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...“Scott’s decision to make this move after two decades of successful partnership is based largely on geography,” the letter said....
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...Rents earned by the funds from making private direct loans accrue to the general partners, not the limited partners....
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...The link, expected to launch some time this year, will initially be limited to equities ETFs, meaning many of the city-state’s largest ETFs, which are fixed income and real estate investment trust-focused...
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...As a result, he has limited facial expressions and movement and notably can no longer smile....
...And the much trumpeted partnership quietly folded up its tent last year....
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...Investment banks, hamstrung by new regulations like the 2010 Dodd Frank Act, were curtailed from holding risky assets such as low-rated debts, which has limited their ability to finance many deals....
...“Yes, it allowed us to explore Paris instead — there’s a lot of close synergy with the francophone world.”...
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...Nasa acknowledged the GAO’s decision, saying it would allow the agency to forge ahead with the SpaceX partnership....
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...Aiyengar said that “there needs to be a level of comfort with each other’s credit books, related marks and the ability to accurately quantify and articulate synergies and dis-synergies”....
...Investors receive an economic interest in the company but, crucially, their rights are limited. That is, they have very little power to influence the direction of the business....
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