Hints and tips:
...Enter the relatively new CG UK Index-Linked Bond Fund with costs of 0.15 per cent — an actively managed fund close to the price of a passive fund....
...Biotechs are particularly reliant on equity markets because they often need large amounts of capital to fund drug development before they generate enough revenue to repay debt....
...“Capital flows to the path of least resistance. If it’s too hard in Colombia, and many companies think it is, then they’ll go to Ecuador or Chile or Peru or who knows where.”...
...A debt fund recently pulled out of buying a UK hotel after discovering its energy performance was poor, deciding it could not justify the capital expenditure required to remedy it, according to an adviser...
...Both join from Dimensional Fund Advisors. RBC Capital Markets has hired Allison MacKinnon as a managing director, head of UK corporate debt capital markets....
...Negative rates also destroy the stability of pension and insurance funds....
...Global equity funds suffered big outflows of $4.7bn while US and Euro HY credit funds had $6.9bn and $2.3bn of outflows respectively....
...Selling off swaths of land at high valuations enables the government to fund its projects while keeping taxes low, and holding prices high keeps highly-leveraged homeowners from dissenting....
...China, foreign parent companies are increasingly seeking to tap the domestic bond market as an important and highly cost-effective source of renminbi funding to support their Chinese expansion needs,” CG...
...Foreign participation in China’s domestic capital markets has reached unprecedented levels over the past two years, driven by reforms that have widened access and streamlined entry procedures....
...Clayton, Dubilier & Rice named Jean-Michel Aubertin as an operating adviser to its funds. He is the former chief of CG Power and Doosan Power Systems....
...Launched early on Monday, Bond Connect allows foreign fund managers to trade in China’s vast $9tn interbank bond market without, for the first time, having to set up accounts onshore....
...decision to include Chinese A shares has prompted heightened expectations — like we’ve never seen before — and really demonstrates that the world needs to recognise and embrace the Chinese market,” said CG...
...“Our view is that many fund managers believe China will ultimately be included in the [Bloomberg Barclays] global aggregate, meaning they need to study and follow the China market,” said CG Lai, head of...
...after admitting to misusing customer funds to pay personal taxes....
...In 2008, his hedge fund Harbinger Capital Partners teamed up with Firebrand Capital to agitate for changes at the New York Times Company, where voting control is held by the Sulzberger family....
...South Korea-based Samick Musical Instruments is Steinway’s largest shareholder with a 30.3 per cent stake, while hedge fund ValueAct Capital is the company’s second-biggest with a 9.6 per cent holding....
...This works alongside the “confidence-in-banks” benefit of the HMT inspired increase in capital....
...“In that case our problem might be not being able to absorb that capital,” Mr Stevens said....
...Well… One of our long term concerns in a prolonged low rate environment – as DDA [noninterest bearing demand deposits] balances continue to flood in – is banks will take increased duration risk to mitigate...
...James Maltin, investment director at Rathbones, points to Peter Spiller at CG Asset Management as one of the best managers around – but not one of the best known....
...KPMG, the administrator, said at the time the company needed a new owner with deeper pockets in order to fund the large amount of capital needed up front for the project....
...They raised huge swathes of funds and then invested them in stupid things and beat themselves up....
...If that continues, Portugal will have to go to the European financial stability facility, the bail-out fund....
...Its aim is to channel funds to a broad range of corporates, including to smaller companies and/or companies of below investment grade credit-quality....
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