Hints and tips:
...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....
...An entire Frank Lloyd Wright house. Admission is free, I discover, thanks to a $20mn donation from Walmart....
...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...
...Opec watchers point to three main reasons: Saudi Arabia doubts the demand recovery....
...One thing that is clear, though, is that the White House wants everyone to associate the climate fight with job creation....
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...The investment stimulus will come on top of what is expected to be a sharp economic recovery as the UK emerges from the pandemic, probably sooner than other developed economies....
...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....
...It is not clear, said miner Rio Tinto on Wednesday, whether the recovery will be “L-shaped or V-shaped”. That depends on the ability of people to return to work and the shape of government stimuli....
...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....
...The sheer diversity of Mr Barrack’s portfolio make it difficult to weigh gains against losses....
...However, the England v France game was cancelled due to Typhoon Hagibis, the most powerful storm to hit the country in decades....
...But, since the market recovery began, a new wave of buyers from Sweden have brought with them a demand for sophisticated design. “That was really the game-changer,” says Panton....
...Market intelligence from dealing desks and other portfolio managers also helps....
...Guggenheim, whose clients range from the New York police pension fund and regional insurance companies to jet-setting billionaires like casino tycoon Frank Fertitta, has faced months of upheaval due to an...
...A danger of releasing some of the pressure that has held down borrowing costs is that tighter monetary policy chokes off economic recovery....
...In a characteristically frank letter to shareholders, the famed investment manager, who made his name as a stock picker, argued active management was rarely worth the money....
...The brother traded on the information and also tipped off Salman, who with an associate earned roughly $1.7m in profits....
...She previously worked at Shearman as an associate. Sidley Austin has hired Marc Rose as an M&A partner in its Dallas office. He joins from Vinson & Elkins....
...“The fact that Mr Trump and his associates appear so disengaged with foreign policy may be in line with US public opinion, but it is pretty dangerous for security in the rest of the world,” he says....
...The brother traded on the intelligence and tipped Salman, who with an associate reaped roughly $1.7m in profits....
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