation research at fund manager Invesco....
...DD’s Kaye Wiggins and the FT’s Peggy Hollinger and Laurence Fletcher reported earlier this month that funds are eyeing opportunities in Britain’s relatively weak stock market and pandemic-ravaged economy...
...The US S&P 500 index, the most important global barometer, is at all-time highs....
...Radios and Military Global Positioning System businesses acquired from Raytheon last year....
...Now it risks losing most of its investment — debt rating agency S&P Global expects AMC to run out of cash in six months....
...You also have to be able to pursue opportunities for M&A,” said Jean-Francois Astier, head of global capital markets at Barclays. Private equity presents for many a potential way out....
...As such we see the current valuation disconnect to be an attractive opportunity. Sampo offers a c7% yield in 2021e on a c12x multiple compared to pure P&C peers offering a 4% yield at c20x....
...Valuation – 21E PE 8x, FCF Yield 7%, Div Yield 4.9% What else? Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...However, the outlook is uncertain, rising one-offs make P&L valuations less relevant and cash conversion is declining. In addition, top management changes add another layer of complexity....
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