financial vehicles
- Finance
Robinhood to offer retirement accounts to users who love long-shot bets on risky assets
Robinhood said on 6 December it will start offering retirement accounts, in a plan to convince the next generation of…
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10 Dividend Aristocrat stocks expected by analysts to rise up to 54% in 2023
Stocks of companies that raise dividends consistently have outperformed during this year’s bear market. Below is a screen showing which…
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Saudi crown prince set to invest in Credit Suisse’s new investment bank
Saudi Arabia’s crown prince and a U.S. private-equity firm run by Barclays PLC’s former chief executive are among investors preparing…
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Saudi prince sets sights on Credit Suisse spinoff
Saudi Arabia’s crown prince and a US private-equity firm run by Barclays’ former chief executive are among investors preparing to invest…
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Credit Suisse loses secondary-advisory executive to Baird
One of the most senior secondary private equity bankers at Credit Suisse has left the investment bank, according to several…
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Are nontraded funds really the best place to invest?
Congratulations. You’ve worked hard and made some money, and now you have access to a new class of investments. But when the…
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Blackstone stops redemptions from real estate fund as stock slides
Blackstone shares took a big hit after the investing giant’s real-estate fund aimed at wealthy individuals said it would limit redemptions.…
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Ex-Goldman Sachs MD Adam Iqbal joins Capstone as portfolio manager
Hedge fund Capstone Investment Advisors has hired Goldman Sachs managing director Adam Iqbal to strengthen its portfolio management team. Iqbal,…
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Blackstone sells stake in MGM Grand, Mandalay Bay as Las Vegas icons valued at $5.5bn
Blackstone has agreed to sell its 49.9% stake in two Las Vegas hotels in a deal that values the properties at…
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Pension fund heavyweights plan private markets boost to beat stagflation
Heavyweight pension funds plan to ramp up their exposure to private markets, global equities and thematic investments, as major players seek…
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Apollo poaches new chief pensions strategist from state government
Connecticut state treasurer Shawn Wooden is joining Apollo Global Management as a partner and chief public pension strategist to help…
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CrowdStrike stock drops nearly 20% as elongating sales cycle slows new subscriptions
CrowdStrike Holdings Inc. shares dropped in the extended session Tuesday after the cybersecurity company said new subscriptions came in below expectations…
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Bridgepoint mulls $1bn deal for energy investment firm
Bridgepoint Group in London said it is evaluating a possible bid for Energy Capital Partners, commenting after a report that the…
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Hedge funds shift to decentralised platforms after FTX collapse
Hedge funds are increasingly turning towards private wallets and self-custody after FTX’s collapse showed up the risk of relying on…
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Hedge funds’ 2 and 20 fee structure is facing challenges, former Bridgewater exec says
As hedge funds battle plunging equity markets, rising inflation, and large outflows, they are set to face another challenge next…
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What Carlyle founder David Rubenstein makes of the FTX crash
David Rubenstein co-founded The Carlyle Group in 1987, and it has since become a private equity behemoth with $369bn under…
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Asset managers face divided regulation over ESG investing
The political divide over the role that environmental, social and governance factors should play in state pension investments stands to…
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Toxic combo of poor regulation and UK government’s reckless budget triggered pension blow-up, witnesses say in inquiry
A toxic combination of leverage, poor regulation and a reckless UK government budget drove the extraordinary blow-up of the pension…
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Pensions for Purpose’s Charlotte O’Leary: Can white, male, over-50 trustees represent a fund’s youngest members?
