Best Reads

“Thames Water’s latest crop of private placement debt issues contains language to protect investors from the effect of a Labour government led by Jeremy Corbyn – and particularly, from his promise to renationalise the water companies.” – by Owen Sanderson, Silas Brown

“Expect investors rather than banks to be hardest hit by the next meltdown” – Anthony Carter

“The problem, Alix had come to believe, was that McKinsey was acting illegally.” – by Michelle Celarier  

“Over the past 10 years, Yale’s $29.4 billion endowment has earned annual returns of 7.4%, outpacing its benchmark and institutional fund indices, and adding $6.5 billion in value—roughly the size of the University of Chicago’s entire endowment –during that time. And for six of the past 10 years, Yale’s 10-year record has ranked first in […]

“Theresa May has finally lost control of Brexit after her deal was once again defeated in parliament by a huge margin on a catastrophic night for her plans.” – by Joe Watts

The relentless quest to curry favor with investment consultants – by Amy Whyte

“Temporary administrators of Banca Carige said they had to find a buyer by April for the Italian bank, after unveiling a 630 million euro ($718 million) capital shortfall” – Valentina Za

“Recovery rates likely lower in Europe but widely dispersed. Focus on absence of maintenance tests is ‘simplistic’”  – by Ruth McGavin

“Pedro Sanchez’s decision has been triggered by the defeat this week of his budget plan in Congress” – Susana Urra

“Some analysts have concluded that the company has bought recent growth rather than manufactured it” – by Joe Brennan