Hints and tips:
...The LDI contracts that Merrill Lynch used allowed pension funds to mirror movements in their liabilities, with the aim of minimising the risks for the scheme and the beneficiary of the pension....
...The moves have been more pronounced at the riskiest end of the credit spectrum, with the average spread on “triple C and lower” bonds expanding on Tuesday by its most in a day since March — when banking...
...The UK plans are part of a big international push by AIMCo, which said it wanted to invest C$3bn-C$5bn outside of Canada in the next year....
...Last week the FT reported that Caisse de dépôt et placement du Québec, the C$400bn ($295bn) global investment group, had stopped making private deals in China and was closing its Shanghai office....
...Fogelberg joins from Kirkland & Ellis, where she was a partner and worked with C Street founder Jon Henes, a former Kirkland & Ellis partner....
...The last thing I bought and loved was a table lamp by the director David Lynch. He had an art exhibition at Pace Gallery in New York in 2022. The style is, as you can imagine, a bit chaotic, bizarre....
...The so-called “spread” — or gap — between the yields on euro-denominated corporate debt rated triple C or lower and government paper has widened to more than 18 percentage points on average, according to...
...A third archetype, of the hypersexual Jezebel, is embodied by Josephine Baker in jazz-age Paris....
...In my view, the greatest artists — such as Lars von Trier, David Lynch or Jane Campion — create works that sit on the precipice of triumph or total fail....
...The write-off of the group’s Celsius holdings — a small slice of its overall portfolio — came as the fund manager reported a C$28bn ($22bn) fall in assets in the six months to the end of June this year....
...And then there’s David Lynch’s Twin Peaks universe, in which otherworldly evil expresses itself via a father’s lust for his daughter....
...When the rule was introduced, Dawid Konotey-Ahulu was a managing director at Merrill Lynch in London, working in the bank’s pensions and insurance solutions group....
...This kind of David Lynch tanztheater has been done with infinitely more skill and wit by Mark Bruce in thrifty noir dance dramas such as Dracula and last year’s Phantoms....
...The C-suite drama would be followed by much bigger problems....
...How the World Made the West: A 4,000-Year History by Josephine Quinn (Bloomsbury) A revelatory account of how the ancient world was much wider and more interconnected than traditionally thought — and the...
...In 2021, the C$227bn Ontario Teachers’ Pension Plan also unveiled a C$70bn push into international private markets....
...In 2021, the C$227bn Ontario Teachers’ Pension Plan also unveiled a C$70bn (£40bn) push into international private markets, spanning assets from infrastructure to real estate....
...She has also held leadership roles at the Ontario Teachers’ Pension Plan, a C$200bn (US$157bn) Canadian pension fund....
...Blue Prism was acquired by US-based software group SS&C Technologies for £1.25bn, or around seven times its 2021 turnover. *This story has been updated to correct the price of Darktrace’s shares at IPO...
...The Mike Lynch-backed company never goes as far as to apologise for its past life, choosing instead to talk of legacy issues born of corporate immaturity....
...“Ryne saw the FTX situation as similar to the Merrill Lynch situation or Lehman in 2009,” said a former colleague. Miller’s former firm had handled Lehman, the largest bankruptcy in US history....
...The plan holds C$68bn of listed and private assets in the province and is the second-biggest shareholder in aviation company and regional champion Bombardier....
...Caisse de dépôt et placement du Québec, one of Canada’s largest pension managers, said “disposal plans” were under way for its Russian holdings, which the C$420bn ($330bn) fund described as “marginal” in...
...Can you imagine Josephine and Cleopatra comparing notes about their experiences?” I give him a quick kiss, and push him towards the front door....
...With additional reporting by Josephine Cumbo in London...
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