Stay informed with free updates Simply sign up to the Pensions myFT Digest — delivered directly to your inbox. New York’s public pension scheme was weighing whether to boost its allocations to overseas markets as Donald Trump’s erratic policy measures upended the outlook for global markets. Steven Meier, chief investment officer for the New York … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One morning in a labyrinthine Tehran bazaar, a salesman was pitching a hot investment to shoppers. “Your money is dead,” he said of the country’s beleaguered currency, the rial. “Buy gold.” Local prices for gold … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Quant group AQR Capital Management is embracing artificial intelligence and machine learning techniques for trading decisions, ending years of reticence from one of the sector’s historic holdouts. The Connecticut-based hedge fund that has $136bn under … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. We’re a middle-aged couple with three children and a heavily US-focused investment portfolio. How can we better diversify our holdings to reduce geographic risk? Neil Wilson, investor strategist at Saxo UK, says it’s a common … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US central bank has removed a long-standing barrier to Wells Fargo’s growth ambitions by scrapping an asset cap imposed on the lender following its “fake accounts” scandal. Wells had met all the conditions required … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Texas has removed BlackRock from a list of companies boycotted from receiving its investment funds, three years after the state targeted the world’s largest asset manager over its environmental policies. The decision by the state’s … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. American meat eaters may not have heard of JBS, but chances are they have sampled its wares. Now, the Brazilian meat processor, the largest in the world, wants them to sample its shares, too. JBS … Read more
Stay informed with free updates Simply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox. The interest rate, real and nominal, on long-term safe assets is perhaps the most important price in a capitalist economy. It tells one about confidence in governments and the economy. In recent years, these prices … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A former Janus Henderson analyst and his associates were part of a “secret trading club” driven by greed that used insider information to earn profits of nearly £1mn, a London court has heard. Redinel Korfuzi … Read more
Stay informed with free updates Simply sign up to the Capital markets myFT Digest — delivered directly to your inbox. Traditional Chinese medicine is so hot right now: Regencell is a Hong Kong-based/Cayman Islands-incorporated/Nasdaq-listed “early-stage” bioscience company that develops herb-based treatments for ADHD and autism spectrum disorder. Net losses reached $4.36mn and $6.06mn in the fiscal years … Read more