Hints and tips:
Related Special Reports
...“It’s irrelevant if one of those companies is good at testing well water.”...
...I am not willing to still pay the same multiple,’” said Todd Miller, global co-head of private capital advisory at Jefferies, referring to a company’s price in relation to its earnings....
...The vast majority of work that we do in China is for multinational companies. Many of those are US companies and private sector Chinese companies.”...
...Suggesting no one has been to the office, a building management notice posted during the summer asks tenants to close windows because of seasonal high winds....
...US blue-chip management consultancies have also offered staff paid leave or delayed start dates for new hires, leaving them operating with a skeleton staff of overloaded consultants....
Stephen Gilmore’s appointment ends a seven-month vacancy at the largest US public pension plan
...The IPO bonanza that enabled hundreds of Chinese companies to go public in New York ended abruptly in 2022, when Beijing undertook data security reviews of companies seeking overseas listings....
...Slow, steady and humdrum is having its day in the sun. sujeet.indap@ft.com...
...Some businesses continued to struggle, including the wealth management division....
...The idea, however, did not catch on until 2021 when Beijing’s crackdown on private groups, led by Jack Ma’s Ant Group, led to a rout in US-listed Chinese tech companies....
...while Two Sigma China almost doubled its assets over the same period, according to people close to the companies....
...He said the South American country had benefited from the easing of US sanctions on its oil industry in October and the entry of US companies such as Chevron....
Retirement systems allow more borrowing and derivatives as private holdings strain cash flows
Two of the biggest US pension funds are now seeking CIOs following departure of Calpers’ Musicco
...The company said “internal management ran wild” as a result of these departures. “The group’s investment products have defaulted one after the other, and we deeply apologise to investors,” it said....
...The bank’s plan to expand in China comes as Citi undergoes its largest restructuring in more than a decade, a big part of which is to reorganise its management around the lines of business rather than geographic...
...Goldman Sachs’ Petershill Partners, which owns minority stakes in alternative asset companies, has bought a stake of more than 20 per cent in private credit specialist Kennedy Lewis Investment Management...
...With additional reporting by Cheng Leng in Hong Kong, Ryan McMorrow in Beijing and Sun Yu in New York...
...in 2021 for letting the company’s management “run out of control”....
...really pushing it through companies.”...
...The European Union plans to hit Apple with a €500mn fine over music streaming, German companies make record investments in the US, and emerging market investors switch to ETFs that exclude China....
...These include electric vehicle supply chains, manufacturing, strategic mining companies and a group of smaller cross-border ecommerce companies that are copying the model of Shein, which was privately valued...
...But, more recently, a political backlash and corporate belt-tightening, particularly in the US, have prompted a reassessment. Some companies already have cut their diversity budgets or teams....
...“We’re only paying for a very dark outlook so if some sun turns up: cool!” he said....
...Here comes the sun, and I say ‘it’s alright’ Smaller companies are often seen as a bit of a murky area, with less liquid securities and sparser analysis....
International Edition