Hints and tips:
...“Everywhere you look in Saudi Arabia, you can see growth and progress and I’m excited to be part of that,” Nadal said....
...Meanwhile UK pension fund holdings of fixed income surged from 17 per cent in 2000 to 72 per cent in 2022. Did pension funds kill the UK equity market? And how can they be harnessed to revitalise it?...
...But as Steven Kelly of the Yale Program on Financial Stability pointed out to me, Yellen et al will need the goodwill of the big banks should some other bank or banks get into trouble....
...Need to know: UK and Europe economy The UK’s opposition Labour party said it was willing to force pension plans to invest in a new £50bn growth fund to boost the availability of capital to fast-growing...
...To put it more simply: Jiang et al argue there are $2.2tn in mark-to-market losses out there, and there is only $2.2tn in equity in the US banking system....
...All assets may perform badly under stagflation, but we’d rather own Pepsi, Johnson & Johnson, Kimberly-Clark, Bristol-Myers et al than sit and watch our cash lose its earnings power....
...Small caps tend to be more volatile than blue-chip stocks both on the way up and down — and could be big medium-term winners if Kolanovic et al are right....
...In a world with a glut of capital, divestment of “dirty” assets does not de-fund them or increase their cost of capital meaningfully (Anjli Raval made this point even better, in my view)....
...“The future growth of GHS is therefore limited due to the lack of availability of new funds for investment at a time when both several attractive investment opportunities exist and GHS would be a benefit...
...YPF claims account for $773m, or 38 per cent of Burford’s capital provision assets, and 53 per cent of the “capital provision income”....
...Service Providers (ie Spotify, Apple et al), which improves SONG’s negotiating position. . . . . uh, great?...
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...There’s not much precedent to support the idea that Shina et al can walk away based on a MAC clause: WPP was forced against its will to buy Tempus in 2001, Guy Hands couldn’t scrap a bid for East Surrey...
...The dramatic growth of the fund manager — last year it took in more money than rivals BlackRock and Fidelity combined — has raised questions about its influence on corporate America....
...“[South Korea et al] probably don’t belong in an emerging market index, particularly on the debt side,” added Mr Huebler, who said EM investors generally think they are targeting “countries that have a risk...
...Blackstone Group, Starwood Capital, the Canadian pension fund manager Caisse de dépôt et placement du Québec and Singapore’s sovereign wealth fund GIC are among the biggest borrowers on GSE commercial loans...
...I guess it will need an increased ESG focus on Russia and sanctions, or a more active move by the US Treasury et al to question Russian index inclusion and bring a more fundamental re-assessment of Russian...
...This is on whether Macron et al will push ahead with a reform to deduct income tax at source. Yup, really....
...Jorda et al created their total return index based on both capital gains and income from renting. Net rental income has historically accounted for half of the total returns from owning housing....
...I’d set up and capitalise a European debt management agency to create ESBies (the European safe bonds of Brunnermeier et al). I’d set up a eurozone growth capital fund for fast-growing companies....
...And Leigh et al do indeed find that on average, a 10 per cent fall in the currency increases net exports by 1.5 per cent of GDP....
...Maybe we will discover that many managers were smart enough to sell out of Apple, Valeant, Williams et al before their shares tanked....
...Unsurprisingly, Greenspan et al believe China’s integration of its low-cost workforce and state-subsidised capital into the world economy over the past two decades has depressed prices everywhere....
...But they cannot create enduring and stable economic growth....
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