Hints and tips:
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...Chailley often wore spectacles under his thick mop of brown hair and had a fondness for expensive suits and Berluti lace-ups....
...Bridgewater Associates and Renaissance Technologies, both considered among the best hedge funds in the world, suffered steep losses....
...Associates from the time remember him as a fun boss who led a tight-knit group of employees....
...His title was associate, one of the lowest ranks in banking, but his colleagues gave him the unofficial status of “managing associate”, one former banker recalls, after noticing that he often provided answers...
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...Ethan Ilzetzki, associate professor at the LSE: The UK economy will begin its recovery in 2021 but will not return to its pre-pandemic level of GDP until 2022....
...Bankers’ early optimism that the pandemic would manifest as a sharp economic shock followed by an equally rapid recovery — the ubiquitous “V-shaped” recession — has given way to pessimism....
...More importantly, this is likely one of the few areas in the portfolio with any investment market liquidity currently....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...PAI Partners has hired Maud Brown, a former managing director at Investcorp, as a partner to head up its New York office....
...However, the England v France game was cancelled due to Typhoon Hagibis, the most powerful storm to hit the country in decades....
...A decade on, profits at the family-owned group, whose portfolio includes Brown’s hotel in London and The Balmoral in Edinburgh, have soared and it is embarking on an ambitious expansion....
...This challenge is most acute in the US, where the share of institutional assets allocated to active investment strategies fell from 79 per cent in 2012 to 67 per cent by 2015, according to Greenwich Associates...
...A danger of releasing some of the pressure that has held down borrowing costs is that tighter monetary policy chokes off economic recovery....
...The brother traded on the information and also tipped off Salman, who with an associate earned roughly $1.7m in profits....
...Rupert Harrison, portfolio manager, BlackRock and former chief of staff to George Osborne I really hope so but I’m not holding my breath....
...Exports should benefit from sterling’s competitiveness and the recovery in world trade....
...The brother traded on the intelligence and tipped Salman, who with an associate reaped roughly $1.7m in profits....
...The money allegedly found its way to the former Nigerian petroleum minister and associates....
...Rupert Harrison, portfolio manager, BlackRock and former chief of staff to George Osborne Yes it will be an easier year....
...‘look through’ at least a moderate degree of inflation,” said Monique Ebell, associate research director at the National Institute of Economic and Social Research....
...Lacklustre wage growth has been a feature of the UK’s recovery since the post 2008 recession and real wages are still below their pre-crisis high....
...Don Smith, chief investment officer, Brown Shipley More optimistic than 12 months ago....
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