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...Los Angeles-based Capital is best known for an unusual investing philosophy that has attracted $2.2tn in assets under management....
...The findings are in stark contrast to the more often quoted ratio of assets under management....
...“Decades later, a V-neck sweater worn with a white round-neck T-shirt underneath is still one of my favourite looks. It’s clean, uncomplicated and blissfully under-thought.”...
...But under rules introduced last year, water utilities with bad financial records are forbidden from paying dividends, even if shareholders aren’t putting cash in their pocket....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...White Wolf Capital Advisors had $570mn in assets under management as of December 31, a regulatory filing shows....
...“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...
...Leveraged ETFs have a negative combined rate of return over the past decade, Armour said....
...Walkers also contend that the products should be zero-rated under the principle of fiscal neutrality....
...That looks expensive when compared with Under Armour’s 15 times multiple, although not when compared with the 80 times on which Lululemon traded during the pandemic....
...that best serve athletes moving forward and to ensure the best [return on investment] for Under Armour”....
...The game is available to play for free, but players can use its in-game currency, V-Bucks, to buy virtual items, from outfits to accessories and weapons, to personalise their characters....
...It now has $403bn in cash assets under management, including $211bn in money market funds....
...“The way we manage our business is the way we invest,” says Armour. “Sometimes it may seem a little boring or staid, but it’s like the tortoise and the hare....
...The Korean Wave opens September 24, V&A ‘Make, Break, Remix: The Rise of K-Style’ by Fiona Bae, (Thames & Hudson), will be published in the UK & Ireland on 22 September 2022...
...The estimate for last year was under 800,000, less than a third of the peak....
...It has flown under the radar while developing an expertise in small robotic aviation systems. “We’re like this quiet, nerdy group of misfits — we’re awkward,” said Nawabi....
...At 30 times forward earnings, Nike still commands a punchy valuation, at a premium to rivals Adidas and Under Armour....
...Is their return permitted, under existing rules? Is it ethical? I’m glad to say it’s the UK Treasury and culture ministry who are wrestling with this problem....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...This included its cut from App Store purchases, which came under fire again on Thursday....
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...Players of Fortnite, developed by Epic, were able to purchase an in-game currency known as “V-bucks” online, but these credits would not show up when playing on the iPhone....
...But it is also one dominated by the likes of Nike, Lululemon and Under Armour....
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