HSBC trader defends Cairn currency deal in ‘front-running’ trial
Mark Johnson tells New York court profit from $3.5bn transaction was ‘fair all round’Source: https://www.ft.com/content/32977e3a-aec2-11e7-beba-5521c713abf4
Jupiter’s increasing fund balances make a case for fulcrum fees
Fund manager might legitimately charge a little more if it followed suggested reformsSource: https://www.ft.com/content/cdbebea0-ae81-11e7-aab9-abaa44b1e130
BlackRock assets on cusp of hitting record $6tn
Nearly $1.5bn a day is flowing into mainly passive funds run by giant asset managerSource: https://www.ft.com/content/45adc48a-aea8-11e7-aab9-abaa44b1e130
The activist investment trade is getting crowded
Asking for cost cuts, leverage and buybacks is not enoughSource: https://www.ft.com/content/5a004bc2-ae96-11e7-aab9-abaa44b1e130
Neil Woodford: ad hominem
Betting against the star fund manager is unlikely to work in the long termSource: https://www.ft.com/content/74bb7bb8-ae9a-11e7-beba-5521c713abf4
Women under-represented in alternative asset industry
Study finds that only one in 10 senior staff at such companies is femaleSource: https://www.ft.com/content/e0008a16-ae9b-11e7-aab9-abaa44b1e130
Elliott Management takes stakes in GEA and Smith & Nephew
Hedge fund’s move comes as US activists turn to Europe for more opportunitiesSource: https://www.ft.com/content/2a8ae124-ae8a-11e7-aab9-abaa44b1e130
Bawag: Austrian school
The restructured bank could teach German peers about cost-cuttingSource: https://www.ft.com/content/af62b8ac-a8f6-11e7-ab55-27219df83c97
Hargreaves Lansdown enjoys growth in assets and clients
Online funds supermarket signs up 30,000 new customers in the third quarterSource: https://www.ft.com/content/382d69e4-ae78-11e7-aab9-abaa44b1e130
Jupiter Fund Management sees solid inflows in the third quarter
UK fund manager says £1.3bn in new money invested in three months to end-SeptemberSource: https://www.ft.com/content/24bd75be-ae75-11e7-beba-5521c713abf4
US bank earnings season: the four key questions
Analysts expect only modest growth in overall profits from a year earlierSource: https://www.ft.com/content/34564122-ae07-11e7-aab9-abaa44b1e130
Greybull eyes profit from Monarch collapse
Private equity group in line to gain from airline’s failure, FT calculations showSource: https://www.ft.com/content/a2ee882c-adb9-11e7-beba-5521c713abf4
Central bankers face a crisis of confidence as models fail
The new masters of the universe are struggling to understand what makes a modern economy tick and their actions could prove harmfulSource: https://www.ft.com/content/333b3406-acd5-11e7-beba-5521c713abf4
European house prices surge raising bubble fears
Source: https://www.ft.com/content/620b114a-8cac-3895-a55d-0e1e5dca70a5
Cross-currency basis, RIP?
Source: https://www.ft.com/content/f0df78cc-3e1b-3119-9921-2bd020878a6c
Opening Quote: Jupiter’s flows prove it doesn’t need stars
Source: https://www.ft.com/content/36bb1f8a-3f53-308e-bb21-2162e30db343
Jupiter assets under management lifted by inflows, investment performance
Source: https://www.ft.com/content/af89d5ef-675c-3a46-a4d7-1b1ea91637f4
Hong Kong regulator expands IPO probe to 15 banks and securities firms
Broader listings investigation by SFC regulator follows lawsuits against UBS and StanChartSource: https://www.ft.com/content/bf266686-ae3b-11e7-beba-5521c713abf4
Hargreaves Lansdown grows assets as rivals struggle
Source: https://www.ft.com/content/199d54f4-893f-360a-820e-8b1ef05c0b2b
London housing shortage helps Telford shrug off uncertainty
Source: https://www.ft.com/content/c5e78d26-1712-3ab5-853a-23b73f401efe
Source: https://www.ft.com/stream/71a5efa5-e6e0-3ce1-9190-a7eac8bef325