Hints and tips:
...Additional reporting by Owen Walker and Ian Smith in London...
...Additional reporting by Ian Smith and Cynthia O’Murchu in London...
...Additional reporting by Robert Smith in London and Kana Inagaki in Tokyo...
...A month later the New York-based firm said it had acquired private credit firm Iron Park, a business set up by Tripp Smith, a former Blackstone credit executive....
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...“Balance sheets are an Aladdin’s cave of excess assets — it’s open season for activism and the mandarins are finally, unequivocally on board,” said Smith, referring to the rising levels of official support...
...The 62-year-old Australian, whose audacious poaching of more than 20 senior executives from asset manager Barings last month has already sparked litigation, spent 20 years running a property business that...
...And DS Smith isn’t alone....
...Canada’s Brookfield Asset Management also studied a bid but decided not to move forward, said two people briefed on the matter....
...Menopause has risen up employers’ agenda as acceptance grows that once-private issues, such as mental health, have an impact on working life....
...Terry Smith, the founder of Fundsmith who is considered one of the UK’s best-known fund managers, was paid £31mn last year, despite his biggest fund underperforming its benchmark for much of the past three...
...Such a move would lower the threshold of acceptance for a deal to 50.1 per cent....
...These include so-called net asset value financing, which involves a buyout firm borrowing against a portfolio of assets....
...The arrival of superstar footballer Cristiano Ronaldo, whose Saudi club plays in Tehran this evening, has provided moments of excitement and humour, though his visit has not been with universal acceptance...
...Despite a recent rally, government bond prices have dropped hard on both sides of the Atlantic this year, in part reflecting a growing acceptance that interest rates will need to stay high for the long haul...
...“The main takeaway is that the tightening cycle is coming to an end,” said Seema Shah, chief global strategist at Principal Asset Management, referring to the series of interest rate rises by the European...
...FT Live event: Future of Asset Management Asia The Future of Asset Management Asia is taking place for the first time in-person on 11 May at the Westin Singapore and will bring together Asia’s leading asset...
...Durban had also grown close to Qualtrics founder and chair Ryan Smith and its chief executive Zig Serafin, who will continue to run the company....
...Some economists point to the slow societal acceptance of the idea of permanently rising prices, while others debate how accurately official economic data reflects the real-world picture....
...Last year, General Atlantic bought Tripp Smith’s credit firm Iron Park as it decided to push into debt-based investments....
...Icahn said the fight with the EU could take many years and that the only path forward is for Illumina to divest the asset. “Illumina is stuck in quicksand — the EU has them,” he added....
...Silver Lake is one of the largest buyout groups globally with $92bn in assets and a focus on investing in technology-enabled companies....
...DD’s Rob Smith and Sujeet Indap explain why two US hedge funds are betting on this slightly ridiculous scenario playing out at Credit Suisse....
...Waters has revealed a short position against a €4bn European property company, accusing its top shareholders of using “bond sale proceeds to unduly enrich themselves” and inflating the true value of their assets...
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