Hints and tips:
...As DD’s Sujeet Indap reported, a bulk of the recoveries comes from monetising FTX’s investment portfolio including a stake in the AI high-flyer, Anthropic....
...Its portfolio of private company bets also was marked down. Tiger’s long positions gained about 50 per cent in 2023, but its overall portfolio only rose about half that much....
...Those who carry wounds from previous recovery battles with Argentina have expressed scepticism....
...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....
...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...
...Investcorp has named Andrea Davis as its first head of corporate strategy....
...Melissa Davis: This is unlikely....
...Chris Davis of Davis Funds has long argued that investors have underestimated the improvement in banks’ durability since the 2008-09 financial crisis....
...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....
...However, the England v France game was cancelled due to Typhoon Hagibis, the most powerful storm to hit the country in decades....
...Caesars’ initial offer to this group in 2015 was a recovery of 9 cents on the dollar, each cent representing roughly $50m....
...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....
...The brother traded on the intelligence and tipped Salman, who with an associate reaped roughly $1.7m in profits....
...Monique Ebell, associate research director, National Institute of Economic and Social Research More pessimistic than 12 months ago....
...Director, Citi Inclusive Finance & Community Development, Citi 29 David Isaac Senior Partner, Pinsent Masons LLP 30 Sally Susman Executive VP, Corporate Affairs, Pfizer 31 Neil Tallantire Global Portfolio...
...The US government has since taken control of more than $480m that he and his associates had placed in bank accounts in Jersey, France and the UK....
...As pension funds embraced the use of cheap index funds over the last decade, such advantages were pitched as a way for hedge funds to improve portfolios....
...Betting on a US recovery – as Mr Paulson’s aptly named Recovery Fund does – has been one of the most profitable trades around. And not just for Mr Paulson....
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