KKR raised $19.2bn. Romania blew up a rock in the Danube.
A record infrastructure fund, a record industrial quarter, and two nuclear plants rationing cooling water. What a contract cannot buy.
Universal Asset Owners
Briefings, research, charts and analysis on the institutions, capital flows and systemic risks shaping long-horizon portfolios.
Trump said deal. Tehran said no talks. Brent fell 5% anyway.
The FT put €3.1bn on restoring the land burnt in Europe’s record fire season — a restoration-cost floor, not the
OpenAI + Anthropic IPOs: $198bn that could hit housing.
Redfin says OpenAI and Anthropic staff could buy 29% of San Francisco's homes. Plus Aviva, Royal London and M&G move £538m — and the terms they disclosed.
404.5m barrels. 23.3 days. Thinner cover than September 2018.
Refineries ran harder into a falling stock level - and three Reserve Bank presidents voted to tighten.
Samsung fell 14.4%. The leverage behind it is up 40%. Unpublished.
Three weeks before Korea fell, the Bank of England described how a semiconductor drawdown could reach a gilt portfolio. The level is not in the report.
Ontario Teachers': €200m. Nest eyes £1bn. The terms are the story.
A $31.2bn surplus took the first-loss tranche. The other half of the deal has no published terms.