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 company, which was set up by Lewis Ranieri of Liar’s Poker fame, presents itself in altruistic terms as a new path for less wealthy Americans to become homeowners....
...The SoftBank-backed investment group Fortress has laid a $3.5bn bet on the role of golf and hotels in Japan’s post-Covid recovery after sealing a deal that the world’s biggest private equity firms shunned...
...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....
...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...
...The turnround plan involves streamlining Nissan’s portfolio of models, fierce cuts in production around the world and the closure of its plant in Barcelona....
...We assume that recovery will just seep into the gaps left between scheduled meetings, but then find we don’t know how to handle spare time....
...“Comparing this with the Lehman crisis, this time customers are not spending any money, and a V-shaped recovery will be difficult....
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...Ethan Ilzetzki, associate professor at the LSE: The UK economy will begin its recovery in 2021 but will not return to its pre-pandemic level of GDP until 2022....
...Mr Druley’s route to Cambridge Associates was idiosyncratic....
...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 also think that the muted recovery in June (sales still -90% YoY) may disappoint, given SSP’s diversified global portfolio....
...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....
...“The initial V-shaped recovery was not achieved because he was a foreigner, but it was because he was Carlos Ghosn,” says Yutaka Suzuki, a former Nissan executive tipped to become the Japanese group’s CEO...
...Conversely a rapid recovery could see earnings recover faster than we expect.. 2:00pm GMT - Clyde Lewis of Peel Hunt has some v. interesting scenario work on the UK housebuilders: So for the base case...
...However, the England v France game was cancelled due to Typhoon Hagibis, the most powerful storm to hit the country in decades....
...A danger of releasing some of the pressure that has held down borrowing costs is that tighter monetary policy chokes off economic recovery....
...The brother traded on the information and also tipped off Salman, who with an associate earned roughly $1.7m in profits....
...The brother traded on the intelligence and tipped Salman, who with an associate reaped roughly $1.7m in profits....
...• Geoff Lewis has moved to Manulife Asset Management as an Asia senior strategist....
...Grant Lewis, Head of Research, Daiwa Capital Markets Europe The bias is, of course, towards a tighter monetary policy stance, as it has been for a couple of years now....
...The £1.5bn Schroder Income and £1.2bn Schroder Income Maximiser funds are among those listing Tesco in their top 10 holdings, along with the £184m High Octane portfolio from wealth manager St James’s Place...
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