Wealthy Americans seek refuge from Donald Trump in Swiss banks

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wealthy Americans both in the US and abroad are drawing up contingency plans to move assets to Switzerland amid uncertainty caused by the Trump administration. Private bankers, multi-family offices and asset management groups said they … Read more

GraniteShares’ European leveraged ETPs hit regulatory roadblock

Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. GraniteShares, a $10.6bn manager of high-risk leveraged and inverse exchange traded products, has been suspended from selling new units in its European range. The base prospectus for the company’s 65 European ETPs expired on … Read more

SAP leapfrogs Novo Nordisk to become Europe’s most valuable company

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Software giant SAP has overtaken Novo Nordisk to become Europe’s most valuable company, in the latest milestone for Germany’s surging stock market. SAP shares rose 1.3 per cent in early trading on Monday, lifting its … Read more

US activist Elliott takes 5% stake in RWE

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hedge fund Elliott Management has taken a stake of nearly 5 per cent in RWE, calling for the German energy group to “significantly increase and accelerate” its share buyback programme.  RWE, one of Europe’s largest … Read more

Unfreezing Russian investors

Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is an on-site version of the newsletter. Subscribers can sign up here to get it delivered every Monday. Explore all of our newsletters here. Does the format, content and tone work for you? Let me … Read more