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...It’s moving into the customisation phase which would spread some of this [trading] out,” Armour said....
...Under Armour was down 12.5 per cent after it announced on Wednesday evening its executive chair and founder Kevin Plank would return as chief executive, replacing Stephanie Linnartz....
...“JPMorgan customers own 80 per cent of those assets, so it likely stemmed from a shift in their internal portfolios,” Armour said....
...Rishi Sunak and the front bench might occasionally like to wear suits of armour to Prime Minister’s Question Time, but a 1313 statute, introduced by King Edward II, forbids anyone to wear armour in parliament...
...In response, Armour said, State Street dropped its fee to 5 bps and then Schwab slashed its fee to 3 bps in late September....
...If anyone needs to don a suit of psychological armour and an emotional hard-hat just to go to work, the fault lies with the workplace, not the worker....
...White Wolf Capital Advisors had $570mn in assets under management as of December 31, a regulatory filing shows....
Plus, the private equity windfall stemming from Viking’s IPO
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
...The probes fall under the Digital Markets Act, which is designed to tackle the dominance of so-called digital gatekeepers — the biggest online platforms — and came into effect earlier this month....
...Apple said it had removed Meta mobile communications applications WhatsApp and Threads from its online store in China under direction from the country’s internet regulator....
...Leveraged ETFs have a negative combined rate of return over the past decade, Armour said....
...“be everything to everyone”, Vanguard’s ETF suite “takes a different take” by focusing only on stocks and bonds while leveraging the group’s reputation for low-cost, broad-based strategies, said Bryan Armour...
...“Buy what you know” was a keystone of his investing philosophy — one that earned the Fidelity Magellan fund a benchmark-beating 29 per cent annualised return under his 13-year stewardship....
...Another factor driving the growth of ETFs is the active ETF boom, said Bryan Armour, director of passive strategies research for North America at Morningstar Research Services....
...Under boss Jeff Harmening, General Mills has been looking to filter out underperforming assets. But hoisting the “for sale” sign may be the easy part....
...However, the platforms have come under fire for allowing users to be flooded with low-quality AI-generated spam content....
...Which brings us, neatly, to the question of what if anything Berkshire — whether under Buffett or its next generation of leaders — can do to present a distinctive value proposition to investors in the future...
...Earlier this year, Khan came under fire after the US developer behind a Las Vegas-style Sphere in London’s former Olympic Park withdrew its plans following the mayor’s decision to block the music venue....
...The Israeli military said it had taken “operational control” of the Palestinian side of the Rafah crossing, at Gaza’s southernmost point, with armour and infantry backed by heavy air strikes....
...Bloomsbury’s shares are up 22 per cent in the past year, though the stock trades on a forward price-to-earnings multiple of under 12 times, below pre-pandemic levels....
...The company on Saturday disclosed it had sold just under $20bn worth of stocks in the first three months of the year, buying $2.7bn over the same period....
...Sotheby’s also saw a surge in the number of bidders under 40 during this time....
...Under a challenge filed in the UK this month, Uber is facing a multimillion-pound lawsuit from more than 10,000 black cab drivers in London....
...Under the proposed deal — which must be approved by a judge — these fees will be reduced by at least 0.04 percentage points for a minimum of three years and capped for five years....
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