Tag: funds
Countryside’s top shareholder urges company to find buyer after Inclusive bid
LONDON, June 2 (Reuters) - The biggest shareholder in British housebuilder Countryside Partnerships (CSPC.L) has urged the board to find a buyer for the...
Engine No. 1 rushes to back ESG disclosures at top companies
June 2 (Reuters) - Sustainability-focused hedge fund Engine No. 1 has backed 83% of shareholder resolutions on environmental, social and governance (ESG) topics at...
Foreigners pull out of Asian equities for fifth straight month in May
June 2 (Reuters) - Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening...
AXA registers Shanghai fund unit as city seeks revival from COVID
SHANGHAI, June 2 (Reuters) - AXA Investment Managers has completed registration for a private fund unit in Shanghai, as Chinese regulators streamline processes to...
Julius Baer sells Fransad business to management
ZURICH, June 2 (Reuters) - Julius Baer (BAER.S) is selling Geneva-based wealth manager Fransad Gestion to its management team, the Swiss private bank and...
No Jubilee celebration for FTSE 100 dropouts Royal Mail and ITV
June 1 (Reuters) - Royal Mail (RMG.L) and broadcaster ITV (ITV.L) will lose their spots on Britain's benchmark FTSE 100 (.FTSE) equity index after...
Private equity industry like a Ponzi scheme, says Amundi CIO
LONDON, June 1 (Reuters) - The private equity industry has grown into a pyramid scheme that will create casualties in around three to five...
Stock rally not enough to save ARK from record 7-month losing streak
NEW YORK, June 1 (Reuters) - A sharp rally in the broad U.S. stock market over the last week in May was not enough...
U.S. corporate bonds post first positive monthly return this year
NEW YORK, June 1 (Reuters) - U.S. corporate bonds posted their first positive monthly return this year in May as easing inflation jitters alleviated...
Trades in Russian shares show investors testing the exits
LONDON, June 1 (Reuters) - A handful of attempts to privately trade depositary receipts in VTB and Gazprom show how some Western investors are...
The Bolsheviks to Putin: a history of Russian defaults
LONDON, June 1 (Reuters) - In 1918, Soviet revolutionary Leon Trotsky told Western creditors aghast at the Bolsheviks' repudiation of Russia's external debt: "Gentlemen,...
Binance’s venture capital arm raises $500 mln fund to invest in Web3, blockchain
June 1 (Reuters) - Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million for its...