Hints and tips:
Related Special Reports
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...The fund held about $2bn in assets at the start of 2020 but took in nearly $8bn in net new flows over the second half of that year, ending 2020 with more than $17bn in assets, according to Morningstar Direct...
...The proxy firm’s analysis paves the way for a potential investor backlash at the FTSE 250 asset manager’s annual meeting on April 24....
...The business has also been hit by price collapses for diamonds and platinum as well as problems at its Quellaveco copper project in Peru that only started production in 2022....
...New York-based New Mountain, which manages about $50bn in assets, is known for preferring to buy privately held businesses in sectors it believes are insulated from swings in the economy....
...Perhaps the mines themselves could become trophy assets for billionaires? Either way, the mass market for stones looks less than rock solid. alan.livsey@ft.com...
...Wanblad has said that “nothing is off the table” when it comes to asset sales or other options to restructure units, of which De Beers and the platinum group metals division are the most troubled....
...It doesn’t have to be a gemstone or a stock or an asset class or whatever. Tell me, what are you long, what are you short?...
...Rohit Bhat, managing director of capital markets, exchanges and digital assets at Google Cloud, said that high-frequency trading firms were a segment “that we are working very closely with”....
...In today’s newsletter: London brokers cling together BYD seeks LatAm lithium JetBlue’s deal turbulence Bob Diamond bets UK market has hidden gems Former Barclays boss Bob Diamond has come a long way...
...Chief executive Duncan Wanblad said on a media call “nothing is off the table” as he reviews the group’s assets to try and turn round an ailing share price, which has crashed more than 40 per cent in the...
...Millennium, which was founded in 1989 by Izzy Englander, has grown to become one of the most prominent multi-manager hedge funds in the world, with about $63bn in assets under management and average returns...
...Under the sanctions, any assets of Marinichev and Alrosa held in the EU will be frozen and he will be banned from travelling to Europe....
...All other units, such as De Beers diamonds, would undergo a strategic review....
...WD Lab Grown Diamonds, the second-largest US producer of man-made diamonds, has filed for bankruptcy, becoming the sector’s first big casualty of a burgeoning glut of fabricated gemstones....
...The consideration for FBZ, which had total assets of $310mn and operated dozens of branches by 2015, was partly deferred, said Spalton....
...Balyasny runs $21bn in assets and Schonfeld has $10bn....
...That’s basically the sentiment in finance, where big banks, brokers, hedge funds and asset managers try to control where former employees go after they quit....
...The people that were looking at diamonds as an asset class are migrating to coloured gemstones.” No benchmark pricing exists for coloured gems because of the uniqueness of each stone....
...The 62-year-old Australian, whose audacious poaching of more than 20 senior executives from asset manager Barings last month has already sparked litigation, spent 20 years running a property business that...
...The deal allowed Credit Suisse to cut its holdings of such assets from $75bn to $20bn. Apollo rebranded the business as Atlas....
...The classic principal and agent relationship — where an investor outsources management of their assets to an outside party — is rife with potential conflicts of interest....
...The ecommerce group’s deal comes as part of a restructuring for Diamond Sports Group, which is aiming to leave bankruptcy protection; its collapse sparked a media rights crisis that spooked US sport....
...Still, some are being cautious, and one group of investors doesn’t seem convinced: private equity is sitting on a record number of assets....
International Edition