Good article by @lexiter.ft.com. CPPIB is the main target of criticism here (understandable as it’s for the whole country). A big change at CPP came a decade of so ago with a moved more active management - may be part of the issue.

Tony Tassell@tonytassell.bsky.social · 3mo ago

Canada's pension funds have been dubbed revolutionaries and a model for the rest of the world for 30 years. Now though @lexiter.ft.com points out they have stumbled with their heavy bets on private equity amid questions about their competitive advantage in the asset class www.ft.com/content/18db...

Canada's pension funds have been dubbed revolutionaries and a model for the rest of the world for 30 years. Now though @lexiter.ft.com points out they have stumbled with their heavy bets on private equity amid questions about their competitive advantage in the asset class www.ft.com/content/18db...

Canada’s Maple revolutionaries in pensions feel the strain

Lacklustre private equity returns weigh on recent performance of a sector leader and others

ft.com

Always fun to join Katie and Rob on the Unhedged podcast!

Katie Martin@katie0martin.ft.com · 8mo ago

🏆👂POD TIME👂🏆 Stock-picking competition edition! Me, @lexiter.ft.com and @robarmstrong.bsky.social on: -what was hot/not in 2025? 📈📉 -have I reclaimed a shred of dignity? 😭 -crucially: did I beat Rob? 😬 -who the hell had the brains to buy silver miners a year ago?? 🤓 www.ft.com/content/5fec...

FT comments are so worth the price of the subscription. This was under my piece on the vintage champagne market: Struggling vintage champagne market begins to fizz again - as.ft.com/r/889386e5-7... via @FT

Emerging markets are not the exotic, risky bets they once were. on.ft.com/4mQV26r

Fiscal dominance and the unexpected rise of emerging markets

[FREE TO READ] Developed markets have a debt problem — some investors are looking elsewhere

on.ft.com

I feel like there’s two “25 years ago”s and one of them is the year 2000 where we had like computers and the internet and email and shit and the other one “25 years ago” is a mixture of 1978 and somewhere around 1800

Excellent on the quiet rivalries between museums.

Josh Spero@joshspero.ft.com · last yr.

Story number three! —> In the battle of BM vs V&A over the Bayeux tapestry, are there any winners? (Yes, the BM, but still) on.ft.com/3U74giF

Total assets held in tokenised Treasury products are booming this year. Investors pile into tokenised Treasury funds - on.ft.com/4nAS8E0 via @FT

Investors pile into tokenised Treasury funds

[FREE TO READ] Stablecoin issuers and traders are attracted by yields on offer and potential use as collateral in some derivatives transactions

on.ft.com

FT Wealth is out in today’s paper, with a fresh redesign and fabulous stories, from India’s Instagram prince to the chances of a billionaire tax. You can read all the stories here too www.ft.com/ft-wealth

Bond vigilantes need not patrol in Argentina. Trump ally Milei issues popular international bond which is offered in dollars but pays in pesos. on.ft.com/4dJ99Yq

Argentina raises $1bn in international bond auction in boost for Javier Milei

[FREE TO READ] Peso-denominated sovereign bond offered in dollars will increase country’s foreign currency reserves

on.ft.com

Strange times in the crude market. Here's my take for @alphaville Oil’s gone weird - enterprise-sharing.ft.com/redeem/e9dc4... via @FT

Oil’s gone weird

[FREE TO READ] Opec’s last dance to keep inventory under control

enterprise-sharing.ft.com

“It’s their getaway money” Great piece from @marymcd.bsky.social and @emdunks.bsky.social UK wealth managers say American clients are moving money to Britain - on.ft.com/4i2PXoM via @FT

UK wealth managers say American clients are moving money to Britain

[FREE TO READ] Response to Donald Trump’s second term has been greater, according to executives

on.ft.com

USA, USA, USA!

Katie Martin@katie0martin.ft.com · last yr.

