Author: Jordan

The gap points to two shifts underway in the business development company sector. Retail investors are increasingly realizing that exiting these vehicles takes far longer than getting into them, pushing more to request withdrawals. Meanwhile, fund managers are preparing for an extended stretch of heavy redemptions. Blackstone, which met all redemption requests in the first quarter, has since capped withdrawals at 5% to protect capital for future demand. Requests jumped across most major managers, including Apollo Global Management, Ares Management and BlackRock’s HPS credit arm, all of which had been relatively insulated earlier in the year. Blue Owl, long the…

Donald Trump made $1.4bn (approximately £1bn) from his cryptocurrency dealings in his first year back in office, in what his former White House lawyer has described as part of “the greatest onslaught of corruption in the history of mankind.” Overall, Trump pulled in at least $2.2bn (£1.65bn) from his vast holdings, including real estate assets, in 2025. By comparison, his enterprises pulled in $662m (£495m) in 2024 before he returned to the presidency.  The US president – who denies any wrongdoing – received around $500m (£374m) from $WLFI, the digital currency sold by his family’s main crypto firm World Liberty…

UIA World Congress of Architects 2026 Barcelona Eduardo Souta de Moura receiving the UIA Gold Medal from UIA President Regina Gonthier (Photo: John Hill/World-Architects) In a ceremony at the Basilica of the Sagrada Família on the evening of June 30, the International Union of Architects (UIA) presented the UIA Triennial Awards and the UIA Gold Medal, the latter to Portuguese architect Eduardo Souta de Moura.Barcelona is hosting the UIA World Congress of Architects the same year the Catalan city is celebrating the legacy of architect Antoni Gaudí, who died one hundred years ago, and has inaugurated the Tower of Jesus…

Skipton Building Society said it had seen a 1,384% uplift in the number of Lifetime ISA (LISAs) openings in the first weekend following the announcement of the new version. Last week the government unveiled details of the new First Time Buyer ISA (FTB ISA) which will replace the LISA and will be scrutinised under a consultation before being formally launched at a future date. What is the FTB ISA and how does it differ from the LISA? Much like its predecessor, the new version will be a government-backed account to support savers to buy their first home. Unlike the LISA,…

Analyzing the Procedural Failures of the 2019 Infrastructure Transaction, the Role of the Ministry of Finance, and the Legal Imperatives for Sovereign Risk ManagementIn the architecture of a progressive democratic state, the management of public capital demands administrative precision, institutional discipline, and unyielding transparency. The management of state resources cannot be left to administrative discretion or political urgency; it must be anchored strictly within statutory boundaries. The recent High Court ruling dismissing the “no-case” submission in The Republic v. Solomon Asamoah & Prof. Christopher Ameyaw-Akumfi brings these foundational tenets into sharp focus. Far from an early determination of guilt, this…

AMP Ltd. (ASX: AMP), one of Australia’s largest asset managers, has removed government bonds from some of its retirement funds amid concerns over their diminishing role as a portfolio diversifier. The firm, which oversaw A$162 billion ($112 billion) as of February, no longer holds sovereign debt in retirement portfolios designed for younger investors. AMP has also cut bond allocations across other funds over the past six to 12 months, according to Chief Investment Officer Anna Shelley. The company has shifted toward corporate credit while seeking greater exposure to commodities and agriculture to better protect portfolios against volatility. “The main thing…

ModaMortgages has reduced rates across a number of two and five-year fixed rate products in its limited edition buy-to-let range. The latest changes see five-year fixed rates at 75% LTV reduced by 10bps, while five-year 80% LTV standard products have been cut by 5bps.  Rates now start from 4.84% for standard properties and 4.94% for small HMOs and MUFBs. Across the two-year range, rates at 75% LTV for both standard properties and small HMOs and MUFBs have also reduced by 5bps, with rates starting from 3.29% and 3.39% respectively. The lender continues to offer free valuations and no…

CALGARY, Alberta – Touchstone Exploration Inc. (TSX, ) disclosed that Paul R. Baay, the company’s President and Chief Executive Officer, purchased 183,800 common shares on Wednesday, according to a press release statement. The transaction was executed on the Toronto Stock Exchange at a price of C$0.135 per share. Touchstone Exploration is a Calgary-based company engaged in petroleum and natural gas exploration, development, production and sale. The company operates onshore properties in the Republic of Trinidad and Tobago. The disclosure was made in accordance with the UK Market Abuse Regulation requirements for transactions by persons discharging managerial responsibilities. This article was…

Consider these six tips to keep your cards and finances secure the next time you go travelling (Alamy/PA) (Alamy/PA) Restaurant recommendations, the best beaches and museum trips all feature highly on travellers’ to-do lists, but often money safety gets left behind. But this gap can be costly as travellers can unnecessarily lose money to card providers with steep foreign transaction fees, and just as often inadvertently make themselves easy targets for thieves. Andrew Hagger, personal finance expert at Money Comms, says the real danger is psychological: holidaymakers let their guard down precisely when they should be most alert. (Andrew Hagger/PA)…

Samsung Asset Management to boost infra exposure Infrastructure Investor Source link