Hints and tips:
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...“There are no domestic equity investors here — everything else is a symptom,” says Michael Tory, founder of advisory firm Ondra Partners....
...Edwin Conway, who previously ran alts, will lead a new unit focused on private equity, infrastructure, real estate and climate investing....
...the CEO title at US private equity firm Carlyle, a position that has sat empty since his predecessor, Kewsong Lee, lost a bitter power struggle with the group’s co-founders, David Rubenstein and William Conway...
A series of bets on disruptive tech companies has allowed the New York firm’s inflows to soar
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Its most powerful executive, Michael Milken, pitched “high-yield” bonds as an attractive alternative to debt issued by safer, investment-grade companies....
Asset manager joins growing number of firms trading New York for warmer weather and lower taxes
...But it has lost 5 per cent so far in 2021, significantly trailing the almost 20 per cent gain for the broad S&P 500 and attracting bearish bets by high profile investors such as Michael Bury....
Investors are beginning to lose faith, analysts say, after stellar run in 2020
...Projects in Vietnam and Malaysia are potential early targets for deployment, said Edwin Conway, global head of BlackRock Alternative Investors....
...This exhibition at the V&A invites us into the opulent world of master goldsmith Carl Fabergé and his London clientele....
Cathie Wood’s portfolio contains innovative companies with more promise than profit
...Additional reporting by Michael Mackenzie in New York...
Cathie Wood’s vehicle hit hard as air comes out of speculative tech stocks
Founder of collapsed family office Archegos was crucial in early days of tech-focused asset manager
...Ark expects a V-shaped economic recovery. Wood said there was still a lot of cash on the sidelines, valuations were more reasonable and there was a strong profit recovery coming this year....
Cathie Wood flagship has taken big positions in Tesla and other tech shares
‘Any trend that generates a lot of excitement encounters scepticism’, ETF manager says
Anthony Scaramucci’s fund of hedge funds was down about 7.5% last year
Index provider had considered addition in intervals given carmaker’s hefty market capitalisation
Investors switch focus to credit funds as alternative to public markets flooded with stimulus money
...Additional reporting by Hudson Lockett and Michael Mackenzie...
...Plenty rides on expectations of a forecast V-shaped recovery in corporate profits during the second half of the year....
...At this juncture of the pandemic, market debate leans more towards a slow recovery, dubbed a U or a W, rather than a V-shape rebound....
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