Briefings, research, charts and analysis on the institutions, capital flows and systemic risks shaping long-horizon portfolios.
In one week, two U.S. agencies took three actions on parts of equity ownership that long-term investors have treated as inseparable: voting rights, shareholder access and the market venue itself.
NSE placed Rs 6,746 crore with anchor investors on 16 September. Norway's sovereign fund and ADIA bought; the filed prospectus names CPP Investments among the sellers, exiting at about 5.5 times cost. The same day, the Fed raised rates and signalled they stay up.
Ottawa’s investment summit produced a large official total. For long-term owners, ask which announcements change project economics — and who bears the risk until assets start earning. FOMC still ahead of cutoff.
A 14.8% year, a 6.83% five-year, and a board that chooses today. Plus: 36 hours inside Toronto.
Norway's benchmark moves twenty points, not half. And the last time a Saudi bypass went down, it came back in two weeks.
The ECB's September 10 decision puts funding and cash on the same agenda. Nike's filed votes, Detailhandel's conversion hedge, and verified capital closes complete Friday's brief.
A scheme funded at 143.7 per cent bought insurance seven weeks before the date that sets its members' pension increase. A fund with a bill running into the next century bought the opposite instrument.
The world's 300 largest pension funds ended last year with a record $27.7 trillion, and the top 20 held $11.9 trillion. Around that pool: a sovereign-anchored platform builds a capital-raising desk, Indonesia moves a policy liability, and Britain pays its highest 30-year yield since 1998.
On the record: NN Group's thresholds are ≥10 million tons and ≥5 GW, and the screen runs on vendor data. Plus the SEC's application to compel ISS, in the filing's own words.
China put Rmb360bn into eight state banks and insurers and the market marked it down. Japan spent a record $98.7bn holding the yen up. Korea stopped hedging. Australia wants future contributions to pay the rent. Four long-horizon savings pools, four short-term jobs.
U.S. Central Command said it permanently disabled or destroyed three IRGC-linked crude carriers on Saturday after missiles were launched at two U.S. warships. Commercial Hormuz was already constrained by war-risk pricing. The hulls themselves are now in the target set.
Norway proposes holding half as much sovereign liquidity, a Chinese export licence stops guaranteeing a shipment, and S&P calls a Senegalese default extremely likely. Four stories, one shape: permission is not proof.