Hints and tips:
Related Special Reports
...Some staff accused managers of using messaging that lacked transparency, saying they were told that jobs were not “currently” at risk before the cuts were announced....
...“Glencore’s share price has underperformed its peers,” Ben Cleary, portfolio manager of Tribeca Global Natural Resources, wrote in the letter....
...“By Jordanian standards, it’s a big move,” said Edwin Gutierrez, head of emerging market sovereign debt at fund manager Abrdn....
...US asset manager Vanguard will sell a unit that manages investments for not-for-profit organisations and other institutional investors to Mercer....
...L&G’s balance sheet investment unit was flat after a tougher second half for the property market, and its asset manager, Legal & General Investment Management, posted an expected fall in profit as higher...
...In Medellín, Colombia’s second city and an opposition stronghold, former mayor Federico Gutiérrez replaced a Petro ally....
...When a “polar vortex” hit Texas in 2021, the commodities unit — which piped fuel into the state as wholesale prices surged — generated an enormous profit....
...On Thursday, Bayer also announced the early departure of the head of its consumer health unit, Heiko Schipper, who will be replaced by Julio Triana, a senior manager in the group’s pharma division....
...We don’t run hedge funds within our . . . in our unit....
...But the US remains a huge part of the unit’s income and costs. It has the highest cost/income ratio in the bank, at 89 per cent as of September....
...BlackRock, the world’s largest money manager, and Jio Financial Services each plan to invest up to $150mn in the 50-50 venture....
...While its Nigerian unit was hit, the telecoms company reported a 45 per cent increase in data traffic, and a 49 per cent jump in mobile money transactions....
...Australian asset manager Macquarie has warned that its profit for the year will be “substantially lower” as deal flows dropped to levels not seen in a decade....
...However, it pulled out after hedge fund manager Chris Hohn, whose fund TCI is one of the plane maker’s largest shareholders, objected to the plan....
...Founded in 2002, aosphere is an online legal services provider that offers risk management and data products to clients including banks and asset managers....
...Nearly half came from its Athene insurance unit....
...“There isn’t much visibility in the financial situation of its parent, which leaves doubts about the healthiness of related transactions between them,” said a China-focused manager at a UK-based hedge fund...
...Ben Whitmore, the current manager of the Jupiter UK Special Situations Fund (AUM £2.1bn), Jupiter Income Trust (AUM £1.6bn), Jupiter Global Value Unit Trust (AUM £1.0bn) and Jupiter Global Value SICAV (AUM...
...“We do think it is repeatable,” said Johan Meyer, Fondul’s portfolio manager and chief executive of Franklin Templeton’s Bucharest unit....
...York by managers who directly report to Citi chief executive Jane Fraser....
...Acquiring high-performance chips has become an “arduous task”, said one manager. ByteDance declined to comment. Tencent and Alibaba Cloud did not respond to requests for comment....
...Founded as a unit of Lehman Brothers in 1995, GLG was eventually spun out independently in 2000....
...This will cut the costs of unit trusts and open ended investment companies when they reach a certain size, knocking an extra 1.5 to 2.0 basis points off fee margins....
...Dell has had success backing money managers before. In 2016, his family office invested in Owl Rock Capital....
...Bestinvest analysed UK domiciled and regulated open-ended investment companies (OEICs) and unit trusts. Both mostly invest in equities and are open to retail investors....
International Edition