Wealth

A drive for ever-bigger workplace pension schemes risks concentrating too much power in a few hands

As cracks appear in the world of private credit, investors are rediscovering the virtues of publicly traded debt markets.

The advent of the AI era is canceling out some of the inflationary impact of the energy price surge from the Middle East war, helping markets absorb the shock, Norway’s sovereign wealth fund Chief Executive Officer Nicolai Tangen said.

The US-Iran war, equity market turbulence and rupee pressure have added new uncertainties to Indian markets. Four financial experts weigh in on how to invest and earn better returns right now.

Oil volatility from the Iran war had until recently lifted the fortunes of Fan Hongwei and her husband, Chen Jianhua, who together built Hengli Group into one of China’s biggest energy companies.

EssilorLuxottica SA heir Leonardo Maria Del Vecchio agreed to buy two of his siblings’ stakes in the family holding company for about €10 billion ($11.7 billion), people familiar with the matter said, becoming the largest single investor in the Ray-Ban empire built by his father.

Trade groups representing major retail chains including Walmart Inc. told a federal judge that they opposed a proposed $200 billion settlement in a longstanding antitrust suit against Visa Inc. and Mastercard Inc. over so-called swipe fees.

Ardian is preparing to raise its next secondaries fund after amassing a record $30 billion last year to buy stakes in portfolios of other private-asset managers, according to people familiar with the matter.

Brazil’s decision to block access to top prediction market sites over illegal gambling concerns hits particularly close to home for one of the world’s youngest billionaires, Brazilian Luana Lopes Lara, co-founder of Kalshi.

Less than two years after launching his multistrategy hedge fund, industry veteran Bobby Jain has concluded that collaboration — not competition — is his best shot at survival in a world already owned by the likes of Millennium Management and Citadel.​​​​​​​​​​​​​​​​

Britain has an inflation problem, and the trouble is that politicians are only making it worse.

EssilorLuxottica SA heir Leonardo Maria Del Vecchio has reportedly reached agreement to buy out two of his siblings, sealing a deal valued at about €10 billion ($11.8 billion) that will make him the largest shareholder in the Italian family’s Ray-Ban empire.

People are often too rigid with their long-term savings benchmarks. Experts say it’s a costly mistake.

The private credit market has grown enormously fast in recent years — so much so that by some estimates it’s now bigger than the market for junk-rated corporate bonds. So what’s driven all that growth? What impact has private credit had on other types of corporate debt? And why are there so many concerns around the space right now? In this episode, we speak with John Sheehan and Craig Manchuck, two veteran portfolio managers for the strategic income fund at Osterweis Capital Management. We talk

John Devaney has made and lost fortunes trading housing bonds.