Hints and tips:
...Access to the skill of the firm’s “star fund managers” was “like having Lionel Messi or something on your football team”, Mather said....
...The implosion of Greensill forced Credit Suisse to close a $10bn suite of investment funds, while the bank suffered a $5.5bn trading loss when Archegos crashed....
...The wealth fund and the shareholder advisers are reluctant to absolve the lender’s board of failings around the collapse of supply chain finance firm Greensill and Archegos Capital, the family office whose...
...protections on funds applied....
...Power Points Retail investors are powering into uranium-linked funds. China’s battery plant rush has raised fears of a global squeeze....
...The fund group has previously said it wants people to serve on no more than four company boards. BlackRock declined to comment....
...Lucy FisherYou heard there the newly elected Kier Mather for Labour, Sarah Dyke for the Lib Dems and Steve Tuckwell for the Tories....
...Among the highest-profile was the implosion of Greensill Capital in March 2021, which forced the bank to shut $10bn of funds tied to the supply chain group....
...“The level of investment required in emerging markets will only be achieved if we can increase ambition and work with other investors,” said Clive Mather, chair of the board....
...David Mathers, the bank’s chief financial officer, told reporters on Thursday that this had led to a $300m loss in revenues....
...He made his fortune by plucking WPP, what began as a maker of wire shopping carts, out of obscurity and into the world’s largest media group by making key acquisitions including Ogilvy & Mather, GroupM and...
...Chief financial officer David Mathers said these were sacrifices it was willing to make to focus more squarely on wealth management, which had little overlap with the prime business....
...The TCC is overseeing a similar probe into the relationship with Greensill, which led to the liquidation of $10bn of investment funds....
...David Mathers, the bank’s chief financial officer, had earlier told journalists: “We intend, on behalf of our shareholders, to pursue all potential avenues for recovery.”...
...In October, Credit Suisse’s chief financial officer David Mathers had darkly hinted at restructuring charges to come with the bank’s portfolio of alternative investment managers....
...Mr Mathers, who has been an executive at the Swiss lender for a decade, added that he was “not assuming that equivalence will be granted” to the UK — ensuring at least partial access to the EU single market...
...John Stanton, chairman of the Major League Baseball team, said there was “no excuse” for Mather’s comments....
...SolGold said the financings will fund the completion of feasibility studies, regional exploration activities and company overheads for the next 18 months....
...Gamco Investors, a fund manager that owned 3 per cent of the existing shares, filed an objection, asking that its current shareholders receive some form of compensation for the dilution they would suffer...
...Investors would gain expanded access to markets with some of the highest growth potential, Mr Mather explained....
...Mario Gabelli, the majority owner of Gamco, should be viewed separately as founder and CEO of the New York-listed value focused investment manager....
...But if you look at pay as a share of revenue, Fink’s salary doesn’t seem as outrageous compared to his peers at WisdomTree, Gamco, and elsewhere....
...to remove fossil-fuel holdings from their investment funds....
...Scott Mather, chief investment officer of US core strategies at Pimco, the $1.9tn bond fund manager, said 2019 was “unique” because bond markets have done well across the board — from developed to emerging...
...MN, an administrator and asset manager for Dutch pension funds, and Allianz Global Investors, the €557bn asset manager, were among those which took the toughest stance on director re-elections in the US,...
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