Hints and tips:
...On spotting John McCaw in the lobby of the George V hotel in Paris, Donald Pels cracked a smile....
...The report says that the remuneration rules will apply to “all employees at fund or sub-fund level who are decision takers, fund managers and persons who take real investment decisions”....
...The “taker” fee will be reduced from 0.3 basis points to zero, while the “maker” rebate will be unchanged at 0.2 basis points....
...Aside from Citi, Kingdom owns some serious assets – stakes in companies like Apple, Pepsico, Proctor & Gamble, News Corporation – as well as genuine trophy assets like the Hotel George V in Paris....
...Takers so far include investors from the US, the UK, Mexico and Hong Kong. “Up until recently, you wouldn’t be seen dead sharing a yacht … Now the game is: ‘How can I cut costs?’,” says Hare....
International Edition