Add this topic to your myFT Digest for news straight to your inbox
Deal with Hong Kong-based PAG could provide exit at a discount for US pension funds
Veteran dealmaker’s consolidator reports £27mn in losses after writing down ETF business
MassMutual arm files for temporary restraining order and preliminary injunction after 20 employees defect
Lawsuit against regulator is latest against chair Gary Gensler’s reform agenda
Returns on equity are far higher than those elsewhere in the banking sector
Plus, US settlement reform, record low US options, and Frank Auerbach at The Courtauld Gallery
Bid for Virgin Money comes as Labour seeks to double the size of the co-operative and mutual financial services sector
Accounting firms, consultancies and other professional services take outside cash to fund growth
A year on from its rescue of Credit Suisse, the Swiss banking behemoth must make a success of its wealth business
The FCA has said it will allow listing requests but only give access to ‘professional investors’
Poor performance of ‘safer’ assets prompts a rethink
Deal with New Mountain Capital is largest to date as PE firms rush into accounting sector
The UK’s Labour party wants to tax carried interest as income and the measure features in Joe Biden’s campaign
John Armitt says pension schemes need to ‘find the best possible opportunity’
Assets in US index-trackers now outstrip those in stock selectors as investors opt for a smoother ride
Four of top six thematic funds by inflows this year have been AI vehicles, data shows
TikTok bill in Washington impedes path to exit investments after IPO market fizzles
Up to 40% of foreign exchange deals could be shut out of main currency settlement service, says Efama
The boutique has been a busy beast — but its share price has not budged for 5 years
Thousands of people due to gain from transfer of scheme to ‘superfund’ operator Clara
Jon Maier will head up new arm of JPM’s fast-growing exchange traded fund business
JPMorgan boss praises ‘outstanding leader’ as bank advises media group on battle with activist
Australian hedge fund Tribeca says the UK is ‘no longer the home of mining’
Payments company has become a Silicon Valley bellwether as its valuation has risen and fallen over the past few years
Litigation funding is a young industry with insecure foundations
International Edition