Hints and tips:
Higher than expected price pressures cast doubt on potential for Fed rate cuts
Unexpected increase set to be scrutinised by central bank as it weighs interest rate cuts
December meeting minutes appear to dampen prospect for cuts to start in March
...In addition to ISS, proxy adviser Egan-Jones backed Trian, citing “the apparent lack of a . . . long-term succession plan” to replace Iger as one of its reasons for siding with the activist....
S&P 500 inches towards record as Joe Biden hails ‘milestone’ in fight to quell price pressures
...Additional reporting by Harriet Clarfelt in New York...
...My colleagues Claire Jones and Harriet Clarfelt explain the “last mile” challenges that Washington’s rate-setters must overcome....
...Additional reporting Harriet Clarfelt in New York and Jennifer Hughes in Chicago...
...The four “credit Vix” indices, which have been developed by exchange operator Cboe Global Markets and benchmark provider S&P Dow Jones indices, will track volatility expectations over the following month...
...Email me: harriet.agnew@ft.com While you were away . . ....
...The bond market selling damped an early upbeat tone on Wall Street leaving the S&P 500 and Nasdaq Composite each about 0.6 per cent lower and dashing hopes the Dow Jones Industrial Average would match a...
...But Sam Day, an insurance adviser living in the county, told the FT’s Claire Jones that she is in a “really scary spot” trying to save while she is “just struggling to get by day to day”....
...The rise of ‘multi-strategies’ The first generation of hedge funds, run by star managers like George Soros, Julian Robertson and Paul Tudor Jones, made their profits and their reputations by taking big...
Bondholders and international regulators criticise state decision to prioritise shareholders amid threat of legal action
...company said 25 per cent of chief executive Peter Herweck’s long-term bonus pay would hinge on scoring highly on certain climate scores such as those issued by the Carbon Disclosure Project or the Dow Jones...
...By confirming that the debt swap and refinancing package did not need unanimous support from all loan holders, Judge David Jones effectively opened the door to more deals that will pit lender against lender...
...Other backers included Japan’s SoftBank, Daniel Loeb’s Third Point, the family of hedge fund manager Paul Tudor Jones, and Millennium Management head Izzy Englander....
...But some shareholders have begun voicing similar frustrations, the FT’s Stephen Morris and Harriet Agnew report....
...Email me: harriet.agnew@ft.com Chart of the week Binance was going to buy FTX after it suffered a liquidity crunch. But then it thought better of it....
...the rocks Qatar bets on India’s Ambani Turkey’s IPO renaissance Multi-manager hedge funds meet their maker Three decades ago, when star traders such as George Soros, Julian Robertson and Paul Tudor Jones...
...Since its listing in 2021, the group founded by Nick Jones has lost almost half of its market capitalisation and has struggled to turn a profit....
...its shareholders are some of the world’s most-respected hedge fund managers, including Brevan Howard Asset Management’s Alan Howard, Millennium Management’s Izzy Englander and the family of Paul Tudor Jones...
...Harriet Agnew, Laurence Fletcher, Ortenca Aliaj and Eric Platt...
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