Asset managers may regret becoming the new banks
Alphabet soup of LDI and ESG puts BlackRock and others in the financial hot seat
https://www.ft.com/content/58eb463f-dcf2-496e-8dce-ca441dd1576f
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Broadcast Loop 18
Asset managers may regret becoming the new banks
Alphabet soup of LDI and ESG puts BlackRock and others in the financial hot seat
https://www.ft.com/content/58eb463f-dcf2-496e-8dce-ca441dd1576f
Three physicists win Nobel prize for quantum technology discoveries
Award shared for work to prove theory of entangled particles, an idea Einstein once dismissed as ‘spooky action’
https://www.ft.com/content/143e58ff-6bd7-4b05-b0a4-12fce434eb83
Everything must go – Pharrell Williams is selling off his legacy
In an exclusive interview, the musician, producer and innovator explains why he’s auctioning 20 years’ worth of sneakers, watches and jewell..
https://www.ft.com/content/642245ef-046b-47d9-a0b7-37f61c5f5d2f
UK government bond tumult ripples into US and European markets
Heavy sell-off in gilts described as a case of ‘the tail definitely wagging the dog this week’
https://www.ft.com/content/a1023b9c-bc29-48e9-b571-2fc750a5681e
Live Q&A: Ask your questions about UK mortgage rates and the housing market
We will answer your queries throughout the day on Friday September 30
https://www.ft.com/content/6dd96b0e-6b39-492e-9040-4f4b4d247a84
‘Volatility vortex’ slams into $24tn US government bond market
Key measure of turbulence in Treasuries reaches highest level since 2020 coronavirus crisis
https://www.ft.com/content/ea41ce6d-e8b2-465e-8dff-8b7fa71dc7b4
China growth to fall behind rest of Asia for first time since 1990
World Bank is latest financial institution to slash Chinese economic forecast
https://www.ft.com/content/ef425da7-0f94-484a-9f0c-40991be70ccc
Giorgia Meloni’s rightwing bloc storms to Italian election victory
Brothers of Italy leader poised to become country’s first female prime minister
https://www.ft.com/content/9b0cd8f3-61d8-410d-97c5-3756b91c24ab
Kwarteng has shaken investor confidence in the UK
Market sell-off on ‘fiscal event’ was as bad a verdict as any chancellor could fear
https://www.ft.com/content/e4c27153-455c-4ae4-aa1e-98ac34ad37f0
Private’s equity’s biggest problem
The industry is not a pyramid scheme but it might be operating in an alternate reality
https://www.ft.com/content/5608ec19-1011-49ba-ba0d-ea19d389e73b
Foreign investment grows in north of England but falls in rest of UK
Increase in FDI is only ‘notable success’ of Northern Powerhouse project, says former Treasury minister O’Neill
https://www.ft.com/content/a8ae0664-4654-4646-910e-5b63d38631e7
Three couples discuss their chemistry – in art
https://www.ft.com/content/40ca2c2b-dacd-4f54-9234-8c08560839a8
This was a railroading, electioneering mini-Budget
The stage is now set for a head-on battle between the Treasury and the Bank of England
https://www.ft.com/content/ea0771f6-25db-4ac5-b2ae-50352a7b70ac
Gilbert & George: ‘What do you think we are, middle class?’
