US asset manager expands logistics portfolio with 80% stake in Burstone
Bahrain-based investment firm hands more power to executive chair Mohammed Alardhi
Plus, H20’s cover up, ESG funds double down on defence, and Hôtel de Gallifet in Aix-en-Provence
Potential increase of capital gains tax comes on top of changes to non-dom and carried interest regimes
Discussions come as Apple, Nvidia and Microsoft consider funding round that would value start-up at more than $100bn
Balance is needed on incentives to ensure Pershing Square USA fund does not struggle after floating
Could do better. C–
Plus, Arizona iced tea takes on investment bank Evercore in court and arrest of Telegram founder churns up financial troubles
The wirehouse is considering ETF versions of mutual funds already on its platforms, as well as new strategies
US fund relaunch could include right to buy extra shares or stock in billionaire’s hedge fund
Chief executive of country’s biggest lender says competition in mortgage market trumps regulators’ concerns
There are still plenty of reasons to be cautious, however
Memorandum of understanding is latest evidence of growing financial ties between China and Middle East
Demand for specialised sustainable credit products has risen sharply but there is no agreed definition
Hedge fund behemoth’s founders had recently struggled to agree on strategy and succession plans
US bank is expanding services to commercial banking customers that once flew below its radar
Big firms are battling against proposed rules on external oversight
Active funds have struggled to raise assets from local investors this year
Turmoil comes months after previous boardroom spat over chair Michael Moritz and ahead of long-awaited IPO
Chief executive of buy now, pay later group heralds benefits of the technology as it narrows quarterly loss
Active ETFs in Europe have so far launched with much lower fees than mutual funds, Morningstar analysis shows
Slowdown in public listings and takeovers means staff and investors are selling shares for cheap on secondary market
$4.4tn industry has become latest target of Xi Jinping’s clampdown on finance
Growth looks assured as people start families later
Top London investor undergoes restructuring after departure this year of ex-Tiger fund manager Johnny de la Hey