Hints and tips:
...The deal allowed Credit Suisse to cut its holdings of such assets from $75bn to $20bn. Apollo rebranded the business as Atlas....
...investment officer of US-based Muddy Waters, Carson Block, told the Sohn investment conference in London that there was “a lot of rot in its book”, and that many of the borrowers whose loans make up the trust’s holdings...
...For instance, here’s an extract from a filing by Manhattan Bridge Capital, a small Nasdaq-listed mortgage Reit: No Adverse Material Change....
...It means that despite only holding roughly half of the publicly traded shares, Refinitiv holds closer to 90 per cent of the total voting power....
...The insurance units are required by state regulators to invest the vast majority of their holdings in investment-grade rated debt, to safeguard policyholders....
...Revenue is holding up, cost-cutting has come through and margins at the core business segments are improving. Is Big Tech back?...
...Ark has doubled down on many of its holdings, snapping up more shares in crypto exchange Coinbase, and adding to its holdings in the Grayscale Bitcoin Trust and crypto-focused lender Silvergate Capital....
...Credit Suisse on Tuesday said Apollo had agreed to acquire a “significant part” of the assets of its securitised products business, reducing its holdings of such assets from $75bn to $20bn....
...Among the top 10 holdings in its Scottish Mortgage Investment Trust fund as of September 30 were shopping platform Meituan and social media and gaming group Tencent, both of which declined by more than 14...
...They dumped gilts, causing prices to fall further, and also slashed their holdings in the most liquid securities, such as corporate bonds and equities....
...Thus, the illiquidity of private holdings could prove challenging at times of investor redemptions and in market downturns. 2. Use of leverage to fund private investments....
...Vehicles such as the Grayscale Bitcoin Trust that give investors exposure to crypto assets without holding the tokens directly attracted billions of dollars in 2021, as asset managers including ProShares...
...Arm bets on Wall Street in a ‘huge potential blow’ to London When SoftBank swooped in six years ago to buy Arm Holdings for £24.3bn, Baillie Gifford opposed the deal....
...Take Ellington, one of the oldest and biggest dedicated credit hedge funds, having been set up in 1994 by Michael Vranos, a former superstar mortgage bond trader at Kidder Peabody....
...It says it is holding off to allow more time for discussion with regulators and companies involved in digital advertising and to “avoid jeopardising the business models of many web publishers which support...
...By investing a part of insurance premiums in middle-market corporate loans, aircraft finance and mortgage originators, Apollo was able to capture excess returns for Athene while holding risk constant....
...By 2011 and with the economy in recovery, there were no longer any bargains in mortgage-backed securities....
...James Anderson, who has managed the £17.5bn Scottish Mortgage Investment Trust since 2000, will step down in April next year. Read more here....
...Smart reads The house always wins Sky Bet, the most popular gambling app in Britain, knows more than its users’ favourite games — it uses banking records, mortgage details and location co-ordinates to keep...
...The trust is a corporation owned by DJT Holdings LLC — that is, Donald J Trump. Mr Trump appears to owe the money to himself....
...The Canadian asset manager Brookfield has also skipped payments on its shopping mall mortgages. But not everyone is licking their wounds....
...No sooner had their life insurance venture, Athene Holding, got off the ground than Mr Belardi began confronting questions from New York regulators about whether he and his team were taking too much risk...
...The IPO will allow six of the investment-bank backers, such as Morgan Stanley and Deutsche Bank, to reduce their holdings....
...SoFi, the highly valued online lender, explored a sale earlier this year, holding talks with companies including Schwab, the San Francisco-based broker, according to people familiar with the matter....
...Many have also noted the performance of MarketAxess Holdings, a rival fixed-income trading venue. Its value has risen fourfold to nearly $8.8bn in the past five years....
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