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....
...The coin toss dictated that Tulchinsky should stay at his current employer, options trader Timber Hill....
...Aside from direct investments, most wealth deals were executed by portfolio companies owned by private equity, such as Leonard Green-backed serial acquirer Mariner Wealth and Oak Hill-backed Mercer Advisors...
...Ark set out to have a portfolio that has little overlap with the Nasdaq and the S&P 500....
...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...
...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....
...Neville Hill of Credit Suisse said that with the cost of government debt at record lows: “There is absolutely no urgency for fiscal consolidation.”...
...Neville Hill: Fiscal policy will be far more critical in determining the strength of any recovery in the UK economy in 2021....
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...Europe continued to perform well with pleasing recovery in S Europe & E Europe since May. In N....
...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....
...We think it’s largely right that the gaming sector will enjoy a V-shaped recovery as sporting events resume....
...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....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...The European Autos index posted a phenomenal run from the 19 March lows to last week’s high, with the SXAP up by a whopping 58% then, outperforming the supportive V-shaped market recovery amid early evidence...
...Are we looking at a W-shaped recovery, or lots of Ws stuck together?...
...The number of sales was down as much as 11 per cent, according to Stribling & Associates, a residential real estate broker. Another report on Tuesday from Corcoran had sales falling by 5 per cent....
...However, the England v France game was cancelled due to Typhoon Hagibis, the most powerful storm to hit the country in decades....
...To be fair to Wealthfront, they do mention that one should take the results with a “with a significant grain (perhaps even a hill) of salt”....
...It comes as the music industry is facing a big test of the sustainability of its recovery....
...A danger of releasing some of the pressure that has held down borrowing costs is that tighter monetary policy chokes off economic recovery....
...New Pistoia and Mr Anton have, it seems, become impatient with Mr Canham over Hornby’s wheezing progress towards recovery....
...The brother traded on the information and also tipped off Salman, who with an associate earned roughly $1.7m in profits....
International Edition