Hints and tips:
Related Special Reports
...Large private property trusts similar to Breit managed by investment groups, including Starwood Capital and Brookfield, also reported cash flows falling short of distributions in 2023, filings show....
...The list of early backers includes General Catalyst founder David Fialkow, Avenue Capital’s Marc Lasry, founders of RA Capital Management and former JPMorgan Chase chief investment officer Matt Cherwin,...
...As the lead manager of the £3.5bn Polar Capital Technology Trust, he bet big on AI — artificial intelligence being the dominant investment theme of the post-Covid era. Well, the gamble paid off....
...growth outlook and geopolitical tensions between Beijing and western capitals....
...They include Baillie Gifford’s flagship Scottish Mortgage Investment Trust, Bill Ackman’s £7.4bn Pershing Square Holdings, and the £2.5bn RIT Capital Partners trust....
...The “permanent capital” provided to investment trusts allows the portfolio manager to invest for the long term without having to worry about short-term outflows....
...That capital can be recycled to fund new projects. Denmark’s Ørsted is relying on DKr115bn ($16.7bn) of asset sales by 2030 to bolster its balance sheet....
...Arrowstreet Capital, Renaissance Technologies, and Rokos Capital Management declined to comment. Coatue, D1, Tiger Global and Bridgewater Associates did not respond to requests for comment....
...Green energy investment trusts face investor votes on whether they should continue trading as a prolonged slump in share prices hampers access to capital and presents challenges for the green transition....
...Haiti is also asking itself whether it should trust the international community....
...Mobius, 87, known for accurately predicting the start of emerging markets’ bull run in 2009, will leave Mobius Capital Partners in the coming months....
...The Lord John Bird Co-Founder and Editor in Chief, Big Issue Robin Hindle Fisher Chair, Big Society Capital Stephen BediakoFounder, Black Global Trust; Co-Founder Pathway Fund Dame Julia Cleverdon Chair...
...The trust has delivered annualised returns of 14.1 per cent over the past decade. It is an investor across the private equity spectrum, from venture capital to large buyout groups....
...More likely, he will restrict new capital to investment banking, redirecting any surplus to shareholder returns and more less-capital-hungry lending businesses....
...She is to be replaced at Ares Capital by the unit’s chief accounting officer Scott Lem....
...The basic trust is destroyed.”...
...Bridgewater, which in 2022 lost its place at the top of the all-time rankings to Citadel, fell a further two places to fourth, losing $2.6bn....
...Collectively, portfolio companies have adapted to a higher cost of capital and are funding their future growth....
...The writer is a former chief investment strategist at Bridgewater Associates European equity markets are starting 2024 following a familiar pattern: underperforming US peers in local currency terms....
...He points out that some trusts are mandated to pay a dividend partly from capital, enabling them to invest in more growth-focused areas, such as biotechnology or private equity....
...They stand at around one-third for private equity trusts and around half for venture capital funds. Cynics suspect net asset values should be much lower than stated....
...There are more stakeholders to placate but there are fewer people you can trust to resolve problems....
...And he trusts it to do a good job. “If I send something out into the world and I love it, that’s always the thing that matters. And people are free to love it too, or to hate it.”...
...In 2025, Nova Gorica and Gorizia will share the distinction of being the European Capital of Culture cities. The world needs more such success stories....
International Edition