Hints and tips:
...Apple until now was one of the few Big Tech companies to avoid major antitrust action in the US, but, says Rana Foroohar in today’s Swamp Notes newsletter (sign up here), the DoJ move could be the “harbinger...
...In doing so, they have been increasingly muscling out the traditional Sand Hill Road VC merchants, who like to think they know best how to fund the future....
...emerging market indices, according to an investor who received the fund’s year end note....
...It’s important to note that there is probably less leverage in these trades than there used to be, given the recent volatility. But it’s still easy to envisage ways that things could get . . . sloppy....
...that current and future shareholders of ARK ETFs can remain invested in disruptive innovation in a compounded fashion, without being taxed, for potentially two more years or longer,” said an Ark research note...
...Edward Finley of Arrow Wealth Advisory LLC pointed out that from a certain point of view, the question “does private credit, as an asset class, generate excess return” is a sort of category mistake: An...
...Four of the ETFs are Asia-focused, while the fifth invests in global emerging markets, the announcement notes....
...The most convincing answer is official objectives coming into tension, as Goldman Sachs China analysts argue in a recent note....
...“There are many [physical] funds out there that still technically hold Russian equities but are unable to sell them,” he said. Michael Mohr, global head of Xtracker products, struck a similar note....
...This article has been amended since first publication due to an error in a Stifel analyst note....
...And to her credit, as Lex notes, Vodafone’s newish boss Margherita Della Valle has been listening. . . . Which brings DD to the second Spanish telecoms deal announced on Tuesday....
...If last week’s comedy Dumb Money made sport of funds like Citadel LLC, here we get a fictional insider view, defined by ambient hyper-stress....
...Crispin Odey fired the hedge fund’s executive committee in 2021....
...For its part, Apollo notes that fresh investment in annuities and life insurance had been moribund for years — until it got involved....
...Bondholders, which besides Apollo include Ares and Pimco, are set to swap their old notes for new notes for about 76 cents on the dollar....
...Even traders reluctant to trade electronically now recognise “that the writing is on the wall”, she wrote in a recent note....
...That’s the most insane thing about it,” says Jill Chase, a partner at CapitalG, Alphabet’s growth fund, where she focuses on AI investments. “All these products exist because of the transformer.”...
...At least that was certainly my experience in Argentina, where a single $100 note buys you more pesos than two $50 notes or — worse than that — 20 crumpled $5 notes.Argentine friends had been unequivocal...
...Bears were quick to note the effects of warm weather in January and one-off cost-of-living adjustments to benefits payments....
...The firm does not expect the conversion to require shareholder approval, the filing notes....
...The notes, which will mature in September 2029, will yield about 14 per cent. The sale generated a loss of about $675mn for the banks....
...(Side note: the bank also made cringey music videos, Alphaville has discovered.)...
...The combined business could lose some customers, analysts also note, who are clients of both lenders and would want to diversify their banking relationships....
...But Giles and Nick English, the founders of watchmaker Bremont, had reason to be happy when they received a note from Ackman....
...The Englander note also said that chief operating officer Ajay Nagpal will take on the role of president. Millennium declined to comment. laurence.fletcher@ft.com...
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