Hints and tips:
...The company separately confirmed the claim was filed by M&G. M&G Real Estate declined to comment on Tuesday....
...Correction: In Friday’s edition of FirstFT I incorrectly stated that the Iowa Hawkeyes faced a potential rematch with Louisiana State University over the weekend when the game had already taken place....
...Correction: Earlier this week we misspelt the surname of Christopher Waller, a governor on the board of the Federal Reserve. We apologise for the error....
...It was a big call from someone who, as the company’s chief financial officer, had been living in the shadow of the former CEO....
...The S&P Biotech index went into correction — a more than 10 per cent decline from recent highs — in 2015 and 2018, but industry executives say this slowdown is far more severe....
...I’m Madhumita Murgia, the AI editor at the Financial Times. John ThornhillI’m John Thornhill, the innovation editor....
...But, in its early iterations, Google Translate rendered it as “I’m going to eat a lawyer for lunch”. In French, the word avocat means both avocado and lawyer....
...Valuations look very stretched and a reversion to the mean suggests a harsh correction....
...So if you were to wait for everyone to agree globally, I’m afraid it will be Armageddon.”...
...“I’m so proud of our first 25 years, and so excited about our next quarter of a century.”...
...But what it is, in fact, is a course correction back to the usual practice....
...I’m not surprised that reality is now catching up with them.”...
...says Raimondo Amabile, chief investment officer at PGIM real estate....
...The studio points to recent deals with George Clooney’s Smokehouse Pictures, M....
...“This is the worst correction [in the biotech sector] I have seen in my 22-year career,” said Michele Gesualdi, founder of London-based investment group Infinity Investment Partners....
...I’m hoping that south-east Asia’s start-up ecosystem can emerge from the current headwinds even stronger....
...If by any chance there is an error please send the details for a correction to: typo@ft.com. We will do our best to make the amendment as soon as possible....
...[MUSIC PLAYING] Jess Smith Before we go, we’d like to make a correction....
...Marc FilippinoSo there were some interesting comments from the chief investment officer of Pimco. It’s a massive asset manager and one of the most well-known bond trading firms....
...Since 1960, a strategy that waited for a 10 per cent correction before buying the S&P 500 and then sold at a new all-time high would have underperformed a buy-and-hold strategy by 80x (yes, eighty)....
...But I’m not sure they can cope with that....
...“I think we’re half way between if I’m honest and I think the cost pressures we are seeing on household incomes might slow that reversion down further”....
...A police officer was injured in a motorbike crash while attending to a roadblock....
...I’m Michela Tindera, and this is Behind the Money. [MUSIC FADES] Desiree Fixler joined DWS as its new group’s sustainability officer in 2020....
...You go further and further and further along this risk spectrum and you say, OK, well, I’m only getting kind of zero per cent of my government bonds and I’m only getting, you know, one point people were...
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