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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 - November 8 -
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 - November 8 -
AI startup funding hit a record in the L.A. area last quarter. Here's who got the most money
L.A.-area startups received $1.8 billion in the third quarter, the highest quarterly amount for the region, according to CB Insights. Most of it went to a single company.Entertainment - Los Angeles Times - November 8 -
Ackman says he’ll delist fund in Amsterdam following riots targeting Israeli soccer fans
Bill Ackman on Friday said he will ask the board of Pershing Square Holdings Ltd. to delist from the Amsterdam stock exchange, following riots there that targeted Israeli soccer fans.Business - MarketWatch - November 8 -
Fund entrepreneur Peter Hargreaves: ‘I can never see the point of spending money for the sake of it’
The Hargreaves Lansdown co-founder on building one of the UK’s most valuable companies, his take on the Neil Woodford scandal — and why he regrets buying a private jetBusiness - Financial Times - November 9 -
Argentine star fintech Ualá wins fresh funding from Allianz and Alan Howard
Latest fundraising values company at $2.75bn following one of biggest VC rounds in Latin America in recent yearsBusiness - Financial Times - 6 days ago -
Hedge funds performed better under Democratic presidents than Republican ones, history shows
Hedge funds actually generate more alpha when the White House is occupied by a Democrat president than a Republican one, according to HFR.Business - CNBC - 5 days ago -
South Korean court finds former lawmaker guilty of misusing funds meant for sexual slavery victims
South Korea’s Supreme Court has handed a suspended prison sentence to a former lawmaker who was found guilty of embezzling funds while leading a group supporting Korean survivors of Japan’s wartime ...World - ABC News - 3 days ago -
McIlroy says he would pay to play in Ryder Cup as US team ponder $5m fund
‘I would pay for the privilege to play in the Ryder Cup’ Europeans feel fee would be better spent on World Tour Rory McIlroy has said he would pay to play in the Ryder Cup after it emerged US ...World - The Guardian - 3 days ago -
Tesla is new pick for Daniel Loeb’s Third Point, as hedge fund ditches Uber
Out with Uber, in with Tesla for Daniel Loeb’s Third Point.Business - MarketWatch - 3 days ago