Latest in Municipal bond maven John Miller, whose fund was routed in 2022, has made a comeback, starting a new fund from scratch with a boutique firm.
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Long-term asset funds: a new route to private markets?
UK catches up with the US retail market, but investors need to be aware of liquidity constraintsWorld - Financial Times - October 25 -
New calls for Congress to return from recess for hurricane relief funding
There is a new wave of calls for Congress to come back from recess and approve a new round of hurricane relief funding with the Small Business Administration out of money for new disaster relief ...Top stories - CBS News - October 17 -
John McQuown, Who Pioneered Index Funds and Transformed Investing, Dies at 90
The Illinois native jumped from family farm to mechanical engineering and then led a ‘Manhattan Project’ of finance.World - The Wall Street Journal - October 31 -
AI search start-up Perplexity targets $8bn valuation in new funding round
Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraisingBusiness - Financial Times - October 21 -
The God Of War TV Show Is Starting Over From Scratch - Report
The God of War TV series at Prime Video is undergoing a major change. A new report confirmed that Sony Pictures TV and Amazon MGM Studios are starting over on the show from scratch after a trio of ...Tech - GameSpot - October 17 -
NHS will not fund new drug to slow Alzheimer’s
A new drug that slows the pace of Alzheimer's disease is too expensive for too little benefit to be used on the NHS, the watchdog says.Top stories - BBC News - October 23 -
Chancellor sets out new funding for extra NHS appointments
The government says it will invest £1.57bn in new equipment and buildings, in a bid to increase appointments.Top stories - BBC News - October 29 -
Controversial consulting firm fails to get approval for deal with Ohio teachers’ pension fund
A committee on the Ohio retired teachers’ pension fund board has decided not to move forward with the controversial consulting firm that has been the subject of News 5 investigations.Sports - Yahoo Sports - October 16 -
China's premier inaugurates a Beijing-funded airport at the start of a Pakistan trip
China’s Premier Li Qiang has inaugurated a Beijing-funded airport built in restive southwestern Pakistan as he arrived for a regional security meeting in the capital, IslamabadWorld - ABC News - October 14 -
Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB
Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warmingWorld - Financial Times - October 31 -
Not one government has paid into fund for victims of Uganda warlord, says ICC
The international criminal court awarded a record €52.4m to survivors of Dominic Ongwen’s crimes but member states have failed to contribute. Not a single country has contributed towards ...World - The Guardian - November 1 -
UK to boost Ukraine funding using £2bn from Russian assets
The funds are the UK's contribution to a $50bn (£38bn) loan package announced back in June.Top stories - BBC News - October 22 -
Voters in Liechtenstein withdraw state funding from the country's public radio broadcaster
Voters in Liechtenstein have voted to withdraw state funding from the tiny country’s public radio broadcaster, a decision that leaves the station’s future in doubtWorld - ABC News - October 28 -
Saudi Arabia’s wealth fund pivots from international investments
Public Investment Fund will focus more of its financial firepower on domestic projectsBusiness - Financial Times - October 29 -
Node.vc raises $77.3M for new fund backed by 70 Nordic entrepreneurs
Node.vc has raised $77.3 million, or €71 million, for a new fund that is backed by 70 Nordic entrepreneurs.Tech - VentureBeat - October 16 -
Perplexity AI seeks valuation of about $9 billion in new funding round
Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.Business - CNBC - October 21 -
Millennium considers launching first new fund in more than three decades
Fund would invest in less liquid assets including private creditBusiness - Financial Times - October 25 -
New York semiconductor site picked for $825 million in funding
U.S. Sen. Chuck Schumer says a semiconductor research facility in upstate New York will be getting $825 million in funding as one of three national technology centersTech - ABC News - October 31 -
AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round
The artificial intelligence search company is raising $500 million in its fourth funding round this year.Tech - The Wall Street Journal - 3 days ago -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - October 25 -
Why Georgia’s EU future is on the ballot in historic parliament vote
Also in this newsletter: Russian migrant-smuggling ring bustedWorld - Financial Times - October 25 -
A federal disaster fund that had 50,000 applications after twin hurricanes is now out of money
A federal disaster fund has received 54,000 applications from those impacted by the recent hurricanes, but the money won't be available for weeks.Top stories - NBC News - October 18 -
Bond investors position for new debt from Goldman Sachs and Morgan Stanley
Bond investors — who have sent spreads on the debt of the big U.S. money-center banks to their tightest levels of the year — are now positioning for new issuance, with Goldman Sachs and Morgan ...Business - MarketWatch - October 16 -
Games VC funding is stabilizing, but growth-stage funding is up | Konvoy
Konvoy has published its latest report on venture capital funding in the gaming industry, which shows signs of normalizing.Tech - VentureBeat - October 16 -
Trump still falsely claiming that FEMA is diverting funds from hurricane relief to help migrants
Former President Donald Trump campaigned in North Carolina on Monday where he continued to peddle false claims that FEMA is diverting funds from hurricane relief to assist migrants. CBS News ...Top stories - CBS News - October 22 -
Trump victory hands hedge funds $1.2bn win from bet against renewables
Clean energy shares have tumbled on fears Republican president-elect will scrap subsidies and tax breaksWorld - Financial Times - Yesterday -
Public Investment Fund’s desert mirage
Plus, why Topgolf is parting with its owner and HSBC‘s boss says it isn’t splitting upWorld - Financial Times - October 30 -
Drug companies that violate law would fund medical research under new Democratic legislation
Sen. Elizabeth Warren (D-Mass.) and Rep. Jan Schakowsky (D-Ill.) have introduced legislation that would require pharmaceutical companies that have entered settlement agreements over violating ...Politics - The Hill - October 18 -
The Day Before Dev's Kickstarter Canceled After Minimal Funding, Announces New Project
Fntastic, the developer behind the troubled game The Day Before , has canceled its Kickstarter campaign for Escape Factory due to a lack of interest. The game, which aimed to deliver a ...Tech - GameSpot - October 23 -
Saudi sovereign wealth fund announces $2 billion deal for new Brookfield Middle East platform
At least 50% of the capital will be allocated to investments in the kingdom and to expanding international companies' presence in the local market.Business - CNBC - October 30 -
New Lord Mayor to push pension funds to invest more in London-listed companies
Alastair King takes office in the Square Mile on Friday and says measure necessary to boost stock marketWorld - Financial Times - Yesterday -
‘I believe she made a big mistake’: My wife put her paycheck into a bank account with her inheritance. Do I now own 50% of those funds?
“I’m still working, and we’ve always filed joint tax returns.”Business - MarketWatch - 6 days ago -
10-year Treasury yield ends at three-month high on expectations for potential sweep by Republicans
Yields on U.S. government debt finished at their highest levels since July and August on Monday, as traders looked ahead toward a week of data on economic growth, inflation and the labor market.Business - MarketWatch - October 28 -
Echoes of U.K.’s 2022 bond crisis weigh on Treasury market ahead of U.S. election
A selloff in the U.K. bond market on Thursday, triggered by concerns about planned government borrowing, sent the country’s yields higher in a manner slightly reminiscent of the 2022 gilt crisis ...Business - MarketWatch - October 31 -
30-year bond yield closes with biggest jump since 2022 after Trump wins
U.S. government debt aggressively sold off on Wednesday, pushing the 30-year yield up by the most in two years, as traders factored in the likely trade and deficit policies of a second Trump ...Business - MarketWatch - 2 days ago