Hints and tips:
...BlackRock, the $9.1tn New York-based asset manager, has been a frequent target of the anti-ESG efforts....
...“What worries me is even as unemployment creeps up, wage growth is continuing at a pace inconsistent with low inflation,” said Gordon Shannon, a portfolio manager at TwentyFour Asset Management....
...“The bond vigilantes are back,” says Gordon Shannon, a fund manager at TwentyFour Asset Management. “If governments have a plan, they need to think about market reactions.”...
...Dealmaking in an age of uncertainty Activity picked up this week. Unsurprisingly, it had a defensive flavour....
...[MUSIC PLAYING] Sebastian Payne Payne’s politics was presented by me, Sebastian Payne, and produced by Anna Dedhar and Howie Shannon. The sound engineers were Breen Turner and Jan Sigsworth....
...We will get a better picture of the relative recovery of big economies around the world with the publication of the IHS Markit purchasing managers’ surveys on Monday....
...Ashmore, the emerging markets fund manager, posted a 28 per cent improvement in annual earnings....
...When sages speak The FT’s mega scoop on China’s testing of a hypersonic missile has generated reams of analysis....
...Software maker Sage said in a trading update for the nine months to June that full-year recurring revenue will be slightly above its previous guidance....
...The company reported a “significant improvement in trading in the second half” as a result of a return in client confidence and trading activity, which had been deferred from 2020....
...The decision hands the City a much-needed win over New York and Amsterdam at a time of feverish activity in new tech listings....
...Many in markets agree with the Sage of Omaha’s judgment — and for good reason....
...Errolson Hugh, a sage when it comes to contemporary outerwear, who founded Berlin-based technical clothing brand ACRONYM and collaborates frequently with Nike, sees the category’s present ubiquity as the...
...“Little, if any, market activity” First, a note on our methodology....
...“Everyone is on the frontline,” says Steve Turpie, regional general manager at DXC Technology....
...While the government had not yet succeeded in imposing oversight over companies’ ESG activities, “unfortunately, that is not the case for large, institutional fund managers”....
...Working with a large and sophisticated fund manager, we have used cutting-edge wearable tech that permits portfolio managers to track their cardiovascular data, physical activity and sleep....
...This development has been greeted with excitement and led to a flurry of activity....
...“We are concerned with the large funding that Postmates, DoorDash and Didi are using to compete aggressively in Uber’s most attractive markets,” says Walter Price, a tech investment manager at Allianz....
...The companies were in a range of sectors, including science and technical activities, retail, social care, recruitment and services....
...Summer activities this year included plug-wiring....
...For those that remain, such as Sage, Micro Focus and Aveva, their future as listed businesses is also uncertain....
...In other deals-related activity, Beijing-based private equity firm Primavera Capital Group has raised $3.4bn for what is the second-largest China-focused fund raised by a local manager....
...Uber ended the second quarter with $7.3bn in cash and reported negative cash flow of $163m from operating activities during the quarter....
...Smart data The US-China trade war and cooling economic activity have hit M&A activity in China in the first half of this year, according to Refinitiv, the data provider....
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