Stay informed with free updates Simply sign up to the Fund management myFT Digest — delivered directly to your inbox. US bond giant Pimco is set to launch its first European private credit fund, as it seeks to take advantage of investor demand for the fast-growing sector. The world’s biggest active bond manager, with $2tn … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The writers are former US Federal Trade Commissioners challenging their removal If you’re reading this, there’s a good chance you’re sceptical of regulators. But you should hope we win our recently-filed lawsuit to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief economist at Goldman Sachs I admit it: I often dodge questions about the dollar. A large body of academic literature and my own experience as an economic forecaster have taught me … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Beware unintended consequences. US-listed Chinese companies, including giants Alibaba and Temu owner PDD, have been hit by fears they may be forced to delist from New York. Such a move would be painful for US … Read more
John Pike had his target in his sights. The Elliott Management partner was facing off against the chief executive of Phillips 66, the oil and gas giant in which he had built a $2.5bn stake, across a Manhattan meeting room. Over the course of an hour, the Texan company and its legion of defence advisers … Read more
When Daniel Sheard blew the whistle on a scandal that rocked the Swiss fund manager GAM, he was prepared for it to be a tough experience. In 2017, Sheard began warning the company that he was worried about investments being overseen by his boss, the star fund manager Tim Haywood, into bonds created and sold … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The value of Donald Trump’s memecoin soared more than 50 per cent on Wednesday after the issuers of the cryptocurrency said the US president would have dinner with the top 220 holders next … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ExxonMobil has defeated an attempt by rival Occidental Petroleum to block its production rights on one of the largest lithium deposits in the US, as oil companies fight for a foothold in the critical minerals … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The London Metal Exchange is drawing up plans for a so-called “green premium” on metals that are mined sustainably, following industry pressure to distinguish them from “dirty” supplies with a larger environmental impact. The exchange, … Read more
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Oil prices slid more than 2 per cent on Wednesday as traders weighed the possibility that Opec+ will accelerate production increases in June amid continued tensions between key members of the cartel. Eight … Read more