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...A Bank of America survey on Tuesday showed fund managers continue to revise down their growth expectations for China....
...In a complaint filed in federal court in Manhattan on Friday, Jane Street alleged that Douglas Schadewald and Daniel Spottiswood, two former employees who defected to the multi-manager firm earlier this...
...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...
...Analysts expect the country’s economy to continue to slow in the medium term thanks to the property downturn and demographic decline....
...Vanguard chief executive Tim Buckley plans to retire from the asset manager by the end of the year....
...Los Angeles-based Oaktree this week moved to seize control of the asset — known by insiders as “Project Castle” — after Evergrande defaulted on a loan against which the $158bn asset manager had security,...
...interest rates will fuel a wave of defaults, said Pete Briger, co-founder of Fortress Investment Group, which on Monday was sold by SoftBank to an arm of Abu Dhabi’s sovereign wealth fund and the asset manager...
...THG has previously been subject to takeover interest from a range of investors, including property tycoon Nick Candy and THG non-executive director Iain McDonald, seeking to take advantage of a share price...
...PwC and KPMG have been investigated in Hong Kong for auditing work on two Chinese companies — indebted property group Evergrande and US-listed biotech China Medical Technologies, respectively....
...The lawyers managed complex legal questions around intellectual property and share price structure....
...Tulchinsky became one of its top portfolio managers, and in 2007 spun out a quantitative investment manager, WorldQuant, to manage money for the now roughly $60bn-in-assets hedge fund group....
...Blackstone — whose property and corporate debt funds, Breit and BCRED, manage nearly $200bn in gross assets — remains by far the leader in private capital retail offerings....
...Last year LastPass, the password manager provider, suffered a data breach. In January hackers disrupted Britain’s Royal Mail parcel delivery service....
...The New York-listed company had been spun out in 2014 from the mall titan Simon Property Group....
...Job moves Ex-DWS boss Asoka Wöhrmann will take over as chief executive of struggling German property investment group Patrizia less than a year after he was ousted as head of Deutsche Bank’s asset manager...
...Now the $5.5bn investment manager sees parallels in China, where the value of property company bonds has plummeted since the giant developer Evergrande began missing payments on its debt last year....
...The offer was supported by a majority of Ted Baker’s shareholders, including founder Ray Kelvin, value investor Toscafund and fund managers Schroders and Oasis, who together account for 50.7 per cent of...
...Gramercy is the opposite, an EM-focused investment manager founded by former Lehman trader Robert Koenigsberger....
...Oaktree Capital is risking a showdown with Beijing over control of one of ailing property developer Evergrande’s most-prized projects in mainland China....
...Russia’s invasion of Ukraine has brought renewed scrutiny of oligarchs, whose assets range from property to planes, yachts and sports teams....
...Oaktree loaned around $1bn in total to two Evergrande projects, according to a person close to the asset manager....
...He has lost at least $25bn over the past year as the property group’s financial woes deepened and Chinese president Xi Jinping’s common prosperity drive has sought to clamp down on debt and soaring property...
...“You don’t do that without some sort of green light from the authorities in China,” the rival credit manager said. “You need air cover to pull off a move like that.”...
...Unlike Connecticut’s Gold Coast, where prominent financiers like hedge fund manager Ray Dalio own expensive waterfront properties overlooking the Long Island Sound, the sleepy inland streets here are lined...
...Oaktree captures Evergrande’s Castle We imagine that no two days are alike for a distressed debt fund manager at Oaktree Capital Management....
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