Hints and tips:
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...DS: In my experience, it’s very difficult for very large corporations to change their compass....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...kadhim@ft.com / sid.v@ft.com...
...Scale is indeed a benefit in most industries but not historically in the hedge fund industry....
...Please be v careful.” The minister tweeted that Google, the search engine, “can no longer be trusted as they don’t vet their advertisers”....
...But its “global macro” Compass fund has fared worse and is down 13 per cent as of Friday, while its Absolute Return fund has lost 3 per cent....
...and bailouts for industries including the US aviation sector....
...Compass also said it had secured waivers on net debt covenant tests due September 2020 and March 2021....
...The shares are trading on a c30% EV/EBITDA 20e discount to Compass. Stifel on Aveva? Sure, if we must....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...(CJR) Professional enablers Jahangir Hajiyev was convicted of looting millions of dollars from a bank in Azerbaijan....
...Months later, an arbitrator would conclude that Mr Dang’s account of his two-timing “reflected a lack of a moral compass”....
...Two Sigma’s $9bn Absolute Return fund returned 11 per cent, while its “global macro” Compass fund notched up a 14 per cent gain in 2018....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...The expansion has raised eyebrows in the industry....
...The biggest activist fight — Nelson Peltz v Procter & Gamble — was only recently settled, two months after a shareholder vote....
...The directors and one investment bank, Moelis, settled before a trial. But another bank, Royal Bank of Canada, contested the charges in court and winded up losing....
...Difficult second memoir syndrome, perhaps: but Smith conquers it in style, delivering reminiscences about writing, reading and married life with Fred “Sonic” Smith....
...Trilantic V North America is the company’s first fund after rising from the ashes of Lehman’s merchant banking unit four years ago....
...Dattaraj V. Salgaocar (V. M. Salgaocar Group) Harsh Pati Singhania (J.K. Organisation) Krishen Sud (Sivik Global Healthcare, Inc.)...
...Well actually it does The awfully inconvenient implication for the credit derivatives industry and regulators that have baked CDS into the rules, is: what is credit protection on banks worth now?...
...Cue financial industry representative saying that they will throw all their other toys out of the pram too this will impact the real economy as banks refuse to be banks and finance the businesses… Meanwhile...
...The result was the GRID Compass, which went into production in 1982....
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