Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an associate professor of finance at the University of Central Florida In most industries, pay gaps between white men and everyone else are well documented. In the US, women earn roughly 80
Blaenavon Mini and Junior Rugby Club will also use the £945 it has been awarded from a fund to hire halls in two different locations to run training sessions over the winter and stated its activities will engage youngsters in team sports and improve social skills, health and wellbeing. The club is one of seven activity clubs and churches sharing in £6,180 distributed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares of the biggest private investment managers on Wall Street tumbled on Thursday after Blue Owl permanently restricted investors from exiting a debt fund for retail investors, sending shivers through the industry. The sell-off is the
The council’s leader, Councillor Jim Robbins, has proposed a motion to be considered by all councillors at their meeting next week proposing a municipal wealth fund be set up. Cllr Robbins’ motion said: “Swindon Borough Council is a major local asset owner and that the Wichelstowe Joint Venture is expected to generate receipts and/or land
Around £45m of money from investment into The Hundred teams will fund new and improved grassroots facilities as part of a major cash injection into recreational cricket. It is hoped that additional funding and support from other partners including Government, developers and other investors in communities will mean that projects worth a combined £150m can
The Trustee Committee of Vanguard AML Rupali Bank Balanced Fund, a publicly listed mutual fund managed by Vanguard Asset Management Limited, has declared no dividend for the year ended 31 December 2025, citing continued pressure on earnings despite signs of operational improvement. According to disclosures made yesterday, the fund reported a loss per unit (EPU)
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private credit group Blue Owl will permanently restrict investors from withdrawing their cash from its inaugural private retail debt fund, backtracking from an earlier plan to reopen to redemptions this quarter. The New York investment
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative
NextEnergy Solar Fund keeps dividend target Proactive uses images sourced from Shutterstock NextEnergy Solar Fund Ltd (LSE:NESF, FRA:5NE) said its net asset value fell in the quarter to 31 December after third-party consultants cut power price forecasts, while the board reiterated its full-year dividend target of 8.43p a share. Tony Quinlan, chair of NextEnergy Solar
Planned spending from Jersey’s health insurance fund (HIF) is not sustainable, the States auditor has said. The fund provides financial benefits for medical and pharmaceutical services to people with health insurance. Over recent years, more money has been taken from the fund to help reduce GP fees and make healthcare more accessible. However, in a