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A new book argues that the low cost of green energy is not always an asset
Accounting firm recently agreed to sell a majority stake to New Mountain Capital
UK investors still cannot invest direct
Plus, Elliott’s caught in an AC Milan legal battle and Byju’s investors try to oust its founder
As bidders circle undervalued London-listed companies, are there really bargains for private investors?
Good governance is not necessarily a guide to a company’s environmental credentials
US firm is battling former Italian partners, prosecutors and police over €1.2bn sale of football club in 2022
Plus, a potential paper bidding war reignites M&A optimism and Sweden’s Fortnox attracts short seller scrutiny
Launches are both high income products that use dividend-paying stocks and index call options
Regulator extends rules for 18 months to fix Brussels’ legal misdrafting
Liberty Media in exclusive talks to buy the Madrid-based company behind the motorcycle racing series
David Gross appointed to jointly lead the private equity group from April
Also in today’s newsletter, Larry Fink embraces ‘energy pragmatism’
Officials escalate warnings about leverage, transparency and valuations
How to navigate the opportunities and challenges posed by a technology few can afford to ignore
Appeals court says group’s practices troubling enough to reverse previous decision over former senior partner
Only 52% of vehicles that cut fees over the past five years saw increased flows, about the same as for all ETFs
Overall funding for the high-risk asset class has fallen in the past year
Despite the trusts’ efforts, their shares continue to trade at discounts to net asset value
Retailer Shein is under attack from French lawmakers as it gears up for a public listing
Plus, death of the mutual fund, cheap UK stocks, and Portraits To Dream In
After a plunging stock market sent ETF pricing into turmoil, Beijing has attempted to shore up the sector
Setbacks for European PE-backed insurers fuel warnings over ownership shift
US-style ‘spot’ funds are not available to retail customers on the continent — but similar products are
Early movers profited from unloved assets, but higher interest rates and more competition mean windfalls will become harder to achieve
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