 | | | | Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp's board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on. | | | | | | Electric vehicle infrastructure, top-end offices and industrial metals - with a resurgence in inflation seemingly on the horizon, investors are slashing their exposure to bonds in favour of "real" assets. | | | | | | For decades New York's bankers and fund managers have accepted the city's high tax rates as a part of working in the world's premier financial capital. | | | | | | Morgan Stanley sold about $5 billion of Archegos' stocks the night before the fire sale hit rivals, CNBC reported on Tuesday, citing people with knowledge of the trades. | | | | | | Genstar Capital, which is focused on investments in financial services, healthcare, industrials and software industries, said on Monday it had raised more than $10 billion for its tenth flagship fund. | | | | | | TOKYO/ZURICH (Reuters) -Credit Suisse shares rose on Thursday, ending a losing streak in which they shed close to a fifth of their value, though the lender is yet disclose how much it lost in trades for stricken U.S. fund Archegos. | | | | | | The Commodity Futures Trading Commission (CFTC), the top U.S. swaps regulator, should reverse its loosening of oversight of family offices, a Democratic commissioner said on Thursday in response to the blowup of Archegos Capital. | | | | | | The Biden administration's $1.9 trillion stimulus plan and expectations of rising inflation helped bolster the performance of fund managers who made bets on economically-sensitive cyclical or small-cap companies in the first quarter of the year, Morningstar data showed. | | | | | |
