Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is head of total return strategies at Man AHL When US stocks lost 10 per cent of their value in April, investors faced a familiar dilemma: buy the dip or dodge a falling … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The number of UK investment trusts has fallen by nearly a fifth over the past four years as the industry comes under pressure from cheap index-tracking funds, higher interest rates and takeovers. Investment trusts are … Read more
Asset managers have it easy. The parties, the access, the spreadsheets. And the money isn’t bad. However, to keep the show on the road, there is the minor detail of winning and retaining clients. But what if you just bought them? While this isn’t exactly what private equity firms have done, neither is it completely … Read more
The rollercoaster ride of Britain’s financial markets
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England is facing growing calls to scale back its bond-selling programme later this year, as investors warn it risks pushing up borrowing costs further and adding to pressure on a weakening UK … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A decade ago, I asked officials at the New York Federal Reserve if I could peek at their gold reserves. They refused point blank. The reason? Fed officials have long taken pride in having the … Read more
Mysterious Fireball Reported Over South Carolina, Georgia and Tennessee Source link
Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The UK’s financial ombudsman will be overhauled to stop it acting like “a quasi-regulator”, the City minister said on Thursday, opening the door to the potential introduction of a new appeal process for companies … Read more
Debris From SpaceX Explosion, Landing in Mexico, Draws Investigation Source link
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sam Laidlaw, the former chief executive of Centrica, is out of the running to be the next chair of oil major BP. Laidlaw, who stepped down as chief of the British Gas owner in 2014, … Read more