It is fair to say that last week’s strategic update from Legal & General is going down like a rattlesnake in a lucky dip with investors, and as a result much of our (paper) capital gain is ebbing away.
(Bloomberg) -- Pemberton Asset Management plans to raise more than €4 billion ($4.3 billion) for the fourth vintage of its mid-market debt strategy, according to people with knowledge of the matter.Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanThese Are the World’s Most Expensive Cities for Expats in 2024How the US Mopped Up a Third of Global Capital Flows Since CovidHedge Funds’ Secret Weapon to Fight the SEC Lives in TexasS&P 500 Races Toward 30th All-
The latest investor updates on stocks that are trending on Wednesday.