Two people but one artist, Gilbert Proesch and George Passmore discuss Tibetan tailors, Victorian furniture and their new foundation
https://www.ft.com/content/261f9640-e298-4d7b-a7c2-30a681188b2f
Investors stand by big yen short despite BoJ intervention
Analysts say Japan’s central bank does not have enough firepower to prop up currency in long term
https://www.ft.com/content/e8a550a4-7011-4e89-99ae-f42c48d07513
Business book of the year 2022 — the shortlist
Finalists for the £30,000 prize explore the challenges of global capitalism, from energy politics to chip shortages
https://www.ft.com/content/945f4f57-90b0-4af0-a42a-86d55bbcbb75
Global stocks drop after Fed raises rates
Jay Powell warns monetary policy needs to be ‘more restrictive’
https://www.ft.com/content/925100e0-e9e0-45f3-8ad8-1648541c59bf
Why the weak yen no longer means what it once did for Japan Inc
The country’s sensitivity to fluctuations has shifted since the currency last traded this low in the 1990s
https://www.ft.com/content/9675cf79-f16d-4132-ab73-8bafa22ee4fc
‘We’re the cultural resistance’
When exhibitions have been cancelled, creatives have launched independent projects
https://www.ft.com/content/c74781a7-2bce-4031-9a41-732106905aee
Soaring US ‘real yields’ pose fresh threat to stocks on Wall Street
Investors are expecting higher inflation-adjusted returns on ultra-safe government debt
https://www.ft.com/content/4bd55556-b50c-47f0-b8cd-cccd3973df78
US lawmakers’ stock market trades targeted by ETFs
Upstart fund manager plans to piggyback on controversial transactions by politicians
https://www.ft.com/content/8053e36a-57d6-405d-8b52-cb70a366f20c
Putin, Xi and the limits of friendship
Russia’s losing war in Ukraine is also a major strategic setback for China
https://www.ft.com/content/76953b49-d7d8-48f7-9ab2-56e81ca2330a
High energy prices attract investors back to UK fossil fuel small caps
Seven of the 10 best performing stocks on London’s junior Aim market are fossil fuel companies
https://www.ft.com/content/c6c5a378-7563-4a15-adeb-592607130a10
Antique farm vehicles are ploughing their way through the world’s auction houses
https://www.ft.com/content/bcad47ff-0722-40a3-9104-d3533e403de4
The autumn men’s style special 2022
Bold styling to punch up the wardrobe and the sharpest traditional tailoring
https://www.ft.com/content/a041d71f-1b8e-4bd2-84c0-5f0a89ded6f6
Thérèse Coffey’s ‘be positive’ order angers UK health workers
New minister issues ‘patronising’ instructions, including ban on use of Oxford comma
https://www.ft.com/content/daa9976a-3035-47d9-804d-f5c7f52bdf78
Kwasi Kwarteng seeks to scrap bankers’ bonus cap to boost City of London
Move to drop EU-era law highly contentious but chancellor argues it will aid economy
https://www.ft.com/content/e5dac84e-dabf-4408-8d65-1db0ecc315c3
Uranium rallies as energy crisis puts nuclear power in focus
Fuel source still vulnerable to Russian supply risk and safety concerns
https://www.ft.com/content/ea4a7107-c443-4aa6-a2b8-94d6c55447a2
Investors may face painful adjustment to era of ‘spend but don’t tax’
Instead of tight fiscal policy and loose monetary policy of recent years, markets are being confronted with the reverse
https://www.ft.com/content/1ccc4df3-23d0-4fce-b4b6-685e680bb41c
FT Global Masters in Management Ranking 2022: Europe dominates
The continent’s business schools lead but global competition is growing
https://www.ft.com/content/70c57913-b302-43da-893d-83695324464d
Designer Alexandra Golovanoff’s guide to Paris
The founder of the eponymous fashion label discusses life on the Left Bank
https://www.ft.com/content/02732b68-cb74-4652-8ef1-46e5f67b176c
A Sceptic’s Guide to Crypto: The Church of Bitcoin
Our new podcast series asks whether crypto and its supporting technology — the blockchain — have a future following a market crash
https://www.ft.com/content/52b7553a-199d-4637-b7fe-42ae7c8aca7f
Where to power-lunch post Corbin & King
London’s luminaries nominate their next best tables
https://www.ft.com/content/72e3f252-ebe0-4652-83b9-44c8cbf8a7a4
Why are Europe’s power producers running out of cash?
