Shelley Robinson

Oct 7, 2024 | bloomberg.com | Shelley Robinson

Vistry Group Plc fell by the most in eight years after the homebuilder said adjusted profit would be £80 million ($105 million) lower than previously forecast for the full year. The warning came after the company found that costs had been understated in one of its divisions, according to a statement Tuesday. The company said it has initiated an independent review of the business and made changes to the management team.

Aug 6, 2024 | bloomberg.com | Shelley Robinson

The UK government is considering the consolidation of multiple local government pension plans to pool their £360 billion ($458 billion) of assets and create a ‘Canada-style’ model, according to the Times newspaper. Chancellor Rachel Reeves, who is meeting with the head of Canada’s largest pension funds in Toronto on Wednesday, believes a single fund will drive investment into infrastructure projects and generate higher returns.

Aug 6, 2024 | flipboard.com | Shelley Robinson

The UK government is considering the consolidation of multiple local government pension plans to pool their £360 billion ($458 billion) of assets and …

Jul 4, 2024 | bloomberglinea.com.br | Shelley Robinson

Bloomberg — Os fundos de dois dos bilionários mais prestigiosos de Wall Street estenderam os retornos fortes do ano passado com mais um semestre de ganhos. A Citadel, de Ken Griffin, registrou um retorno de 8,1% em seu principal hedge fund, o Wellington, nos primeiros seis meses do ano, segundo uma pessoa com conhecimento do assunto que falou à Bloomberg Línea. O Tactical Trading Fund teve um ganho de 13,7%, acrescentou a pessoa.

Jul 2, 2024 | bloomberg.com | Shelley Robinson

Ken Griffin’s Citadel and Izzy Englander’s Millennium Management extended their year-to-date gains in June, underlining their reputations for delivering a steady stream of returns. Citadel posted an 8.1% return in its main Wellington hedge fund in the first half of the year, a person with knowledge of the matter said. Its Tactical Trading Fund climbed 2.3% in June, taking its 2024 gain to 13.7%, the person added.