KIA reportedly made "calculated exits" from investments it felt were vulnerable to a downturn in global financial markets The post Kuwait sovereign fund in portfolio shift on signs of global economic weakness appeared first on Gulf Business.
Iran has warned the United States against any new attempt to seize an Iranian oil tanker in open seas after it left Gibraltar, the Iranian Foreign Ministry spokesman said on state television on Monday.
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BlackRock Inc's new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million stake in Authentic Brands Group LLC, making it the largest investor in the U.S.-based entertainment company, the fund said on Sunday.
The suspension of the Woodford Equity Income fund is set to spark an industry-wide review of authorised corporate directors (ACDs) headed up by the FCA, following scrutiny of their role in the scandal by politicians, regulators and industry executives.
Now that legal scholars have picked over the SEC’s Reg BI rule, they say changes from earlier drafts significantly weaken standards governing investment advisors and lowers protections for RIA clients.