Charlotte O’Leary was fed up — she’d spent over a decade at large asset management firms and investment consultants. She was…
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Hedge funds fall for Dubai over lower tax rates, softer regulation — portfolio managers want in
London hedge funds are joining a trend of investment firms looking towards Dubai for expansion, lured by lower tax rates, softer…
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Bain Capital snares Ropes & Gray London boss for top European legal role
Private equity firm Bain Capital has hired US law firm Ropes & Gray’s London boss for a senior role in…
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Morgan Stanley plans to reduce one gigaton in carbon-dioxide emissions by 2050
Morgan Stanley has formed a new growth-capital strategy that aims to invest $1bn to back companies that will seek to…
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COP27 wins and losses: U.S. on the hook to pay for its pollution; natural gas gets nod as transition fuel
For the first time ever, rich nations, including a top-polluting U.S., will pay for the climate-change damage inflicted upon poorer…
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Autumn Statement: Rachel Reeves slams government for protecting banker and private equity bonuses
Shadow chancellor Rachel Reeves has hit out at chancellor Jeremy Hunt for protecting the bonuses of bankers and private equity…
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Why PE’s investor appetite is waning
Investor appetite for private equity is coming under strain. The latest Rede Liquidity Index score – a closely followed industry benchmark…
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Why the Bank of England is struggling to calm markets
A crisis in UK government debt markets accelerated after a fresh attempt by the Bank of England to extend support…
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Bank of England boosts bond purchases programme amid ‘fire sale’ risk
The Bank of England added inflation-linked government bonds to its programme of bond purchases after a fresh attempt to extend…
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Fund managers yank Ethereum holdings over regulatory jitters
Fund managers have been dumping digital currency ether from their holdings amid worries that heightened regulatory scrutiny may blunt the digital currency’s expansion.…
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Germany leapfrogs UK to become Europe’s most shorted market as recession fears surge
Germany just leapfrogged the UK to become the most shorted market in Europe as economic worries grip the continent. The German market…
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FTX liquidity crisis forces crypto hedge funds into rethink
Crypto hedge funds are changing how they work with exchanges around settlement and asset safeguarding, after a liquidity crunch pushed FTX to the…
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Ninety One sustainability boss: Divesting from oil and coal doesn’t work
Divesting from heavy polluting companies may look good on paper and appease ESG-diehards, but has minimal impact on reducing emissions and…
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Ex-Brevan Howard portfolio manager Luke Sadrian joins Rokos as partner
Rokos Capital Management hired former Brevan Howard portfolio manager Luke Sadrian as an investment officer and partner as part of a commodities…
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Ex-BlackRock executive says ESG investment model is broken
Terrence Keeley had been at BlackRock for about a decade when he reached a contrarian conclusion: ESG doesn’t work. Keeley spent much…
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US law firm Boies Schiller plots London hires to meet ‘booming’ demand for litigation work
US law firm Boies Schiller Flexner is recruiting lawyers to staff the surging demand it is seeing for litigation work…
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BoE ‘will need to extend’ gilt support, says ex-pensions minister
Former Conservative pensions minister Baroness Ros Altmann says it is “highly likely” the Bank of England will need to continue…
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Roiling British markets push pension funds into real-time firefighting
Pension funds, used to thinking in decades, have been thrown into real-time firefighting mode by the crisis roiling British markets.…
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Activist investor targets US department store Kohl over board changes
An activist investor that has long targeted Kohl’s is ratcheting up the pressure, calling on the department store chain to…
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FCA crackdown on greenwashing: ‘A matter of when, not if’
A Financial Conduct Authority crackdown on greenwashing among UK asset managers is “a matter of when, not if,” a partner…
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Bridgewater’s former executive Bob Elliott launches new hedge fund ETF
Bob Elliott, a former member of Bridgewater Associates’ investment committee, has launched Unlimited, a new investment firm, along with Unlimited…
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BoE’s Andrew Bailey was playing a high-stakes game over gilts support for pension funds
Nobody comes out of the pension fund and gilt market crisis looking good. In the middle of the firing line…
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Crispin Odey soft closes flagship hedge fund after major pound and coal wins
Crispin Odey has closed his flagship European hedge fund to new investments after scoring big wins from shorting the pound in the…
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Kirkland poaches Clifford Chance London M&A partner as infrastructure push continues
Kirkland & Ellis poached Clifford Chance’s infrastructure co-head in London as it builds out a team in the sector in…
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Why Bain’s private equity head thinks the sector should get ‘back to basics’
A leadership transition at consulting firm Bain & Co., which has advised private equity firms and their portfolio companies for…
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Chris Hohn’s TCI urges Google parent Alphabet to review staff numbers and take ‘aggressive action’ slash costs
Activist hedge fund TCI Fund Management called on Google parent Alphabet to aggressively cut costs and reduce losses in long-term bets…
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The Fintech Files: FTX fallout, MPs make Binance squirm, and crypto sector full of ‘f****** sociopaths’
It’s been seven days since Sam Bankman-Fried said: “FTX is fine. Assets are fine.” Many things remain unclear, but one thing…
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The 13 private capital leaders who made FN’s most influential women list
Twelve of the 100 most influential women in finance work in private capital, according to Financial News‘ annual rundown of the women shaping the…
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Three Arrows liquidators seek court permission to subpoena crypto hedge fund’s missing founders over Twitter
The founders of Three Arrows Capital might find a surprise the next time they open Twitter: subpoenas from court-appointed liquidators…
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Here’s a cheap way to bet on Bill Ackman making yet more money
Andrew Bary is an associate editor at Barron’s, covering a wide range of financial and investment topics Billionaire investor Bill…
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Credit Suisse strikes deal to sell securitized-products group to Apollo
Credit Suisse Group AG has entered into definitive transaction agreements to sell a large part of its securitized-products group and…
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Former Microsoft boss bets $400m on Black private equity managers
Steve Ballmer has made a big bet on Black private fund managers, aiming to back top-flight investment talent while helping…
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