Singapore state-owned investor ‘not in a hurry’ to invest in AI and warns of ‘hype’ in sector
Manager says it plans to capitalise on growing European demand for the products
Analysis reveals some schemes pay up to 14 times more for the same product than rivals
New private equity vehicle Rosebank Industries whose other backers include Norges and GIC will offer boost to London market
Closing arguments cap eight-week trial in which lawyers for former trader say government failed to prove its case
Plus, Blackstone’s ‘circular’ credit risk deals, active bond ETFs boom, and the Yoshida dynasty at Dulwich Picture Gallery
Private capital firms have been hunting ways into market as companies look to offload schemes
Investment revenue is expected to rise 30% over past year as lenders report earnings this week
From the green transition to the digital transformation, the requirement is enormous
‘Search funds’ involving acquisitions of companies worth about $15mn have become popular among ambitious graduates
Ronan O’Grady pleaded guilty to sexual assault in February and was sentenced in late June
Sacked ‘whistleblowers’ launch California court action against Europe’s biggest bitcoin-miner-turned-AI-datacentre-builder
Only two climate-related proposals received majority support this year, and no diversity initiative cleared 50%
Plus, SoftBank is not planning to follow Elliott’s call and a former ‘Barbarian’ hunts mid-sized deals
Chance of reconsidering its grade ‘close to zero’ as US central bank has never overturned an assessment on appeal
Sale of Preqin for £2.5bn has catapulted founder Mark O’Hare into ranks of Britain’s wealthiest people
Plus, Blackstone becomes a whale in private equity debt and Shari Redstone revives her sale of Paramount
More than half of their assets in the US are allocated to the funds, the research consultancy says
Funds have been aided by retail interest, particularly among younger investors
Case is part of a flurry of lawsuits over socially conscious investment decisions
Policymakers are directly or inadvertently fuelling the rise of the asset manager lender
Plus, western banks’ Chinese expansion plans fall off a cliff and a UK fund’s thorny history in Russia
Innovative funds are designed to deliver ‘predictable’ monthly cash flow to investors
The US buyout group has become one of the biggest buyers of a fast-growing type of risk transfer product
Bonuses are supposed to fluctuate with market conditions — they are instead sticky
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