Investors pay the price for flocking to so-called cov-lite leveraged loans with reckless abandon
Prices have soared in recent years but, as a prized stegosaurus fossil goes up for auction next week, is it worth digging into for investors?
Plus: Knights and Celebrus — companies analysis from Investors’ Chronicle, our sister publication
Also in today’s newsletter, the brewing tensions over a new EU green trade proposal
Pluralsight lender group marked debts at seemingly implausible highs
There has been a marked change of signals from Ankara on economic management
What could put investors in a better mood to buy than a couple of months of sport and sun? But the season has its pitfalls
Consortium bets on growing demand for independent asset management among younger, more tech-savvy clients
Britain’s largest bicycle maker wanted long-term investors to help it pay down debt rather than increase leverage
Yuri Milner’s DST Global takes stake at $17bn valuation in rare investment from overseas after China’s tech crackdown
Investors have pulled nearly $2bn from the group’s flagship ETF
A very complex question
Incubator Flagship Pioneering plans to finance and launch array of companies using AI for pharmaceutical development
Investors face a wide-ranging estimate of losses on loans to Pluralsight after demand for its training videos fell
The numbers are tilted in favour of the Wall Street vultures stumping up capital
Earnings appear to indicate end to 10 years of stagnation on continent
Venture capital firm has poured more than half of its recent investments into artificial intelligence
Plus, lawyers try to make billions after nixing Elon Musk’s $56bn pay deal
Analysis reveals some schemes pay up to 14 times more for the same product than rivals
Singapore’s state-owned investor ‘not in a hurry’ to invest in artificial intelligence and warns of ‘hype’ in sector
Manager says it plans to capitalise on growing European demand for the products
We examine the pros and cons of footwear collecting craze
New private equity vehicle Rosebank Industries whose other backers include Norges and GIC will offer boost to London market
Neil Shen’s HongShan creates renminbi vehicle with more scope to invest in sensitive technologies than previous $9bn fund
‘Search funds’ involving acquisitions of companies worth about $15mn have become popular among ambitious graduates