Hints and tips:
...Holdings of UK-listed companies by British pension and insurance funds have plunged from about half of their portfolios to 4 per cent over the past two decades, according to data from Ondra....
...Bridgewater Associates and Renaissance Technologies, both considered among the best hedge funds in the world, suffered steep losses....
...Associates from the time remember him as a fun boss who led a tight-knit group of employees....
...His title was associate, one of the lowest ranks in banking, but his colleagues gave him the unofficial status of “managing associate”, one former banker recalls, after noticing that he often provided answers...
...He is also encouraged by a “V-shaped” recovery in Asia, its largest market, and less dire forecasts for UK consumers....
...Ethan Ilzetzki, associate professor at the LSE: The UK economy will begin its recovery in 2021 but will not return to its pre-pandemic level of GDP until 2022....
...Mr Druley’s route to Cambridge Associates was idiosyncratic....
...Bankers’ early optimism that the pandemic would manifest as a sharp economic shock followed by an equally rapid recovery — the ubiquitous “V-shaped” recession — has given way to pessimism....
...More importantly, this is likely one of the few areas in the portfolio with any investment market liquidity currently....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...LumRisk, which provides risk analysis to institutional investors who hold large portfolios, recently received SFr7.5m funding from unidentified investors....
...However, the England v France game was cancelled due to Typhoon Hagibis, the most powerful storm to hit the country in decades....
...A survey of 30 chief investment officers, analysts and fund managers was conducted by Greenwich Associates, the consulting company, and Thomson Reuters....
...A danger of releasing some of the pressure that has held down borrowing costs is that tighter monetary policy chokes off economic recovery....
...The brother traded on the information and also tipped off Salman, who with an associate earned roughly $1.7m in profits....
...The brother traded on the intelligence and tipped Salman, who with an associate reaped roughly $1.7m in profits....
...But that process has come under attack from one of the world's most aggressive activist funds: Elliott Associates....
...The US government has since taken control of more than $480m that he and his associates had placed in bank accounts in Jersey, France and the UK....
...Given that loans are usually sold at a large discount, this means a portfolio of loans with a face value of more than £20bn, according to Jonathan Hunt, corporate finance associate director in KPMG’s Portfolio...
...As pension funds embraced the use of cheap index funds over the last decade, such advantages were pitched as a way for hedge funds to improve portfolios....
...Betting on a US recovery – as Mr Paulson’s aptly named Recovery Fund does – has been one of the most profitable trades around. And not just for Mr Paulson....
...Blackstone has amassed the largest portfolio in the sector with 28,000 homes, having spent $1.8bn on its Invitation Homes unit....
...US fund Harris Associates could not be reached for comment....
...Masterpieces of Chinese Painting: 700-1900, edited by Zhang Hongxing, V&A Publishing, RRP£40/$60 The world’s oldest painting tradition explored in the glorious catalogue to the V&A’s current, once-in-a-lifetime...
..., making it difficult to participate in the recovery.”...
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