Schroders considers acquisitions to expand wealth division
Asset manager that agreed its own £10bn sale to Nuveen wants to refocus on very wealthy clients
UK
Dubai’s $6bn island dream meets the reality of war
Ailing luxury developments on emirate’s man-made archipelago reflect strains on wider real estate sector
CVC faces shareholder revolt over €10.7bn Recordati take-private
Investors accuse private equity group of pressuring them into selling at ‘lowball’ price
Boom-era PE funds will fall short on promises, executives warn
Returns from funds launched during the frenzied period of 2019 to 2021 are likely to struggle to meet expectations
Canada seeks $1tn from investors looking for a haven from Trump
Prime Minister Mark Carney hosts a summit to put money behind his plan to decouple from an increasingly hostile US
St James’s Place looks to reassure advisers following departures
The wealth manager will scrutinise growth plans and aim to boost adviser morale
MFS administrator steps down amid creditor pressure
Nimish Patel of Coots & Boots discharged as joint administrator of entity in collapsed property lender’s empire
Chinese crypto investor was seller of £190mn London mansion
Leon Li’s ownership of Regent’s Park home had remained obscured despite UK push for transparency
Early SpaceX investor Atreides hires co-CIO of Lone Pine
Kelly Granat to join tech-focused investment firm set up by former Fidelity Investments star stock picker Gavin Baker
JPMorgan cut off Situational Awareness lending after AI losses
Leopold Aschenbrenner’s hedge fund previously shed billions of dollars during sell-off
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