Hints and tips:
...“Inflation’s definitely coming down now but we’re not heading to 2 per cent quickly, we’re heading to 3 per cent,” he said....
...Artemis, whose other holdings include a controlling stake in luxury group Kering and auction house Christie’s, is planning to invest $2.8bn of its own money and have CAA borrow $425mn in loans, according...
...Jane Street estimated fourth quarter Ebitda in the $2.2 billion to $2.7 billion range, which would put the full-year figure around $7.1 billion to $7.6 billion, less than the year prior....
...FWIW: PaLM is currently predicting a slower reversion to the Federal Reserve’s 2 per cent inflation target than professional human forecasters . . ....
...sacks entire trading teams, and charges a fixed 2.5 per cent management fee and takes 35 per cent of profits thrown off by its Composite fund....
...But here is the oldest — and almost certainly the oldest living bond in the world: a 2.5 per cent bond issued in 1624 to Elsken/Ellsjen Jorisdochter in return for 1,200 guilders to repair a burst dike....
...With our emphases: As I’ve said previously, private credit, these are 2 words that actually mean nothing. Private credit can be investment grade, private credit can be CCC....
...that they are simple and mechanistic: you look at the long-term average returns and valuations multiples of various asset classes, take what they’re trading at now and adjust for that, and then subtract a 2...
...Overall, the digital ads market will grow 9.2 per cent this year to $617bn, according to GroupM, the media agency....
...— In 2022, Fintech Holdings Ltd. acquired a troubled Puerto Rico bank, renaming it Hamilton International Reserve Bank LLC (“HIRB”)....
...Guggenheim shocked the baseball world by paying a then-record $2.15bn sum for a Major League franchise....
...Additions are usually growth stocks, trading at premium multiples and with impressive momentum, whereas most deletions — unless occurring because of a merger or acquisition — have the opposite characteristics. 2...
...Elliott’s fight ended in a $2.4bn settlement in 2016, but Argentina is in even worse shape now, ahead of elections in October....
...Andreas Halvorsen’s Viking lost only 2.5 per cent in its main hedge fund — respectable given the equity market turbulence....
...The FT’s Robin Wigglesworth chronicles their evolution....
...Europe’s elaborate finreg torture-fest Mifid 2 has ironically made it even worse....
...Invest’s Hall-of-Fame capital incineration doesn’t seem to have put off investors — the flagship ETF kept attracting masochists punters this year in spite of a 61 per cent drawdown — so it might be the 2.74...
...Read more on the diverging European and US economies. 2....
...In lieu of the typical 2 per cent annual management fee many simply pass every single expense — whether rents, Bloomberg terminals, server costs, salaries, bonuses and even client entertainment — on to their...
...Thus, it can become a real problem when it comes to Mandate #2. This is a point that some other prominent trend-followers have made in the past....
...In the communications sector, the video entertainment companies (Warner Bros Discovery, Paramount, Disney, Netflix et al) explain the bulk of the outperformance....
...I recommend the top of the range, the four-hour personalised ride, guided by Sandro Bernardini, a star whom Warner Bros has yet to discover....
...For HY, investors are paid 2.5x and 2.8x more to own EM HY vs U.S. HY and EUR HY, respectively....
...Additional reporting by Robin Wigglesworth and George Steer laurence.fletcher@ft.com...
...A reminder that the Nasdaq Composite actually ended May up nearly 2 per cent, after a startling late-month bounce (and is “only” down 21.3 per cent this year)....
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