Diversification is the foundation of good investing
Administrators file lawsuit alleging at least £1.3bn ‘misappropriated’ from collapsed mortgage firm
Plan will ‘deliver long-term economic growth while boosting our already strong trade relationship’, says minister
Former risk officer alleges executives used misleading benchmarks and risk measures to improve results
World’s largest asset manager says governments must address under-investment of retail money in capital markets
Rising interest rates and lower demand have hit returns in the past decade
They are finance’s saviours as well as its villains
Countries and companies will need to compete for funds to meet their spending plans
The sale of the UK’s largest independent asset manager comes after the death of a patriarch and the rise of giant US funds
Investment manager uses ownership structure designed to work around profession’s ban on outside equity capital
New legislation pushing the mandatory allocation of investments into private assets conflicts with the fiduciary duty of trustees
Fears about the technology’s impact hit share prices but sector is embracing the benefits
Continuation vehicles and rush for retail money are driving problematic behaviour by industry, warns ILPA executive
The City regulator is set to change the rules on client categorisation
Real estate and infrastructure commitments help offset weakness in group’s core business
Move comes after fund restricted investors’ liquidity rights two years ago
Weak investor demand hits hedge fund chief’s scaled-back double offering
Founder of Citadel says some investors may not have realised they cannot quickly withdraw all their money from funds
Coupon-paying fund aimed at retail investors
Hedge fund launched by Bobby Jain will instead manage money exclusively for his former multi-strategy firm
Plus, Vanguard warns on prediction markets, private credit’s borrowing strain and Henry Moore at Kew
Child of Robert F Kennedy Jr seeks $100mn in capital raise while touting links to ‘policy initiatives in government’
British pension schemes will soon be forced to support my portfolio
Boss of $12tn asset manager echoes criticism of platforms such as Polymarket and Kalshi
Withdrawal from one investor threatens to slow efforts to expand beyond hedge fund division
