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...The wave of redemptions reflects a tougher environment for active fund managers, who charge investors a fee in return for selecting a portfolio of stocks....
...Terry Hansen Milwaukee, WI, US...
...On Friday, Debra Crew, in charge only since June, had to admit that drinks group Diageo had an inventory problem in its fastest-growing region, Latin America and Caribbean (LAC)....
...It said this was a result of performance and net redemptions....
...Debra O’Donnell, 53 a former pre-school teacher wearing a T-shirt saying “Jesus is my saviour, Trump is my president”, lamented high inflation and rampant immigration, and that the US was losing its “boundaries...
...This led to a slump in sales of more than 20 per cent in Latin America. Analysts were unimpressed by Diageo chief executive Debra Crew’s initial handling of the warning....
...Diageo boss Debra Crew has vowed to get the drinks business back on track after a “perfect storm” in Latin America and customers trading down to cheaper spirits in the US pushed down profits....
...Two funds managed by renowned fund managers Terry Smith and Nick Train made the Spot the Dog list for the first time in the category of worst performing funds by size....
...Diageo’s new chief executive Debra Crew has taken up the position a month earlier than expected after the company said outgoing leader Sir Ivan Menezes was in hospital recovering from emergency surgery....
...Terry Gou, who is still one of the company’s largest shareholders with a 12.5 per cent stake, is running for president in his native Taiwan, which China claims as part of its territory and aims to bring...
...“Macroeconomic pressures have worsened and that caused lower consumption and really more consumer downtrading than what the team was expecting,” said chief executive Debra Crew, addressing the slump in Latin...
...On an earnings call on Wednesday, CME chief executive Terry Duffy said his exchange was “in a good position” to compete....
...“It’s a no-brainer to go ahead and file the application to become a Treasury clearer,” Terry Duffy, chief executive of CME, told the Financial Times on Tuesday....
...Amid the dispute, Diageo appointed its new chief executive Debra Crew, following the death of her predecessor Ivan Menezes in June....
...Two months ago, Terry Gou was talking big....
...Terry Gou, the billionaire founder of iPhone manufacturer Foxconn, has a dramatic manifesto for Taiwan’s presidency: rescue the country from the “brink of a precipice” and make it the richest in Asia....
...“I’ve never seen such a disparity of opinions on what the Fed may or may not do,” said Terry Duffy, chief executive, adding that uncertainty is also being fanned by the outcomes of critical elections around...
...Terry Gou told supporters and journalists on Monday that his candidacy was meant to force an alliance of opposition candidates against frontrunner Lai Ching-te from the ruling Democratic Progressive party...
...Examples include Malvolio in Twelfth Night, Batman in The Lego Movie, most Terry Pratchett novels, Taskmaster, and sellside coverage of crypto. The quant team at Citigroup has a take on the trope....
...Diageo chief executive Debra Crew said at the CAGNY conference of consumer analysts in Miami last month that prices would “normalise to one to two points of growth in line with historical pre-Covid levels...
...In a widely anticipated succession, the company said on Tuesday that Debra Crew — who was recently appointed chief operating officer — would replace Menezes at the maker of Johnnie Walker whisky and Smirnoff...
...There were branded hotel bathrobes and fluffy slippers at Balenciaga too, while Belgian newcomer (and Balenciaga alum) Marie Adam-Leenaerdt proposed a black maxi terry robe with a bright pink towel for a...
...Meta’s strong first-quarter guidance “should take some of the AI pressure off Meta that we’ve seen with Google and Microsoft so far this week”, said Debra Aho Williamson, an independent tech analyst....
...Terry Gou, the billionaire founder of Apple supplier Foxconn who announced his intention to run in September, dropped out of the race on Friday....
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