Thu, Jan 17 2019

THE TRADE war between the United States and China is set to heat up. On March 2nd Donald Trump is scheduled to increase American tariffs from 10% to 25% on $200bn of imported Chinese goods. Last week representatives from the two sides held…

The Financial Times – Owen Walker – Jan 16, 4:01 AM

BlackRock's turbo-charged growth of recent years went into reverse last year, as the world's biggest manager suffered a 5 per cent fall in assets under management. The New York group, which last week announced 500 job cuts globally, saw its total…

Playroom-style workspaces must be falling out of favour in Silicon Valley. Three months into my time here, there have been zero invitations to step into a Super Mario-themed meeting room or sit on beanbags in a ball pit. So far, the tech company…

The Financial Times – Robin Wigglesworth in New York – Jan 15, 9:17 PM

DE Shaw, the $50bn New York hedge fund group, has appointed a new co-head of its rapidly-growing, more traditional investment operations, DE Shaw Investment Management. The unit, called DESIM, manages over $20bn across a range of quantitative…

John “Jack” Bogle, founder of Vanguard and creator of the world's first index fund has died at the age of 89. John Clifton Bogle became one of the greatest men in the history of investing by ripping asunder the “great…