Despite selling electricity at record prices, the industry is sliding into a liquidity crisis
https://www.ft.com/content/3a188669-7eeb-4154-91a8-f808ed8ced71
Oil supply cuts on table as Opec+ meets amid crude sell-off
Saudi energy minister under pressure to keep prices near $100 a barrel despite global inflation
https://www.ft.com/content/8349ead2-7792-4524-a62b-66771000c95a
To mark 20 years of London Design Festival, we spotlight the ideas, trends and people set to shape the next 20 - from sustainability to Surr..
https://www.ft.com/content/91ce79e6-74fb-4e71-8ff5-b07cae2e45f0
In an exclusive interview, the Goop founder, film star and first-rate provocateur talks ageing, ambition and why nothing ruffles her feather..
https://www.ft.com/content/0b3f1a87-b167-4db6-9e2e-4c6edef24289
How history caught up with my Russian academic friends
From post-Soviet freedoms to resurgent autocracy: a historian reflects on the plight of Russia’s beleaguered intelligentsia
https://www.ft.com/content/6153f76e-eb8c-494b-8f81-123617f5dddb
Quant funds hoover up shares in Warren Buffett’s Berkshire Hathaway
Renaissance Technologies, DE Shaw, Bridgewater and other firms buy stock worth more than $900mn in quarter
https://www.ft.com/content/8b866a30-ccfb-4858-b75c-dc4c7388307f
Biblical ETF provider renounces ESG labels in war with ‘liberal activists’
Inspire Investing chief says environmental, social and governance strategies have been ‘weaponised’
https://www.ft.com/content/b6f92b25-8a64-4b04-be70-af65f8d491d2
Crazy rich relocations: Singapore becomes a haven for Chinese elite
Beijing’s talk of ‘going after the entrepreneurs’, its draconian Covid lockdowns and a growing hostility to China from the west all make the..
https://www.ft.com/content/aa94441e-c1cb-4ac2-9b7c-59152d679c59
‘King dollar’ surges higher as Fed presses ahead with rate rises
US currency is on cusp of third consecutive month of gains against peers
https://www.ft.com/content/66d3b448-ef54-4579-b09d-304ca35dcdf2
The world’s greatest ice-cream stores: the readers’ picks
Earlier this month we compiled a list of treasured gelato, granita and glaces hotspots around the world. These are the places you thought we..
https://www.ft.com/content/1d7030d0-55cf-43f2-a1ff-4f1fc57326e6
India tipped to join pivotal JPMorgan bond index
Bank consults investors about including rupee-denominated debt in move that could drive $30bn in inflows
https://www.ft.com/content/f01f0d11-0a8f-4a5a-98bf-d6f42b24cd1a
BlackRock labels Texas ‘anti-competitive’ over ESG blacklisting
Asset manager describes decision to single it out as hostile to fossil fuels as‘ opportunistic’
https://www.ft.com/content/9bbb250f-2995-4035-914c-b42b1f3397ee
US and China close to deal resolving impasse over audit inspections
Agreement would let Public Company Accounting Oversight Board examine NY-listed Chinese groups
https://www.ft.com/content/6486978d-0b99-4d86-b945-a0b296470a94
Investors price in $130bn loss on China developers’ dollar bonds
Beijing will need to deploy ‘big bazooka’ to end crisis of confidence among homebuyers, market participants say
https://www.ft.com/content/9739c1cf-e7fd-4a32-95a1-3289de6b0367
US fund manager under fire over sponsorship of climate sceptics
Clash between environment champion Federated Hermes and its clients highlights ESG tensions
https://www.ft.com/content/381e2693-2d66-4f02-abdc-0aa8d5a97201
It is too early to declare risk of US recession is over
Rate rises and the contraction of the Fed’s balance sheet may still pull the rug from under the economy and markets
https://www.ft.com/content/9785a4f6-feae-4bc0-af01-049b3617fcdb
Susanne Kapoor’s Sicilian retreat
The villa on the island of Lipari is a refuge from the sun – and the spotlight
https://www.ft.com/content/2ee8026b-8619-47ce-a5cc-b46327148b3f