Hints and tips:
...Swiss interdealer broker Tradition has poached a team from professional services group Duff & Phelps to build a new private markets business, as it looks to profit from a possible wave of fund restructurings...
...Mr Cherry predicted a rapid recovery in the FCA’s capabilities. “Firms should not be complacent,” he said. “We are already seeing the FCA starting to ramp up activity and . . ....
...Writer Sarah Phelps (Dublin Murders, The Pale Horse) doesn’t shrink from Margaret’s duplicity — early on we see her forging a letter from Ian’s ex-wife casting doubt on the paternity of his two sons — though...
...“Investors will be very frustrated that they are paying management fees for being in a fund that they can’t sell,” said Mr Hughes....
...Since Mr Wilson’s appointment two years ago the fund has slashed its allocation to hedge funds from about 20 per cent of the portfolio to little over 10 per cent....
...“This season has become a template,” said Santosh N, managing partner at Duff and Phelps in India....
...“Despite the uptick in AML fine amounts in 2020 we are still seeing fewer massive fines being imposed in the United States,” said Mr Bayley....
...Nick Bayley, head of UK regulatory consulting at advisory firm Duff & Phelps, suggested further similar enforcement actions could follow....
...It’s happened, it’s done,” said Nick Bayley, managing director at consultancy Duff & Phelps and a former official at the Financial Conduct Authority....
...In addition, the Financial Reporting Council is currently investigating the conduct of Mr Adam as well as another former Carillion finance director, Zafar Khan....
...“I am delighted to be reunited with Stone Point and the Duff & Phelps management team as we work to continue to build upon the incredible global franchise that Duff & Phelps has become,” Mr Sarkozy said...
...“We’re preparing for a mass fatality incident based on what we know about the number of structures that have been lost,” Mr Phelps said....
...The UK, by contrast, has often indicated it is more liberal about off-exchange trading, but had to abide by EU rules, noted Nick Bayley, managing director at consultancy Duff & Phelps, and a former FCA official...
...That calculation “actually understates the magnitude of activity”, Mr Mann says....
...must also make sure the City does not damage its reputation as a global financial centre — which will be a difficult balancing act, according to Nick Bayley, head of UK regulatory consulting at Duff & Phelps...
...But only 682 firms have done so, according to the data obtained by Duff & Phelps....
...On financial services, Mr Javid told the FT that the UK’s preference was now for access to the single market to be based on “outcomes-based equivalence” with the EU — a system which would allow the UK to...
...A spokeswoman for Duff & Phelps declined to comment. Mr Olson did not respond to a request for comment....
...The appointment of Mr Madhavpeddi, who left China Moly in 2018 after a decade at the helm, adds more mining experience to Glencore’s board....
...The IMF’s Mr Adrian predicts there will be a “weeding out of badly run mutual funds from well-run mutual funds”....
...The IPL is now valued at nearly $7bn, according to Duff and Phelps, and has spawned copycat leagues around the world....
...said Mr Chouksey. “If it aligns with their philosophy, the partnership can help them achieve their personal vision, which happened in our case. We didn’t approach him, he just called us.”...
...At this point the FCA told Link it needed to have the relationship with Duff & Phelps rather than Woodford IM....
...’re buying [into private equity] at a point when entry multiples are so high, it creates a challenge for you in figuring out ways of creating new value,” says Ryan McNelley, managing director of Duff & Phelps...
...Mr O’Bree says many of these roles have been created at consultancies such as Bovill or Duff & Phelps, rather than in-house at asset managers....
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