Emma Dunkley
@emdunks.bsky.social
Investment reporter for the Financial Times. Gooner
Fund managers prepare for ‘reckoning’ in US tech sector—The IMF, the Bank for International Settlements, the Bank of England and the European Central Bank are among those to issue warnings about valuations. www.ft.com/content/48d9... @emdunks.bsky.social @financialtimes.com
Fund managers prepare for ‘reckoning’ in US tech sector
Some investors reduce positions or buy protection for their portfolios amid concerns over valuations
ft.com
Can the world’s largest listed hedge fund rebound?-Shares in the world’s largest listed hedge fund had fallen 36 per cent in the past year, key strategies were in the red and wealthy individuals were pulling their money. www.ft.com/content/3581... @emdunks.bsky.social @financialtimes.com
Can the world’s largest listed hedge fund rebound?
Falling share price, investor withdrawals and lacklustre performance present a strategic dilemma for Man Group
ft.com
On the fight for easier access to CATASTROPHE BONDS! It's 2025: Bet on natural disasters for your retirement security. From @leeharris.ft.com @emdunks.bsky.social. www.ft.com/content/82c7...
Retail investors fight for right to bet on natural disasters
Asset managers push back against an EU attempt to curb access to fast-growing market for catastrophe bonds
ft.com
Excl: the Pru has kicked off a search to replace chair Shriti Vadera, the former government minister. She was also among the city grandees to be scouted for HSBC’s chair, but sources said she declined www.ft.com/content/7dfa... @leeharris.ft.com
Prudential launches search to replace chair Shriti Vadera
Former minister has ruled herself out of race to be new HSBC chair
ft.com
Vanguard cuts fund fees as competition in Europe heats up—Debbie Fuhr, founder of research firm ETFGI, said: “What we’re seeing is firms are trying to compete on fees because… www.ft.com/content/8663... @emdunks.bsky.social @financialtimes.com
Vanguard cuts fund fees as competition in Europe heats up
World’s second-largest asset manager estimates reduction will save investors $3.5mn a year
ft.com
Excl: L&G, one of Europe’s largest asset managers, is merging divisions and cutting jobs in an attempt to slash costs and focus on faster-growing markets www.ft.com/content/7df4... with @leeharris.ft.com
Legal & General merges divisions and cuts jobs across asset management
Move comes amid FTSE 100 company’s wider restructuring in push to acquire more private assets
ft.com
Excl: Rachel Reeves prepares to launch review of the ISA market in a move that could pave the way for a big shake up, as the government seeks to encourage savers to invest in London-listed stocks www.ft.com/content/2b0a...
Rachel Reeves prepares to launch Isa review
Treasury to begin consultation as UK chancellor looks to encourage savers to invest in domestic stocks
ft.com
Excellent reporting in today’s FT. “Get your hands off our assets.” Sincerely, The UK pensions industry. (Discuss…) @emdunks.bsky.social @georgewparker.bsky.social @henrytapper.bsky.social @stevewebb1.bsky.social @pensionsdave.bsky.social @johnralfe.bsky.social @jonstapleton.bsky.social
ICYMI: Vanguard, one of the world’s largest asset managers, has ruled out re-entering China in its big international push www.ft.com/content/35fd...
Vanguard rules out China in big international push
Second-largest asset manager has its sights set on UK, Europe, Canada, Latin America and Australia instead
ft.com
Former fund manager Neil Woodford plots comeback with investment service “W4.0” www.ft.com/content/05d8...
Neil Woodford plots comeback with new investment service ‘W4.0’
Former star fund manager will sell stockpicking strategies to subscribers six years after downfall
ft.com
New: Russia’s executions of Ukrainian prisoners point to systematic policy. Investigation with @christopherjm.ft.com @joesinft.ft.com @alisonkilling.bsky.social @digitalcampbell.ft.com @peter.andringa.me
Russia’s executions of Ukrainian prisoners point to systematic policy
[FREE TO READ] FT documentary investigates rise in cases of Russian soldiers executing Ukrainian POWs
on.ft.com
this is such a brilliant interview/profile with Peter Mandelson by @georgewparker.bsky.social www.ft.com/content/085e...
