The Dutch asset manager joins growing number of active managers to enter exchange traded fund industry
Plus, Britain’s oldest private equity firm attracts a short seller and corporate debt grows as private credit groups allow deferred payments
British firm 20VC pulls in $400mn to invest in early stage tech start-ups
Industry adopts low-carbon goals it once shunned as natural disaster losses exceed $100bn a year
Deal could be among year’s largest private equity buyouts as contact-lens maker looks to split from indebted parent
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy
Keeping it local
Countries exiting restructurings have lower ratings than in the past and may struggle to access capital
Plus, CIA interrogation techniques, UK investors warming up to remuneration and nerves in French government bonds
Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest rates
ProcureAM’s $3mn FIXT fund, which invests in natural disaster recovery, has been unable to attract investors
California retirement fund among investors drawn to power company for its software and green focus
Funds turn to external managers after other revenue sources faltered
The UK’s oldest buyout group has become heavily dependent on Dutch retailer Action that makes up two-thirds of its portfolio by value
The firm, which officially launched in January, has already taken stakes worth $5bn this year
US asset manager has become largest shareholder in UK’s biggest brickmaker
The Packers’ shareholders are happy to be paid in the joys of fandom
Fixed-income ETFs see record inflows as investors seek steady returns and hedge against a stock sell-off
Prices for the metal have shot up this year even as inflation risks have receded, prompting calls to give it more respect
In many cases, it’s best — financially — to go your separate ways
Move follows release of debut half-year results
Publicans fear the impact of a proposed smoking ban in gardens
Up-to-date tax-efficient savings deals
Households and the UK economy would be better off if cash piles were made to work harder
US private equity group nears deal for pharma spin-off after edging out PAI-led consortium
