Once considered a cash cow by dealmakers, PIF has slowed spending on global investments, bankers say
Apply for a place in the sixth annual FT ranking of companies in north, central and South America
Private company shutdowns jump compared with last year despite AI funding frenzy, threatening millions of jobs at VC-backed firms
Almost 140 funds have underperformed their benchmarks
Move follows a big gain in the group’s share price
Plus: Balfour Beatty and Marshalls — companies analysis from Investors’ Chronicle, our sister publication
Turmoil suggests asset prices might not have been in the right place to begin with
Up-to-date tax-efficient savings deals
Study suggests high-emitting companies are treated as riskier borrowers
New data shows the wealthiest have more than £750,000 in their accounts — but you don’t have to be a millionaire in the making to enjoy the fruits of tax-free savings
We need to retire State Street
Boosting investment returns sure beats working for longer in order to retire
Fund debut comes despite closure of similar products by rival managers
Early backer of artificial intelligence pioneers has raised largest fund of its kind
Funds have taken aim at US regulator’s authority in challenge to rule that would have forced greater transparency
Sales of equity ETFs dipped as markets began to look more ‘vulnerable’, according to LSEG Lipper
Early exits for hotly-tipped companies including Inflection and Character. AI highlight challenge for founders as costs rise
Four reasons why the ‘rope-a-dope’ strategy should narrow a valuation gap with a growth-orientated approach
Deal for shared ownership homes is buyout group’s first sale from its growing UK residential portfolio
Inflows have remained modest for most managers even though there have been many more launches
Publicly reported divestment decisions remain rare despite activist campaigns
New tools for financial analysis could dampen the need for technical processing ability in new hires
Conversions of separately managed accounts are taking place in both the US and Europe, suggesting demand is growing
VC funding points to capital returning to Europe as interest in region grows
Adoption of a new reporting baseline will benefit boards and investors alike