Today is the 80th anniversary of the liberation of Auschwitz-Birkenau and Holocaust Memorial Day. Please read the testimony of these survivors I had the honour of interviewing ‘I know the Holocaust happened — I was born in a concentration camp’ www.thetimes.com/article/02a0... #holocaust #hmd80
‘I know the Holocaust happened — I was born in a concentration camp’
Eighty years on, British Holocaust survivors share their harrowing stories, a stark reminder of the genocide as denial rises and witnesses dwindle
thetimes.com
I don't know how many of my followers are the kinds of people who get sizeable annual bonuses. But, if you are, do please fill in this survey for my FT Money colleague Claer Barrett: www.feedback.ft.com/rsp/5df7fef7...
feedback.ft.com
Ah, David Lynch, so sad. A mad, creative genius. Will be rewatching Mulholland Drive and Twin Peaks on repeat.
a woman in a sweater holding a log says " my log does not judge "
ALT: a woman in a sweater holding a log says " my log does not judge "
media.tenor.com
Janus Henderson’s chief exec didn’t hold back yesterday when he told a conference that activist Boaz was “very aggressive,” urging investors to vote against his takeover plans for U.K. investment trusts www.ft.com/content/2118...
Janus Henderson chief criticises ‘very aggressive’ action by hedge fund Saba
Ali Dibadj warns against ‘complacency’ as US group tries to take over the management of seven UK investment trusts
ft.com
Excl: US activist Boaz Weinstein reveals plans for U.K. investment trust takeover. He wants to be dubbed the “white knight” for British retail investors and the London Stock Exchange. But he faces a fierce backlash from the trusts www.ft.com/content/bcf0...
US activist Boaz Weinstein wants to be ‘white knight’ of UK stock market
Saba Capital founder says aim of his firm’s takeover of seven investment trusts is a new strategy to help small investors
ft.com
Blue Whale, the fund backed by billionaire Peter Hargreaves, sells major tech stocks due to concerns over their spend on AI www.ft.com/content/3781...
Peter Hargreaves’ Blue Whale sells major tech stocks over AI concerns
Fund cuts exposure to ‘Magnificent Seven’ because of heavy spending on artificial intelligence
ft.com
stoked to see business journalist of the year prize go to FT’s awesome @bondhack.bsky.social and Gill Plimmer
Vanguard has overhauled its fees for U.K. customers. “DIY” investors with less than £32,000 will now pay a £4 a month charge, or £48 a year, compared with previous cost of 0.15 per cent… www.ft.com/content/2ff7...
Vanguard overhauls fees for UK investors
£4 a month charge will make platform more expensive than rivals for those with less than £10,000
ft.com
I agree. Pay bosses more like footballers! Pay UK bosses like football stars, says Lord Spencer on.ft.com/4g4F8Cw
🚨 Some personal news 🚨 After nearly five years in Singapore reporting on politics, business, tech and finance in SE Asia, I’ll be moving on. From February I will be the @FT’s Switzerland and Austria correspondent, based in Zurich. Thrilled to be joining the Europe team.
Excl: St James’s Place, the UK’s largest retail wealth manager, is ditching its “lavish” meetings at the o2 and Gleneagles in an attempt to repair its image after years of criticism over its excessive perks www.ft.com/content/73f2...
St James’s Place ditches glitzy get-togethers in bid to improve image
Wealth manager’s opulent annual events in London and Gleneagles perceived as rewards for aggressive sales tactics
ft.com
Excl: St James’s Place, the UK’s largest retail wealth manager, is ditching its “lavish” meetings at the o2 and Gleneagles in an attempt to repair its image after years of criticism over its excessive perks www.ft.com/content/73f2...
St James’s Place ditches glitzy get-togethers in bid to improve image
Wealth manager’s opulent annual events in London and Gleneagles perceived as rewards for aggressive sales tactics
ft.com
BlackRock confirmed our scoop on HPS this morning. The deal accelerates its expansion into alternatives, moving it further beyond publicly traded equities and bonds that have powered its growth since its founding in 1988. It also sets up an interesting fight for retail www.ft.com/content/70a0...
If you read the FT, chances are the kids in your life have a decent grasp of how money works, and they have enough of it to get a proper breakfast before school. If you can, please support our charity appeal to give other children the same opportunity: on.ft.com/3Ziu5hS
Two vital interventions to boost children’s life chances
FT Seasonal Appeal backs charities devoted to financial literacy and free school meals
on.ft.com
