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Plus, cash piles up, investing in classic cars, and school’s out for summer
Plus, a small-cap legend retires, the march of India’s stock market, and Antony Gormley at Houghton Hall
Plus, Milan’s momentum, Turkish lira trade, and Accidentally Wes Anderson
Plus, ECB warns on shadow banking, pension plan fees, and Sir Henry Raeburn’s portraits
Plus, Blackstone’s ‘circular’ credit risk deals, active bond ETFs boom, and the Yoshida dynasty at Dulwich Picture Gallery
Plus, Boaz Weinstein vs BlackRock, private equity’s march in the UK, and summer reading recommendations
Also in today’s newsletter, flight of the non-doms, EM currencies suffer, and Paula Modersohn-Becker at the Neue Galerie New York
Plus, France’s far right, Blackstone’s vast carry, and private equity spoils
Plus, ESG fund outflows, bets against European government bonds rise, and Alidad at WOW!house
Plus, Tesla’s retail investor hurdle, Nvidia surges, and Chatsworth revisited
Plus, Pierre Andurand’s copper conviction, private equity curtails hedge funds, and Fragile Beauty at the V&A
Plus, Calpers’ green investments, easing financial conditions, and Enzo Mari at the Design Museum
Plus, problems at SJP, Italian household debt, and Julie’s restaurant reopens
An FT series explores the company and management team that will one day lead Berkshire into a new era
Plus, Monaco comes to Warrington, US stocks rise with the dollar, and Expressionists at Tate Modern
Plus, BlackRock’s bitcoin bonanza, hedge funds on the high seas, king dollar and, finally, some tiresome hipsters
Plus, booming private equity secondaries, UK investment trusts struggle and Brâncuşi at the Centre Pompidou
Plus, death of the mutual fund, cheap UK stocks, and Portraits To Dream In
Plus, US settlement reform, record low US options, and Frank Auerbach at The Courtauld Gallery
Plus, Abrdn cuts, the case for private equity, and Izakaya at Dream
Plus, transatlantic remuneration wars, St James’s Place tumbles, and the mobile museum comes to England
Plus, crisis at Hargreaves Lansdown, European junk bonds, and buzzing urban escapes
Plus: Treasury dealer rule, stocks and bonds diverge, and Dennis Severs’ House
Plus, ‘Meme-lord’ unmasked, decline of the star stockpicker, and behind the scenes at the Jaipur Literature Festival
Plus, Cathie Wood hits the comeback trail and bonds are back