Hints and tips:
...Latham & Watkins has hired Seth Gottlieb and Alex Kassai as partners in its emerging companies and growth team. They join from Cooley....
...jennifer.hughes@ft.com...
...Critics of bundled research have long argued that it forces fund managers to pay for services they do not want....
...What Goldman didn’t tell buyers of that CDO was that hedge fund manager John Paulson had helped select the subprime mortgages that it was based on....
...Morgan Stanley veteran Seth Bergstein has joined Evercore’s technology investment banking business as a senior managing director, based in New York....
...manager specialising in hydrogen investments....
...Asked about sponsorship talks before the race, manager Richard Plugge said only that the team was in discussions with several possibilities....
...Fresh off their Unhedged debuts in April, the FT’s Jennifer Hughes and Kate Duguid will return in the coming days....
...In October Seth Bernstein, chief executive of AllianceBernstein, called direct indexing a “real opportunity” that will continue to grow....
...at the asset manager....
...Asset managers that own forests logged for timber are expecting a jump in returns through a boom in the sale of units linked to the carbon stored in trees that are used to meet climate change targets....
...Linklaters has hired three partners from Vinson & Elkins for its leveraged finance practice in London: Noel Hughes, Giacomo Reali and Christianne Williams....
...In a statement to Moral Money, RWE said it was already phasing out coal and would close another six lignite units by the end of 2022....
...The Howard Hughes Corporation, which he chairs, bought a parking lot in the South Street Seaport’s historical district for $180m in 2018....
...Here’s why: Spacs have a sweetener, called a warrant, that comes as part of the “unit” purchased by investors....
...Here’s how it works: hedge funds are allocated shares in the Spac prior to its listing at $10 a unit....
...Earlier this year, US prosecutors charged Javier Aguilar, a former Vitol manager, with bribery offences relating to Ecuador. He has denied the charges....
...“There has been some mixed results for asset managers with some seeing hugely positive inflows while others have had a tougher time,” said Ryan Hughes, head of active portfolios at investment platform AJ...
...Ryan Hughes, head of active portfolios at AJ Bell, said that he expected many investors would try and sell out of the funds to avoid being caught by the rule changes....
...This is where Seth Klarman, the founder of the hedge fund Baupost Group, thinks investors are....
...stake within 3 years to bolster balance sheet (FT) China Three Gorges mulls $4bn stake sale in overseas unit (BBG) Santander slumps to €11bn loss after writedowns (FT) GE to sell Baker Hughes stake within...
...Among the assets held in the Kames fund are a number of high street retail outlets, warehouses, office buildings and industrial units....
...“No update means little progress,” said Mr Hughes. “We are many months away from having this whole fund wound up.” How will refunds be paid?...
...Guy Simon will join the firm’s London office as an investment manager....
...Ryan Hughes, head of active portfolios at investment platform AJ Bell, says that M&G’s listing is an opportunity for the company to slim down its fund range and focus on the products where it has an edge...
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