Hints and tips:
...First to Resolute Investment Managers, an asset management platform and distributor, in 2016 and, the following year, to Japan’s Nikko Asset Management....
...David Kirtley, Helion’s chief executive, compared it to the regenerative breaking system in a Tesla electric car, where the kinetic energy from the vehicle is used to recharge the battery system....
...Village Roadshow, an indie distributor that has financed movies including Joker, is also exploring a sale, according to people familiar with the matter....
...Khaldoon Al Mubarak, chief executive of Mubadala, an Abu Dhabi sovereign wealth fund, is another board member. Mubarak joined the board last year when Mubadala took a stake in G42....
...Horizon Kinetics, a New York-based investment adviser, has set its sights on reorganising Texas Pacific Land Trust, a highly profitable company with land holdings on the Texas side of the Permian Basin,...
...The elegance of leveraged loans for big banks is that — in normal circumstances — they are low-risk: the debt is syndicated to mutual funds, hedge funds and other investors....
...Shareholders of AmerisourceBergen delivered a strong message to the US’s third-largest drug distributor in March....
...Short selling hedge funds are not right all the time either, but when they are wrong they lose their own money....
...“The products put a big due-diligence burden on distributors,” he says, adding that advisers need to understand the liquidity of all the underlying strategies in a fund....
...Mr Modi has championed solar power and helped launch a global solar alliance at the Paris climate summit to mobilise an attention-grabbing $1tn of funds worldwide by 2030....
...The company also lists a series of Distributors/Resellers and Specialised Partners on its website....
...Earlier this year, Man Group — which can trace its origins back to an 18th century rum distributor to the British Royal Navy — announced the purchase of Boston-based hedge fund Numeric for $325m, and the...
...Morgan Stanley sold petroleum distributor TransMontaigne to NGL Energy Partners and has agreed a deal to sell its global oil merchant business to Rosneft of Russia....
...Andrew Shrimpton, head of compliance at Kinetic, the financial services consultancy, says: “Both the UK and the US are becoming more draconian, which is definitely proving more of a deterrent.”...
...McKesson is being sued by a hedge fund which claims that the US drug distributor’s purchase of Germany’s Celesio was unfair to minority shareholders....
...“We don’t want public funding, we will fund the stadium ourselves. It’s something we have worked very hard to get to this stage,” he said....
...The same month Centerbridge also took control of Frans Bonhomme, a French distributor of plastic tubes owned by London-based private equity firm Cinven....
...Banks, bonds markets, sovereign wealth funds, equity investors, Liberty Media and bake sales are all reportedly in line to help Charter (enterprise value: $28bn) acquire TWC ($61bn)....
...But he needs other backers to fund a multimillion-dollar stadium development....
...“I have known you personally for many years,” Mr Loeb wrote to Irik Sevin, chief executive of fuel distributor Star Gas Partners in 2005....
...Star Gas Partners In 2005, Mr Loeb wrote a blistering letter to Irik Sevin, president and chief executive of the fuel distributor....
...During the early 2000s, he steered clear of technology and telecoms stocks, investing instead in companies such as coal miner Massey Energy and fuel distributor Star Gas Partners....
...Based on responses from more than 700 asset managers, pension schemes, consultants, distributors and fund administrators from 29 countries, with combined assets of $27.4tn, the report also paints a gloomy...
...The legal test for a pyramid scheme is that distributors are rewarded for recruitment rather than selling product, and that most of them lose money....
...Mr Ackman, whose hedge fund has sold short almost a fifth of Herbalife’s stock, in December claimed that the company was operating with the primary aim of recruiting distributors into its network – a key...
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