For decades the sleepy Long Island hamlet of Montauk and its beloved Lobster Deck resisted gentrification. Enter Wall Street heavyweight Marc Rowan
UK’s biggest DIY investment platform’s rivals offer services at ‘lower cost’
Pub chain’s sales growth continues to outstrip the rest of the market
Plus: 4 Imprint, Glencore and SIG — companies analysis from Investors’ Chronicle, our sister publication
Retail investors may be tempted to join investment business’s co-founder and stick around for a while
Also in today’s newsletter, US nuclear energy sector primed for a political boost
Consortium of private equity groups offers £11.40 a share for UK’s largest retail investment site
Plus, the grand life of tech dealmaker Sandy Robertson and the shortfall plaguing Ohio’s $94bn pension fund
The interests of investors and asset managers are difficult to align
Chief Gary Nagle is accused of using shift in investor attitudes on ESG as smokescreen for dropping plans to ditch coal business
The funding, which was co-led by Peter Thiel’s VC firm, will go towards production of autonomous weapons for America and allies
‘Covered call’ ETFs were supposed to be a goldilocks investment but are not immune from sharp downturns
Buying frenzy highlights exuberance that gripped markets before this week’s sharp sell-off
Enthusiasm is hardly overwhelming a year on from the Mansion House agreement
Announcement by chancellor Rachel Reeves comes amid global drive to increase transparency of sector
First such collaboration between western and Gulf states to challenge Asian nation over supply of clean energy minerals
Greg Coffey’s hedge fund made hundreds of millions of dollars in recent sell-off
Bout of volatility problematic for industry already struggling to find successful exits to recycle cash into new deals
Private equity group’s offer values FGS Global at about $1.6bn
Australian bank is championing the renewables revolution but has yet to abandon its support for the oil and gas sector
Preserving the best parts of the business model while bringing in cash will be required to make this trend add up
Executives at Abu Dhabi’s $300bn fund lead restructurings and management changes as valuations sink
About 58% use them in their portfolios, versus 47% of Generation X and 37% of Baby Boomers
CFO cautions that outlook could turn less positive if markets enter extended downturn after turmoil
Protection against currency swings is expensive for investors in emerging markets
