Abu Dhabi state fund Mubadala Investment Company has committed $1 billion to U.S.-based Blue Owl Capital’s credit platform under a strategic partnership announced by the two companies on Monday.
London-based investment manager Lansdowne Partners will launch a long-only retail version of its flagship Developed Markets Fund, according to an investment presentation seen by Reuters on Monday, in a further departure from its hedge fund past.
Truist Financial Corp is planning “sizable reductions” to its workforce from the third quarter of 2023 to the first quarter of next year to trim costs, the bank disclosed in a regulatory filing on Monday.
Kotak Institutional Equities, on Monday, stopped recommending Indian mid-cap companies since it could find no stocks, other than a few in the financial space, with room to rise following the index’s record-breaking rally this year.
Reuters spoke to four shareholders that have launched activist campaigns who said that some big consumer goods companies are ripe for executive changes after failing to impress.
French lender Societe Generale and asset manager Brookfield Corp plan to launch a private debt fund targeting total volume of 10 billion euros ($10.73 billion) over the next four years, they announced on Monday.
The idea that investment opportunities in China have met their demise is probably overhyped, said Jenny Johnson, president and chief executive officer at global investment management firm Franklin Templeton.
Russia’s state-owned VTB bank will make a record profit this year, even though dividends are unlikely, the lender’s CEO Andrei Kostin told Russian newspaper RBC in an interview published on Monday.
Five candidates have come forward for the post of president of the huge European Investment Bank, Belgian Finance Minister Vincent van Peteghem said on Friday, the first of several top European Union jobs which member governments will haggle over in the next 12 months.
