Ür-ESG, Brazil and the Rothschilds

Juan Flores is professor of economic history at the University of Geneva. Mitu Gulati is professor of law at the University of Virginia. When governments issue bonds they usually have to provide plenty of disclosure to entice investors. These days this often includes information on the country’s environmental, social and governance standards — the now-infamous acronym … Read more

Private equity portfolios underperform at big Canadian investors

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Disappointing returns from private equity investments meant Canada’s big pension funds underperformed last year, as a downturn in the buyout sector weighed on some of the world’s largest investors in private assets. Canada Pension Plan … Read more

Oil chiefs warn of end to US shale boom

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US oil companies are cutting spending and idling drilling rigs, as Donald Trump’s tariffs increase costs and falling crude prices squeeze profits, prompting executives to warn that a decade-long shale boom is ending. Surprise decisions … Read more