What I think you mean to say here is that global markets respond as the impact of America's renewed greatness takes hold

pffft 31% tariffs on Switzerland… bad news. they’re still not moving the Patek atelier from Plan-les-Ouates to Michigan

2010s Trump tariffs: Vietnam and Malaysia become third countries of choice for rerouting exports to the US. 2020s Trump tariffs: Er… the UK and Brazil?

Gold Standard? It's the non-standard practices that squeeze prices up. Gold’s triangular trade booms under threat of Trump tariffs - on.ft.com/4kPTwkL via @FT

Gold’s triangular trade booms under threat of Trump tariffs

[FREE TO READ] Swiss refineries are working 24 hours a day to resize gold bars headed from London to New York

on.ft.com

Global vineyard values tumble as falling wine consumption hits industry—Wine producers are battling shifting tastes, with younger generations increasingly opting for different beverages or shunning alcohol altogether. www.ft.com/content/8cb9... @lexiter.ft.com @financial-times.bsky.social

Global vineyard values tumble as falling wine consumption hits industry

Winemakers are battling shifting tastes among younger generations and lower prices caused by oversupply

ft.com

No lingering over a few starters allowed! Top London restaurants adopt minimum spend to deter bots and influencers - on.ft.com/4kaGttZ via @FT

Top London restaurants adopt minimum spend to deter bots and influencers

[FREE TO READ] Gymkhana, Dorian and Hutong among capital’s eateries combating ‘reservation-squatting’

on.ft.com

Really, this about a perceived Fed put option. The notion that interest rates are high enough to be slashed in a crisis: on.ft.com/42NABAM

Why speculators are still running wild when money is no longer free

Something even bigger than AI and the Trump effect is at work

on.ft.com

Some people fear volatility, while others embrace it. How investors can harness Trump-induced volatility - on.ft.com/3Q7ye49 via @FT

How investors can harness Trump-induced volatility

Some want their portfolio to take cover with cash or gold — for others, it’s a huge buying opportunity

on.ft.com

What’s behind the boom in car parking charge tickets? on.ft.com/4gCAbAB

I marvelled at the crystalline voice of Tamara Lindemann, lead singer of The Weather Station, last night at @roughtraderecords.bsky.social in Shoreditch.

Iran sent into space its heaviest-ever payload using the Simorgh carrier rocket including an advanced module for transferring satellites to higher-altitude orbits, state television reported reut.rs/49nuLqO

Iran launches advanced module to deploy satellites to higher altitudes, media say

Iran sent into space on Friday its heaviest-ever payload using the Simorgh carrier rocket including an advanced module for transferring satellites to higher-altitude orbits, state television reported.

reut.rs

Boy, this is a popular subject! Had a lot of reads for my story on CFA exams on.ft.com/4fRW8vT

Number of candidates sitting chartered financial analyst exams falls sharply

[FREE TO READ] Changes in asset management industry threaten relevance of CFA qualification

on.ft.com

A fast growing industry is now struggling. The English winemakers pressed by Budget tax changes - on.ft.com/3Zc2JtR via @FT

The English winemakers pressed by Budget tax changes

[FREE TO READ] Rachel Reeves’ measures on national insurance and inheritance left a sour taste in producers’ mouths

on.ft.com

They're hardly has beens. Great show from Been Stellar at @scalaio.bsky.social.

A wonderfully bananas Lex note on the newly polished status of cryptocurrency. Bitcoin and bananas add a new twist to conspicuous consumption - on.ft.com/4i59w0X via @FT

Bitcoin and bananas add a new twist to conspicuous consumption

[FREE TO READ] Both have joined the elite world of useless objects that get desirable as they get pricier

on.ft.com

Bluesky now has over 10 million users, and I was #2,970,909!

Not every Budget deserves oohs and aahs, but this one did. on.ft.com/4hnC0CV

What the Budget means for your money

[FREE TO READ] Key measures on tax, investments, pensions and property

on.ft.com