Latest in Funding Declines
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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 - 5 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 - 5 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 - 5 days ago -
Cathie Wood says her 'volatile' ARK Innovation fund shouldn't be a 'huge slice of any portfolio'
Cathie Wood is defending her turbulent ARK Innovation ETF following a rocky stretch.Business - CNBC - 4 days ago -
BlackRock just did its first mutual fund-to-ETF conversion. Here’s why.
BlackRock has flipped a mutual fund to an exchange-traded fund for the first time, with the giant asset manager’s move reflecting investors’ increasing appetite for actively managed ETFs.Business - MarketWatch - Yesterday -
Cop29 live: Slashing methane emissions is ‘our emergency brake’, UN says
Cop29 presidency announces new drive to cut methane emissions from waste dumps as G20 reaffirms transition from fossil fuels. The UK government has conceded that Australia was mistakenly included ...World - The Guardian - 17 hours ago -
Man Group’s trend tracking fund is having one of its worst years ever
Man Group’s AHL Trend Alternative fund is down 12.77% in the year-to-date despite the previous year’s historic stock market rallyBusiness - MarketWatch - 22 hours ago -
My mother-in-law stole $25,000 from my husband’s emergency fund. We donated to charity rather than give her a birthday gift — and she cried foul.
“As his power of attorney, she had access to his emergency fund.”Business - MarketWatch - October 24 -
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