Head of world’s oldest insurance market steered it through Covid but was criticised for delays to IT overhaul
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulation
Multi-strategy –> Multi-manager –> Multi-boutique
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groups
The fund made returns of nearly 20% last year but has failed to retain sufficient assets to be ‘economically efficient’