by Sebastian | Jan 3, 2022 | News
Investors’ search for higher yields and Wall Street’s shift to a new interest-rate benchmark powered a record year in sales of collateralized loan obligations—securities made of bundles of low-rated corporate loans. Asset managers including Ares Management and PGIM...
by Sebastian | Jan 3, 2022 | News
The Federal Government says it expects $40bn in private capital investments in digital infrastructure by 2025. The government disclosed this in its ‘National Development Plan 2021-2025: Volume I.’ It said, “To achieve the goals outlined in the sector, the estimated...
by Sebastian | Jan 2, 2022 | News
One of Britain’s most acquisitive insurance companies has struck a £400m deal to snap up the group which distributes policies for the likes of Marks & Spencer and the RAC. The price being paid by Markerstudy, which is expected to be funded in part by a...
by Sebastian | Jan 1, 2022 | News
The former chief executive officer of Sony Computer Entertainment America, who helped make the PlayStation a popular gaming console, is leading a $225 million special-purpose acquisition company that’s pursuing a deal in the video game industry. Jack Tretton, who...
by Sebastian | Jan 1, 2022 | News
Assets held by the world’s sovereign wealth and public pension funds rose to a record $31.9 trillion in 2021 thanks to rising U.S. stock and oil prices, and investments rose to their highest for several years, an annual report released on Saturday showed. The...
by Sebastian | Jan 1, 2022 | News
Private equity firm Terra Firma is in talks to sell residential property company Annington Homes, with any deal expected to value the British defence ministry’s landlord at over $12.18bn including debt, Sky News reported on Saturday. Annington is one of the...
