Hints and tips:
...Aurora’s sponsor NaMa Capital, formerly Novator Capital, is backed by Björgólfsson, a self-defined “deal junkie” with an “unusual tolerance for risk”....
...Ben Whitmore, whose funds include the £2.1bn Jupiter UK Special Situations Fund and the £1.6bn Jupiter Income Trust, is leaving at the end of July to set up his own firm....
...Blackstone Mortgage Trust and KKR Real Estate Finance Trust, two of the biggest mortgage real estate investment trusts, have halted loans to any new borrowers....
...So venture capital trusts and the Enterprise Investment Scheme carry lots and lots of valuable tax reliefs....
...The company isn’t getting much from the special purpose acquisition company trust, which has about $20mn left after more than 90 per cent of shareholders decided to redeem....
...SL Green will sell the 49.9 per cent stake in Manhattan’s 245 Park Avenue building to Japan’s Mori Trust, supplying much-needed cash to the real estate investment trust....
...Instead, the firm’s exposure to his businesses increased to about €2.5bn....
...Indeed, conditions in such sectors are so bad that Tom Barrack, founder of the $50bn Colony Capital investment group — which runs real estate investment trusts with heavy exposure to hard-hit assets such...
...“Despite increased calls for transparency since the financial crisis, we do not believe there has been adequate change to restore investor trust,” Mr Kapoor said....
...Those built between 2000 and 2010 and resold between 2006 and 2016 declined in value by 17 per cent....
...He had defaulted on the mortgage on his Neverland ranch in California, a country-style house with its own zoo, and no bank would help....
...NRE, a Europe-focused Reit listed on the New York Stock Exchange, has a $2.1bn portfolio that includes Portman Square in Marylebone, London; Condor House, across from St Paul’s Cathedral in the UK capital...
...Ocwen, a $550m New York-listed company which grew exponentially in the aftermath of the financial crisis as new capital rules in the US forced banks to offload their mortgage servicing businesses to non-banks...
...Scottish Mortgage, Baillie Gifford’s flagship FTSE 100 investment trust, owns 1.8m of the fund manager’s 13.2m Tesla shares.* Scottish Mortgage’s level of unlisted investment would rise to about 18.5 per...
...— such as AAA-rated mortgage-backed securities before the crisis, or Greek debt today,” Mr Stanley said....
...equity capital this time around.”...
...With assets of $2.6tn and more than a quarter of a million staff, only China’s Big Four lender and HSBC are larger....
...Bank of Canada’s official numbers show that non-banks — trusts, credit unions and other financial institutions — held C$313bn of residential mortgage credit in December....
...Even so, MSR intensive Reits such as PennyMac Mortgage Investment Trust and New Residential Investment Corp are still yielding more than 11 per cent....
...Names include the Scottish Mortgage Investment Trust, which focuses on global technology, Finsbury Income and Growth, focused on more defensive, quality equities in the developed world, RIT Capital Partners...
...and BC Partners for about $2.8bn....
...He recently gave £3,000 to the trust, the sum he received in 2006, citing the huge difference it had made to his life....
...prices started to turn down in the summer of 2006....
...Tax analysts think capital gains tax, income tax and tax planning using trusts might end up in the cross-hairs if the new government responds to the surge in support for Labour by shifting more of the tax...
...I would largely ignore 2000 and 2006 when monetary policy was tightened and the economy buckled under the duress of the dramatic reversal in what had been credit fuelled misallocations of capital in the...
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