Hints and tips:
...He drives a Tesla model S (with the paint stripped off to reveal the bare metal) and sails an 82ft Mark V special operations craft, a $3mn camouflaged Navy Seal vessel mounted with decommissioned machine...
...Fiscal policy: Is the state pension really ‘a Ponzi scheme’? Labour markets: UK wages: which sectors are driving up pay?...
...They involve tasks like rationalising electricity supply, deepening capital markets, reducing the cost of capital through establishment of pension funds, channelling development into large-scale businesses...
...The result is trillions of pounds sitting in pension funds that could’ve been used to fuel domestic investment in UK tech, infrastructure, defence and energy assets instead....
...Need to know: Global economy Top Canadian pension fund CDPQ became the latest western investor to pull back from China....
...Today’s Big Read highlights how the rush to safer assets by British pension funds has left the UK listing moribund and driven companies seeking to list overseas....
...Join us at the Future of the Car summit on May 9-11 for analysis of the industry’s toughest challenges. Register today here....
...The Netherlands’s private credit fund ILX is developing platforms to enable big pension funds to co-invest with the leading MDBs in emerging market green credits....
...Fortescue Metals Group, one of Australia’s largest mining companies, has appointed Fiona Hick as its new chief executive after poaching the Woodside veteran to run the business....
...Federated Hermes did this after pressure from European and Australian pension fund clients who value environmental, social and governance investing, or ESG investing. Here’s the FT’s Chris Flood....
...The biggest western holders of Russian sovereign debt are funds controlled by German insurer Allianz, the New York investment firm BlackRock, Californian money management groups Capital and Western Asset...
...This presents a significant problem for Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund with $1.7tn of assets, as well as other worldwide pension funds that adopted tough...
...Retail and airlines are among the industries boosting starting pay to attract new recruits. A similar pattern is playing out in Europe....
...Meanwhile, two deadly tailings dam failures in Brazil in recent years have caused pensions funds and other investors to prioritise worker safety within miners’ environmental, social and governance responsibilities...
...AkademikerPension, a Danish pension fund for academics, sold out of Belarus bonds in April on human rights grounds, and now excludes 45 countries, including China, Saudi Arabia and Venezuela....
...GAM’s funds had amassed more than $1bn of exposure to Gupta, who was buying up unloved metal plants around the world....
...Secondly, there’s a flood of capital from pension funds into specialist investment groups that finance so-called continuation fund deals, in which private equity groups sell to their own funds....
...This could mean failing to use the cash to diversify and foster other industries domestically or create a sovereign wealth fund that makes investments abroad to secure long-term revenues....
...Russia’s Sputnik V coronavirus vaccine has an efficacy rate of 97.6 per cent, its developers said, based on data from almost 4m people....
...Australian politicians and pension funds have been critical of the Rio board’s apparent disconnect with the cultural heritage of Pilbara — an iron ore-rich region that contributes 90 per cent of its earnings...
...Money’s too tight to mention Spain’s cash-squeezed government is struggling to pump funds into its beleaguered industries and extend unemployment furlough schemes....
...The Kazakh power play One man towered over the Kazakh energy industry in which Mr Karmanov prospered....
...Across the western world pension fund managers face similar challenges....
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...HSBC has some discussion about V and W shaped recoveries; its own model resembling “the Nike swoosh” is made by combining a proper V in mainland China forms and more of an L among Western European and American...
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