BlackRock sets $400bn fundraising target to take on private capital giants

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock has set an ambitious $400bn fundraising target for its private investment businesses, as executives laid out a plan to almost double the market value of the world’s largest asset manager by 2030. The 2030 … Read more

Why investors remain bullish on US renewables

This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Welcome to Energy Source, coming to you from New York. US oil production is forecast to fall next year … Read more

African lender Afreximbank faces growing pressure over loan book

Afreximbank, a pan-African trade finance institution, has accused rating agency Fitch of giving an “erroneous view” on its exposure to potential losses, as the lender faces pressure over whether it fully disclosed the riskiness of loans made to Ghana and other cash-strapped nations. Fitch Ratings last week said that the Cairo-based multilateral lender was at … Read more

No tariff inflation yet

This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Yesterday the US and China announced that they have agreed to a framework to restore a trade-war truce. … Read more

How to slash government debt-to-GDP

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Having spent the last 20 years accumulating ever-greater piles of debt, governments now face tough choices/ difficult decisions. What if there was one weird debt management trick that would allow governments to slash debt-to-GDP without … Read more

Silver and platinum prices soar as investors seek ‘gold alternatives’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors are pouring into silver and platinum as they seek “gold alternatives” and hedges against the US dollar, sending prices for both metals soaring. With the US dollar’s status as a safe haven for global … Read more