Author: Charlotte

Proposals to reform client accounts and use the interest to capitalise the justice system, including legal aid, could be affecting the appetite of private equity to invest in law firms. An article in the Sunday Times newspaper suggested private equity companies could be deterred from investing in law firms until the outcome of the Ministry of Justice consultation into the use of interest on client account money to fund the justice system. The Interest on Lawyers’ Clients Accounts Scheme (ILCA), proposed in January of this year, will see a proportion of the interest earned on client accounts in England and…

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Imagine running a hedge fund so successful you must return billions because you cannot find enough trades to deploy. That was Long-Term Capital Management at the end of 1997, and the decision the founders made next, with two Nobel laureates on the masthead, nearly took the global financial system down. The paradox matters because the same instinct shows up in retail accounts today. The setup that looked like genius LTCM was the smartest room on Wall Street. Nobel Prize winners Myron Scholes and Robert Merton were partners. Founder John Meriwether had built the legendary bond arbitrage desk at Salomon Brothers.…

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Good swing trading Telegram channels can save time by filtering market noise and highlighting setups that may stay active for several days. For traders who want stock ideas, chart-based updates, and a steadier pace than day trading, the channels below are some of the more useful options mentioned in the source. They work best when paired with your own trading strategy and risk rules. Swing trading remains popular across beginner and experienced traders because positions are usually held longer than intraday trades, yet they do not demand the same patience as long-term investing. A typical setup may run for roughly…

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NEED TO KNOW New financial disclosures released this week revealed that first lady Melania Trump raked in millions last yearPresident Donald Trump brought in at least $2 billion himself since returning to the White House, the filings showedMelania’s earnings from her self-titled documentary released by Amazon MGM Studios were $10.7 million New financial disclosures released this week revealed that first lady Melania Trump raked in millions last year after President Donald Trump returned to the White House — and brought in at least $2 billion himself. The 927-page filing, published by the U.S. Office of Government Ethics on Tuesday, June…

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The government has imposed a fixed VAT structure for the jewellery sector, taxing gold and platinum at Tk 2,500 per bhori, silver at Tk 100 per bhori, and diamonds at Tk 2,500 per gramme.The new rates were imposed under the revised Finance Bill passed in parliament on Monday by voice vote, replacing the earlier 5 percent VAT that applied uniformly to gold, diamonds and silver.The revision follows pushback from the Bangladesh Jewellers Association (Bajus).Finance Minister Amir Khosru Mahmud Chowdhury had originally proposed a flat Tk 2,500 per bhori on both gold and silver.However, Bajus objected, arguing this taxed silver, a…

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Having a liquidity management plan is table stakes for institutional investors. These plans are meant to be long-term and take into account all sorts of changes in macro, micro and market conditions. However, even the best planning only goes so far.Market dynamics are shifting rapidly, and institutional investors are refocusing on liquidity to ensure that they will be able to meet short-term and long-term needs.Trade-Offs or Missed Opportunities?One area in which liquidity issues are acute is private equity. A years-long slowdown in exits is now impacting investors across the board. Without expected distributions, some investors may find that they are…

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Investing.com– Gold prices steadied in early Asian trade on Thursday as markets awaited key U.S. labor data for more cues on interest rates amid growing expectations for a hike this year.  Bullion hovered above its weakest levels for the year, after logging its worst quarterly drop in 13 years in the June quarter.  rose 0.3% to $4,043.23 an ounce by 20:40 ET (00:40 GMT), while fell 0.7% to $4,054.67/oz.  Get more insights on gold prices and interest rates by subscribing to InvestingPro While the yellow metal did recover after sliding below $4,000/oz on Wednesday, gains were limited by persistent concerns over…

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