Hints and tips:
Related Special Reports
...Retired US partners of Grant Thornton have stepped up their fight for a bigger share of the proceeds from the sale of the accounting firm, hiring lawyers to challenge management over the terms of the deal...
...Last month UBS agreed to sell an additional $8bn of loans to Atlas SP as part of a renegotiation of the deal that also scrapped an associated investment management arrangement....
...He is already proving a valuable addition to the Board and management teams.”...
...After a fractious call with Grant Thornton’s management last week, retirees said the sum they were offered was unfairly low, in some cases coming up short by $1mn or more....
...Goldman Sachs’ global treasurer, Philip Berlinski, is leaving the bank after 24 years for New York-based hedge fund Millennium Management, according to two people familiar with the situation....
...Barings told the FT that while some of its funds had paused making investments, it “remains open for business and able to invest” through other vehicles such as its US-listed entity....
...Last year it capped investments in its flagship vehicle and cut about 8 per cent of its workforce in a shake-up after its founder Ray Dalio ceded control of the firm....
...Cannae is the vehicle of Bill Foley, the multi-billionaire who made his fortune in a series of financial technology and financial services companies....
...The last time Tiger raised a similarly sized fund was its 10th vehicle in 2015, which totalled $2.5bn. Since then the firm has raised a series of larger funds....
...A judge in Manhattan on Friday declined to issue a temporary restraining order against Millennium Management after Jane Street demanded the hedge fund stop using a secretive international options scheme...
...There’s a private credit boom going on, and underworked, bonus-anxious investment bankers and their asset management colleagues are ON IT....
...There was, however, only one person being tried: Mohammed Ali Rashid, a former senior partner at Apollo Global Management....
...Jane Street is suing Millennium Management and two former employees for allegedly stealing trade secrets in a rare public spat between two big Wall Street investment firms....
...Founded in 2013, the Cambridge-based group provides artificial intelligence-based cyber security services designed to protect companies against the threat of cloud attacks, which companies are increasingly...
...Liability management draws in Miami crowds The sun was shining, the ocean beckoning....
...Instead of an annual management fee, the manager passes all costs to its end investors, covering costs such as office rents, technology and data, salaries, bonuses and client entertainment....
...world’s largest markets for vehicles....
...MainFT: The Jersey Financial Services Commission revealed on Wednesday that it had not yet received any application for authorisation from Woodford for a new, Jersey-based investment management company,...
...It “provides a significantly better data point around management’s commitment to deliver cost savings over the next few years”, Erickson added....
...As a result, its assets under management have nosedived from a peak of $226bn in 2018 to $98bn....
...Tata Motors is the top-selling EV brand in India’s small market for battery-powered vehicles, followed by Chinese-owned MG Motor and Indian brand Mahindra....
...BYD’s “grand” ambition, he adds, is to integrate its products within a city’s “entire” transportation and data management systems....
...The deal also included an agreement where Atlas would provide investment management services to some of the assets Credit Suisse retained....
...Hiroshi Lockheimer, head of Android, will be moved to work on other products and is replaced by Sameer Samat, vice-president of product management for Android and Google Play....
...Unlike other big Hollywood studios, Sony management decided not to pour billions into building its own streaming service to compete with Netflix....
International Edition