Apollo’s 125-page manifesto on private credit
Plus, how UK oil majors attempted green transitions and then backed off
Plus, how UK oil majors attempted green transitions and then backed off
CEO Marc Rowan has said private equity is no longer the $900bn group’s growth driver
Fund has lower than average weighting to UK stock market
In many countries, financial knowledge is poor and savings are held in low-return products, slowing the continent’s economy
It’s been quite the year for systematic investors
A video posted on Attorney General Pam Bondi's X account shows the moment an oil tanker was seized by U.S. forces off the coast of Venezuela. U.S. Attorney General's Office/X via APThe U.S. seizure of an oil tanker off the Venezuelan coast looks designed to further squeeze the economy of President Nicolás Maduro’s country.
Also in this newsletter: broader investments for pension funds
Tycoon given even more jail time than prosecutors had requested
‘International Manager’ programme closed to new recruits as CEO Georges Elhedery reshapes Europe’s largest lender
Joint venture would have brought together two of Europe’s biggest investment groups