Hints and tips:
...One scoop to start: AC Milan’s owner Gerry Cardinale has pledged to build a 70,000-seater “American-like” stadium for the Italian football club, pouring cold water over efforts by the city’s mayor to salvage...
...In the US, Cruise has been racing against Tesla and Waymo, part of Alphabet, to develop robotaxi services, and parent GM has set an ambitious revenue target of $1bn by 2025....
...Some of the money was used to pay investors. It also borrowed against its management company two years ago to raise $930mn, most of which was to invest in future funds, the FT previously reported....
...FT Live event: Future of Asset Management Asia The Future of Asset Management Asia is taking place for the first time in-person on 11 May at the Westin Singapore and will bring together Asia’s leading asset...
...One of the latest of such deals came this week, when Ares Management agreed to buy $3.5bn in speciality finance loans from PacWest, a Los Angeles-based lender that was plunged into hot water after SVB’s...
...It’s a far cry from Burford’s situation four years ago, as it battled accusations of dodgy accounting and a collapsing share price upon becoming the latest target of short seller Muddy Waters....
...We’ll be back on December 27 with a special year-end edition of FT Asset Management, Harriet...
...For Ferrovial, the disposal of Amey is part of its so-called Horizon 24 plan, which seeks to prioritise infrastructure development, construction and management alongside its water business and those areas...
...This is about a very small subset of women who can go to a plaintiffs’ law firm and say, ‘Look, my target is a billionaire.’” V....
...Economic indicators The Institute for Supply Management and S&P Global will both release their producers’ indices for services....
...This week Arm was once again the subject of serious soul-searching in the City of London....
...The other, across the border in mainland China, is a tourist resort near Shanghai designed to look like the Italian city of Venice.The seizure was just a “routine transaction”, Marks said,f in our inside...
...But Robinhood has found itself in hot water with regulators....
...Fighting dirty: making sense of huge French M&A mess One French water and waste group, Veolia, wants to buy fellow French water and waste giant, Suez....
...Ark Investment Management’s Cathie Wood said Musk’s cryptocurrency move was typical of innovators....
...The writer is an activist short seller and the founder and chief investment officer of Muddy Waters Capital...
...I see no signs of a fast, V-shaped recovery in the advanced world. There will also be big changes from the acceleration of the digital and automation revolution....
...NMC Health commissioned an independent review into the company’s finances led by former FBI director Louis Freeh after short seller Muddy Waters raised concerns over its balance sheet and management in a...
...Richard Waters 82....
...The growing range of investments reflects a longstanding interest on the part of Mr Page in backing more effective forms of transport and finding ways to make cities operate more efficiently....
...Apollo Global Management and Elliott Management this week abandoned earlier plans to refinance the US oil and gas driller EP Energy....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...CVC Credit Partners has hired Nick Haaijman as a managing director to lead the firm’s client services. He joins from asset management group Alcentra....
...Mr Block went to work with his father, a period he describes as “very embittering” as he was “lied to by a parade of management” of internet companies....
...As part of the restructuring, the beleaguered bank has shifted its focus to wealth management but some of Deutsche’s controversial clients have cast a shadow over that division also....
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