FundsBill Ackman Is Launching Pershing Square USA, the Biggest Closed-End Fund EverJuly 10, 2024104Investor Bill Ackman is trailing the S&P 500 this year by about 10 percentage points as he readies the sale...
InvestingBlackRock Sees More U.S. AI Winners—and Turns Upbeat on the U.K.July 9, 2024104Strategists at BlackRock forecast a colossal shift that will transform the structure of the global economy, but also detailed moves...
CryptocurrencyBitcoin Drops Amid ETF Outflows. Trump Wants Crypto to Be ‘Made in the U.S.A.’June 12, 202496Bitcoin and other cryptocurrencies were falling early Wednesday as exchange-traded funds tied to the cryptocurrency faced outflows. However, former U.S. President...
MoneyBill Ackman Wants Your Money. Should You Buy Pershing Square USA?June 7, 2024106Bill Ackman is one of the world’s highest-profile investors—and he’s coming for your money. Ackman, 58, is seeking to capitalize on...
BankingGoldman Sachs’s 54% UK gender pay gap is the biggest among top investment banksApril 4, 2024140Goldman Sachs has the biggest average UK gender pay gap of any major investment bank in the City, as the...
BankingBarclays keeps bonuses at 100% of salary even after UK government lifts capApril 3, 2024159Barclays has maintained a 100% cap on banker bonuses, even after the UK government scrapped the limit in October as...
BankingUK dealmaking fees surge 33% after two-year droughtApril 3, 2024104Investment banking fees from UK deals surged by 33% in the first quarter, hitting their highest rate in three years...
FundsEuropean funds meet regulators over rush to shorter settlement timesMarch 27, 2024124European fund managers are in talks with regulators over fears they will breach cash holding rules when the US shortens...
FundsBlackRock topples Schroders as UK’s top fund brandMarch 26, 2024171BlackRock has knocked Schroders off the top of an influential ranking of UK fund brands, with the US behemoth also edging...
CryptocurrencyLondon Stock Exchange to list bitcoin ETNs after FCA approvalMarch 11, 2024118Major investors have been given a boost for their digital asset arms as the UK markets watchdog says it will...