Lossmaking group with royal warrants is acquired by Oakley Capital
Plus, Meta’s big private credit talks and what next at BP?
Douglas Flint criticises ‘ridiculously extravagant claims’
Liquidators still trying to recoup billions of dollars siphoned from Malaysia’s sovereign wealth fund and then laundered
Despite bipartisan distaste, the ‘carried interest’ distortion refuses to die
Chancellor is expected to outline plans to limit the amount of money that can be saved into tax-free cash accounts each year
Plus, UK wealth managers eye private markets, investors flee long-term bonds, and Kiefer/Van Gogh at the Royal Academy
Millennium, Point72 and Third Point among those seeking to push into popular asset class
S&P 500 has outstripped rival global indices in the second quarter as tariff turmoil fades
Regulator unveils plans for ‘targeted support’ to help individuals get better returns
Treasury committee questions whether tax-free savings product is subsidising wealthier first-home buyers
The fancy methodologies don’t work anyway — this is all you need
Alongside rapid growth in the market, risks have emerged as some platforms will collapse
Apollo, Brookfield and Pimco among the lenders in talks with Mark Zuckerberg’s social media group
Oil and gas operator’s shares climbing after falling to an all-time low
New intergovernmental initiative should boost spirits in a sector that has taken a battering
Plus, Unilever is buying Dr. Squatch, and a Hong Kong developer is in negotiations to refinance billions in loans
The FT30 celebrates its 90th birthday next week — and the UK’s oldest continuous stock index has quite a story to tell
When the world’s dullest industry gets very exciting
Investment vehicles under pressure from cheap index-tracking funds, higher interest rates and takeovers
April’s drawdown may have felt like déjà vu, but V-shaped reversals are not coming thick and fast
Banks begin pitching for roles on Interpath Advisory deal
Backers of business development companies are now trying to right a perceived wrong
Hg’s €19bn software group provisionally selects UK over Amsterdam for listing next year
Groups are maintaining environmental commitments but trimming messaging about it
