Hints and tips:
Related Special Reports
...Blue Skye secured a stake of just over 4 per cent, a management fee and a share of the potential profits from a future sale....
...“Crypto in the US had something close to a near-death experience,” Kurz said, adding that the “turning point really came this year when BlackRock filed for an ETF....
...In 2021, Blue Owl’s Dyal Capital unit bought a stake in a deal that valued CVC at €15bn....
...There’s a tipping point beyond which the dash to cash becomes self-reinforcing....
...Some existing shareholders will sell stock and one backer, Blue Owl, will increase its stake....
...The group was last valued at around €15bn when it sold a minority stake to Blue Owl in 2021.Originally spun out from Citi’s London office around three decades ago, CVC has also expanded beyond buyouts into...
...What drives listed buyout groups “is AUM [assets under management] — it’s not entrepreneurial”, one of the people said....
...Stefanie Drews, president of Japan’s Nikko Asset Management, has never had a go at karaoke....
...But much of it is so-called “wellness-washing” — where perks, such as mindfulness sessions, serve as a distraction from high workloads, poor management and other structural problems....
...This outperformance has continued this year as the blue-chip benchmark has hit a series of record highs....
...CVC can also point to a step up in its size. It bought infrastructure manager DIF last year....
...Case in point: Donald Mackenzie. He’s one of the buyout industry’s best-known names and founded CVC in 1993 before stepping back in February ahead of the IPO....
...“I want to thank our shareholders for their trust and confidence in our board and management,” Iger said....
...Costs remain stubbornly high, the share price has fallen by a third and underperformed the FTSE 350 asset managers’ benchmark since Bird’s appointment, and the group has twice been ejected from the blue-chip...
...Others, such as Goldman Sachs and Morgan Stanley, have relied on their wealth and asset management arms....
...She noted that should asset managers increase their expense ratios to offset the new charges, “every additional basis point is a competitive disadvantage”....
...“But that’s not really the point, the point is how much independence is there in the thought process [behind prosecutions].”...
...Others question whether it is Abrdn’s management that is itself the problem....
...Although these terms are designed to reassure bondholders, they could straitjacket Thames Water’s management, preventing a turnaround at the creaking utility....
...The pink line is quarterly variation, while the blue line is a slower-moving average....
...The S&P 500 index of blue-chip companies is up more than 9 per cent since the start of the year....
...With the bulk coming from just one claims management company, these are rising weekly. Next year’s earnings were expected to pick up markedly....
...They include US hedge fund Whitebox Advisors and UK fund City of London Investment Management, which along with Seoul-based fund Anda Asset Management have called on the management of Samsung’s de facto...
...BYD’s “grand” ambition, he adds, is to integrate its products within a city’s “entire” transportation and data management systems....
...“But not to the point where we feel like it’s a highly consequential decision to start the process of dialling back on restriction.”...
International Edition