Hints and tips:
Related Special Reports
...Grosvenor said funds for the lending business would come from “organic growth” and “strategic sales around the periphery of the [London] estate”....
...However, the government came under fire from the IMF again this week....
...Franklin reported $417mn in adjusted operating income for the last three months of 2023, down 18.5 per cent from the prior quarter and up 5.5 per cent from the year-earlier quarter....
...The $1.6tn fund’s chief executive told the FT it was “worrisome” that American companies were outpacing their European rivals on innovation and technology, leading to vast outperformance of US shares in...
...Its aim is to unlock “sticky” money in the actively managed fixed income space, explains Holly Framsted, head of global product strategy and development at the firm, which has long been known for its American...
...BHP has proposed buying rival Anglo American in a £31bn deal that provoked a backlash from the South African government and leading shareholders....
...Franklin estimated the Putnam deal would add $150mn in operating income annually after the deal closes in the fourth quarter....
...“Anglo American is a local mining story that goes back more than 100 years in South Africa,” said Zwelakhe Mnguni, chief investment officer of Johannesburg-based Benguela Global Fund Managers....
...In Washington last week, during the spring meetings of the World Bank and IMF, Duflo unveiled a new proposal to use targeted taxes on companies and the ultra-rich to fund climate-related assistance for low-income...
...Anglo American has sounded out potential buyers of De Beers including Gulf sovereign wealth funds, luxury houses and wealthy individuals in recent weeks, according to two people familiar with the matter....
...The writer is an FT contributing editor and executive director of American Compass The era of “the era of big government is over” may itself now be over....
...If central government could look beyond the end of theirs — ceding control to a set of local urban wealth funds — a high-income, housing-rich, net zero civic asset of huge potential could be unleashed....
...Ken Griffin, the multi-billionaire who moved his hedge fund Citadel to Miami in 2022, called the city, “a growing metropolis that embodies the American dream”....
...Government contingency plans for a potential nationalisation of Thames Water, which has become a focus for public anger over sewage pollution and mistrust of England’s privatised water system, emerged last...
...Governments could also use the proceeds to create trust funds for people in the bottom half of society, who typically own almost no wealth....
...Countries around the world are struggling to fund old age benefits as longevity increases, but the US has a particularly acute problem, as more than 4.1mn Americans retire annually — or a predicted 11,200...
...In 1694, for instance, the British government embraced the idea of central banking to fund war. In the 1940s, the launch of American “war bonds” helped to launch a retail market for Treasuries....
...Using a cash fund to pay income in the short term, say two to five years, could help too....
...) Amazon, YouTube vie for NBA streaming rights as league’s media talks heat up (WSJ) Europeans ‘less hard-working’ than Americans, says Norway oil fund boss (FT)...
...They used the equity markets to get income that you couldn’t get from fixed income. Now that rates are off zero, it makes sense to use fixed income again for risk management and income,” he added....
...Monetary Fund....
...Unlike government debt-focused money market funds, prime funds are able to hold short-dated commercial paper, including bank debt....
...That slaps a £506 tax bill on £2,000 of dividend income, calculates Interactive Investor, an investment platform. About 4.4mn individuals face an average loss of £155mn on government numbers....
...It booked net income of ¥166bn, compared with ¥93bn in its last financial year....
...However, proving that older investors have not entirely abandoned safer, income-based investing, two income funds feature in Hargreaves Lansdown’s top 10 ranking: Artemis Income and BNY Mellon Global Income...
International Edition