Hints and tips:
...Job moves John Miller, who has led Nuveen’s municipal bond unit since 2007, will retire in June. He’ll be succeeded by head of taxable municipal bonds Daniel Close....
...A vote of confidence in John Lewis chair Dame Sharon White will be held on Tuesday and Wednesday among the employee-owned retailer’s 74,000 staff....
...Energy we can sort out,” says Carlsson, referring to the manufacturer’s deals with municipal power companies....
...One former employee, who asked for anonymity, estimates that in a three-month period this year, only one month featured work to do, when the plant was producing motherboards for Google and Amazon servers...
...Some $49bn has been pumped into municipal bond funds this year, according to fund flows tracked by Refinitiv’s Lipper....
...We can’t go and demand pension fund money, we can’t go and demand equity injections,” said Mr de Ruyter....
...Republicans charge these would be mere giveaways to the state and local employee unions and their pensioners, and there is a lot of truth to that....
...The weird dislocations in pricing this can create are, arguably, nowhere more evident than in the $4.1tn US municipal bond market....
...It added that the employee threshold to gain access to the funds would be lowered from 50 to 10, meaning smaller charities could participate....
...employee pension funds and other discerning and cash-rich people....
...“They are acting with an unspeakable shamelessness,” the employee said. “When the relatives arrived, they found the undertakers were already there.”...
...The price of oil may be at a 17-year low but it isn’t bad news for everyone: some energy hedge fund managers in London have chalked up big gains after betting on a plunge....
...Some tax increases are possible, but as a muni-oriented hedge fund manager adds: “This hole is so big you can’t tax your way out of it....
...But they risk running into the sand in the approach to municipal elections in October. Any setbacks would undermine confidence in Brazil’s still anaemic recovery....
...“In fact, I deposited most of my pieces in Bergen’s Kode museum — I wanted them to go back to their home there.” He also funds a charitable foundation which buys musical instruments. Is he musical?...
...He does have responsibility for transport, and on the day we meet is enthusing over new funds for the Midlands Metro....
...The TUC was named as a majority shareholder because this was a common way of structuring employee ownership in China, said Mr Jiang....
...In the statement announcing the employee fund, Bain and KKR did not directly identify what prompted their action....
...Once we were within the rather municipal surroundings of the market itself, the bountifulness was overwhelming....
...In an op-ed column for the NYT, he argues against changes to public-employee pension plans because these investors supposedly improve corporate governance and promote leftwing causes....
...Abbie has enjoyed a brilliant start to her new job as a junior fund manager at AllianceBernstein, a $500bn investment group in New York....
...mutual funds in Bob Diamond’s Atlas Mara....
...The municipal bond market is worth about $3.8 trillion....
...In 2014, the cost of government healthcare plans was 17.5 per cent higher than the average private sector plan, according to United Benefit Advisors, a network of employee benefits advisory companies....
...According to one former employee, throwing dwarfs into a pool would have raised few eyebrows in hedge funds 20 years ago, but as the industry has matured, investors’ appetite for the wild cultures that went...
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