Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oil prices surging above $100 a barrel amid US-Iran hostilities. Their combined cash generation hit a record $90 billion, surpassing levels seen after Russia’s 2022 invasion of Ukraine. The bumper profits also drew criticism from US President Donald Trump over…
The California Public Employees’ Retirement System is among the institutional investors backing a roughly $300m continuation vehicle that will allow private equity firm Monogram Capital Partners to…
Man Group’s chief financial officer Antoine Forterre has sold about £1.5m of shares in the London-listed investment manager, shortly after the firm reported record assets under management and strong…
Man Group has hired Eric Woitscheck, a capital markets specialist from DWS as the London-based investment manager prepares to expand its ETF business into Europe, according to a report by etfstream.
