• The credit market is priced for perfection - and that won't last

    3 days ago - By Business Insider

    In the Fidelity Insight of the week, Business Insider executive editor Sara Silverstein speaks to Ford O'Neil , a fixed-income fund manager at Fidelity. He says that as the Fed prepares to unwind its massive balance sheet, there will be pressure on both interest rates and mortgage spreads. In terms of the stocks versus bonds debate, he notes that the equity market is embracing President Trump's pro-business agenda, while bonds are more mixed. O'Neil then says that low rates in Europe and Asia are driving overseas demand for US rates. Lastly, he says that corporate credit spreads are priced...
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  • Hedge funds lobby scrambles for a voice in FCA fee plans

    3 days ago - By eFinancial News

    The regulator set up a working group to look at fee disclosure following its wide-ranging view of the asset management sector in June
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  • SoftBank is reportedly considering a $300 million investment in DoorDash

    3 days ago - By Chron

    Getty
    SoftBank is considering putting around $300 million into US food startup DoorDash.
    The Japanese tech giant has a $98 billion fund to invest in promising tech companies worldwide.
    DoorDash competes with the likes of UberEats and GrubHub.
    SoftBank is mulling a $300 million investment in food delivery service DoorDash, according to a Recode report on Friday.
    The investment would reportedly come from SoftBank's $98 billion "Vision Fund," which was announced last October. The fund has been backed by companies like Apple and Sharp, as well as the Saudi Arabia sovereign wealth...
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  • SoftBank is reportedly considering a $300 million investment in DoorDash

    SoftBank is reportedly considering a $300 million investment in DoorDash

    3 days ago - By Business Insider

    SoftBank is considering putting around $300 million into US food startup DoorDash.
    The Japanese tech giant has a $98 billion fund to invest in promising tech companies worldwide.
    DoorDash competes with the likes of UberEats and GrubHub.
    SoftBank is mulling a $300 million investment in food delivery service DoorDash, according to a Recode report on Friday.
    The investment would reportedly come from SoftBank's $98 billion "Vision Fund," which was announced last October. The fund has been backed by companies like Apple and Sharp, as well as the Saudi Arabia sovereign wealth fund.
    DoorDash was...
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  • Hedge fund manager pays himself £270 million - £70 million more than his fund's profits

    Hedge fund manager pays himself £270 million - £70 million more than his fund's profits

    3 days ago - By Business Insider

    Hedge fund manager Sir Chris Hohn paid himself £270 million in dividends last year, despite his Children's Investment Fund making only £200 million in profit.
    The news comes amid concerns about high levels of executive pay and bonuses.
    However, it is understood Hohn reinvested most of the money back into the fund.
    LONDON - Hedge fund manager Sir Chris Hohn paid himself £270 million last year, despite his Children's Investment Fund making only £200 million in profit.
    According to accounts filed with Companies House and reported by The Guardian, Hohn, the sole shareholder, collected $364...
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