Hints and tips:
...The new company, later named Apollo Global Management, after the sun god, was led by Black and five other former Drexel executives....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...“It’s pretty extraordinary that with this amount of distress you haven’t seen more failures in asset management companies.”...
...Our current FY21E estimates effectively assume flat admissions versus FY19 (which were 14% below FY18 in the USA)....
...A 2009 Supreme Court case involving prescription drug labels, Wyeth v Levine, greenlighted state laws that are stricter than federal laws....
...Point72 Asset Management, the successor to the billionaire investor’s hedge fund SAC Capital, has bought 6.66m shares, according to a filing with the Securities and Exchange Commission....
...Drag on consumption from inflation, household debt and rising tax payments....
...Yet on Tuesday the Australian law firm Slater & Gordon disclosed a £12m payment late last year related to the purchases of cases from the legal business, money that flattered the cash position....
...It also found that large banks were planning to push deeper into collateral management services to help customers more efficiently use assets to meet regulation....
...The hedge fund grew from $870m in 2003 to manage assets of $32bn (£19.6bn) by 2011 – eclipsing its nearest rival, Soros Fund Management....
...Lina Saigol, The Real Deal: Delayed payments bring bigger rewards Buy now, pay later....
...The Securities and Exchange Commission is probing whether Amaranth misled investors regarding its risk management and trading policies....
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