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...Sotheby’s accounts also showed that it paid out more than $26mn to Drahi’s main Luxembourg investment vehicle in 2021 and 2022 for “strategic advisory and other executive-level services”....
...DBRS’s report also contains this wonderful description of Sotheby’s Financial Services’ collection strategy if any deadbeat art collectors fall behind on their payments: SFS employs a strategy for collections...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. CPI: stuck If three data points make a trend, then US inflation looks stuck at 3 per cent....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com Apple the formerly magnificent Only five of the Magnificent 7 tech stocks are performing magnificently in 2024....
...Instead, only about 5,600 patients had been approved for treatment by early April, according to a registry by the Centers for Medicare & Medicaid Services shared with the Financial Times....
...Public relations group Brunswick has turned to an outsider to fuel its international growth, hiring the chief of New York’s Lincoln Center for the Performing Arts as its next boss....
...Email us your chocolate alternatives: robert.armstrong@ft.com and ethan.wu@ft.com....
...local car services....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Is Uber’s buyback a good idea? Yesterday Uber announced a $7bn buyback authorisation as part of a larger investor update....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Increasing returns I used to think competition was a stronger economic force than it really is....
...Pilot, which also operates the Flying J brand, sells fuel, food and merchandise to truckers and provides showers among other services....
...If you’ve got a candidate, email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...targeted for periodic protests by climate activists who say it has not done enough to promote decarbonisation.In 2022, the asset manager set up personal security plans for Fink and BlackRock president Robert...
...A&M has significantly expanded its international operations in recent years, including in the Middle East, competing with global advisory firms such as the Big Four professional services groups....
...Hedge funds and asset managers can buy those instruments, and trade them in Macau — a place better known for casinos than financial services....
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
...But feel free to email us anytime: robert.armstrong@ft.com and ethan.wu@ft.com. Past performance, future results, and all that So here’s a bad idea....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...If you know, enlighten us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Let us know who you would like to hear from on future Fridays: robert.armstrong@ft.com and ethan.wu@ft.com....
...“We are truly in an unmoored environment for government debt compared with previous centuries,” said Robert Tipp, head of global bonds at PGIM Fixed Income....
...Messages recovered by Robert Shrimsley...
...This matter was reviewed by executive management and in discussion with the Board it was decided to appoint an external professional services firm (Big Four Accounting Firm) to assist in performing a number...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. How thick is private credit’s equity cushion?...
...Why has communication services outperformed? Because the sector is weighted massively to Alphabet, which has done well, for reasons that are not totally clear to us....
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