Hints and tips:
Goldman loses around $200mn, while hedge funds Rokos and Leda Braga’s Systematica drop after collapse of Silicon Valley Bank
...Harriet A, Josh Franklin and Ortenca Aliaj have the scoop....
...part in the long term on average sucks, that most people can’t beat the index on a consistent basis and you see kind of over time, funds bleeding out of old stalwart active managers like, you know, the Franklin...
...Our colleague Joshua Franklin reported, even though he can’t do it in public anymore for PR reasons, he’s DJing at his daughter’s wedding, which I think is just lovely....
...Salisbury’s departure is the latest from Goldman’s asset management business, where he was chief investment officer, with other senior executives including Katie Koch and Luke Sarsfield having left within...
...Katie Martin Lure of cash poses challenges for asset managers Private equity: higher rates start to pummel dealmakers The seven companies driving the US stock market rally One in six asset management...
...Salisbury’s departure is the latest from Goldman’s asset management business, with other senior executives including Katie Koch and Luke Sarsfield also leaving....
...Joshua Franklin and James Politi have more details. 3....
...Here’s the FT’s markets editor, Katie Martin. Katie MartinIt’s been really genuinely quite shocking the scale of the reaction in global markets....
...EY’s global chief executive Carmine Di Sibio says he is planning to retire next year, and the FT’s Joshua Franklin explains the impact of JPMorgan settling a lawsuit over its 15-year relationship with Jeffrey...
...Katie Britt, a Republican senator from Alabama, told Becker she was “concerned with the lack of responsibility that you have chosen to take for the role that you played leading up to the failure of the bank...
...Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley....
...katie.martin@ft.com...
...“I think that’s what people hate about Washington,” Katie Britt, a Republican senator from Alabama, told Barr at congressional hearings investigating SVB’s collapse last month....
...Other senior executives who have left within the past year include Katie Koch and Luke Sarsfield. Takashi Murata, co-head of Asia Pacific private investing, is also departing the bank....
...(laughter) Katie Martin is extremely patient and the FT’s markets editor. Thank you so much, Katie. Katie MartinPleasure....
...The departed include a clutch of female bankers such as Katie Koch, chief investment officer of public equity; Heather Miner, chief operating officer of the division; and Heather von Zuben, global head of...
...The bond market is buckling to the inevitability of rate rises, writes markets editor Katie Martin. March is shaping up to be the worst month for US Treasuries since at least 2016....
...“This is not the worst outcome from the market's perspective,” said Sonal Desai, chief investment officer at Franklin Templeton’s fixed income group....
...Gwendolyn Quinn, her representative, confirmed Franklin’s death, AP reported. The cause was pancreatic cancer....
...Katie Muth, an athletics trainer with no formal political experience, faced an uphill battle in the US midterm elections to oust a Republican who had held the seat for 16 years....
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