Hints and tips:
...CVC Capital Partners, known for its big bets on sport, last month gathered €26bn for the largest ever buyout fund, while TA Associates this year closed a $16.5bn fund....
...The iShares Agribusiness Ucits ETF (SPAG) took in €418mn, and iShares Digital Security Ucits ETF (SHLG) and L&G Cyber Security Ucits ETF (ISPY) both took in more than €200mn in Q1....
...US private equity group Fortress has increased its offer for the supermarket chain Wm Morrison to nearly £10bn, raising the stakes in a fierce battle for control of one of Britain’s biggest grocers....
...Rory Alexander, fund manager at M&G, said last week that £10.80 a share “would still fall short of our expectations on behalf of our customers”. M&G is a top 10 shareholder in the company....
...With the era of binge-watching and takeout fading, not even Snoop’s latest campaign to “get delivery like a G” seems to be luring customers back to their couches....
...CD&R has been rebuffed in its attempt to buy UK grocer, Wm Morrison, which recently rejected an initial offer from the private equity group....
...Very different examples from the first category include L&G Digital Payments UCITS ETF (DPAY) and Procure Space UCITS ETF (YODA)....
...That means ESG analysts may need to change their models for evaluating the company, said Driss Lembachar, senior associate, transportation and infrastructure research at Sustainalytics....
...That means it’s also larger than the UK drugmaker that most people associate with being the dominant local company in the market: GlaxoSmithKline....
...Others include Anne Richards at M&G Investments, which oversees assets of $288bn, Mary Callahan Erdoes, who runs JPMorgan Asset and Wealth Management, the $1.87tn fund house, and Abigail Johnson, the chief...
...Last year, by contrast, it obtained $1bn in financing from Deutsche Bank, Goldman Sachs, M&G, Sumitomo Mitsui Banking Corporation and HSBC....
...This has prompted several European asset managers, including Jupiter, M&G and Aberdeen, to decide to absorb the cost of research on the basis that this is simpler and fairer for clients....
...Parness was previously a vice-president and associate general counsel at Goldman Sachs....
...People said his head had been turned by her M(&)G vehicle. I never believed he had it in him. Yours despairingly, Stan of Aberdeen....
...Alistair Campbell and Nikki Howes join as investment associates from Sarasin and JPMorgan respectively. Siobhan Pandya moves to the role of head of investment communications from M&G....
...• Giuseppe Caltabiano will move to M&G Investments as head of its UK direct-to-consumer business in December....
...• Stonehage Fleming, the $43bn multifamily office, has hired Anastasia Shvetsova as a senior associate. She joins from JPMorgan....
...Victoria’s Secret is a byword for thrusting push-up bras, lace-fronted G-strings, kinky strapping and sheer one-piece teddies. Most of its customers are between half and a quarter of Wexner’s age....
...This challenge is most acute in the US, where the share of institutional assets allocated to active investment strategies fell from 79 per cent in 2012 to 67 per cent by 2015, according to Greenwich Associates...
...Greenberg and his associates orchestrated two major frauds that caused massive losses to A.I.G.’s shareholders....
...L&G is investing £600m to boost UK rental supply in a joint venture with PGGM, the Dutch pension fund manager....
...• Erik Westermark has moved to Legal & General Investment Management as senior investment associate in the UK asset manager’s infrastructure division, moving from Lloyds Bank....
...Wm Morrison (Retail) 139. BT (Telecommunications) 140. TSB (Finance) 141. Staples (Retail) 142. Telefonica (Telecommunications) 143. American Airlines (Travel & Tourism) 144....
...In February, rival Wm Morrison took a £1.3bn property writedown, while the value of its tangible assets was marked down 19.1 per cent to £2.9bn....
...Earnings reports include Kraft Heinz, Time Inc., News Corp, Walt Disney and Weight Watchers....
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