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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 -
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 -
Thames Water Proposes $3.9 Billion Funding Deal to Continue Operations
The U.K. water company said the deal would enable the debt-laden company to continue with its planned investment and maintenance of its infrastructure.Business - The Wall Street Journal - October 25 -
'My £250 Child Trust Fund is now worth only £12'
Max Prince was shocked to discover that surprise fees had left him with just £12.39 in his trust fund.Top stories - BBC News - October 26 -
This Hedge Fund CEO Extols the Virtues of Challenging Conversations in the Workplace
Robyn Grew, the first woman and openly gay CEO of Man Group, says its diversity is an advantage.Business - Inc. - October 28 -
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 -
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Business - CNBC - 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 -
Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion
The new fundraising effort would substantially increase startup’s valuation from spring.Tech - The Wall Street Journal - October 29 -
Republicans unveil emergency bill to fund tapped-out disaster loan program
Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...Politics - The Hill - October 29 -
In Election’s Final Days, Dark Money and ‘Gray Money’ Fund Hidden Agendas
Big-money operatives are taking advantage of lax rules at the end of the campaign to hide the true source of their money until after the election is called — or for forever.Top stories - The New York Times - October 30 -
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 -
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 -
Musk in funding talks with Middle East investors to value xAI at $45bn
Early discussions include existing backers of artificial intelligence start-upWorld - Financial Times - October 31 -
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 -
BBC World Service secures Budget bump in government funding
Executives warned that previous cuts left the UK struggling to counter a rise in Russian and Chinese propagandaBusiness - Financial Times - October 31 -
Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion
The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.Tech - The New York Times - October 31 -
