Layan Odeh News Today

In a world increasingly favouring low-fee passive investing, a select few active fund managers defy the norm with unconventional strategies.

(Bloomberg) -- Private equity firms are struggling to get cash back into the hands of their fund investors amid a prolonged lull in dealmaking. They aren’t having that problem with shareholders.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillMarkets Jolted as Fed’s ‘Last Mile’ Looks Elusive: Markets WrapPutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in India’s Booming Option...

Ottawa faces mounting challenges to selling the Trans Mountain expansion including high interest rates and a looming election. Keep reading.

Court filings describe Traynor Ridge Capital as a three-man operation with $95M in assets and no one left in charge, unable to even update its website

The sudden death of a Toronto hedge fund manager has led to an OSC probe into millions in losses the fund appears to have run up. Read on.

By Layan Odeh and Derek Decloet (Bloomberg) — Brookfield Infrastructure Partners LP agreed to buy Triton International Ltd., the world’s largest owner of intermodal shipping containers, for $4.7 billion to expand...

By Gillian Tan, Kiel Porter and Kamaron Leach (Bloomberg) — Ports America, Terminal Investment Ltd., Carrix and Hapag-Lloyd AG are among shortlisted bidders for Global Container Terminals’ operations in Staten Island...

By Layan Odeh (Bloomberg) — A consortium led by former Berkshire Hathaway Inc. executive David Sokol and Canadian investment group Fairfax Financial Holdings Ltd raised its offer to buy Atlas Corp.,...

China’s regulatory crackdown and its handling of Hong Kong make the island city less attractive. Read more here

Author of the article: Brendan Case, Layan Odeh and Siddharth Philip Publishing date: Apr 21, 2021  •  1 hour ago  •  4 minute read  •  Article content (Bloomberg) — The vaccination drive has made U.S. airlines optimistic about a summer travel rebound, but their upbeat outlook is clouded by international markets that remain out of reach and raging infections in countries like India and Brazil. Just this week, the U.S. State Department said ...