The British government has unveiled the “Sterling 20”, a coalition of 20 of the UK’s largest pension funds — including Legal & General, Aviva, M&G, and the Universities Superannuation Scheme — to channel billions into UK infrastructure, housing, and innovation sectors. 📊 Key Commitments: 💬 Finance Minister Rachel Reeves: “This is about getting Britain building...
Davide Leone, founder of Davide Leone & Partners (DLP), successfully defended against multiple allegations of bullying, victimization, and discrimination brought by former senior director Jacopo Moretti at the Central London Employment Tribunal. The court found that Moretti’s dismissal was linked to prolonged ill health, not discrimination — though it ruled the termination procedurally unfair due...
World Bank President Ajay Banga underscored the urgent need for greater transparency in sovereign debt restructuring, emphasizing that clearer reporting and accountability are essential to rebuilding trust between creditors and debtors. Speaking on Friday, Banga said the Bank is working closely with the IMF and G20 partners to accelerate restructuring efforts under the G20 Common...
The U.S. ETF industry is growing at breakneck speed — but not without raising eyebrows. With over 794 new ETFs launched in the first nine months of 2025, the market is on pace to top 1,000 new products this year, surpassing all previous records and prompting warnings of a potential ETF bubble. 📈 The Expansion...
In a rare and controversial move, trustees overseeing two ETFs managed by Azoria Capital LLC have voted to liquidate and terminate both funds — the Azoria 500 Meritocracy ETF (SPXM) and the Azoria Tesla Convexity ETF (TSLV) — just months after their launch. 📉 Regulatory Filing Sparks QuestionsAccording to a filing with the U.S. Securities...
Global equity funds saw a fourth consecutive week of inflows through October 15, buoyed by expectations that the U.S. Federal Reserve will deliver a rate cut later this month after dovish remarks from Chair Jerome Powell. 💵 Flows Snapshot Meanwhile, bond fund inflows slowed to a 16-week low ( $7.97 billion ) even as investors...