EXCLUSIVE: Billionaire Dmitry Balyasny's hedge fund is spending more than $200 million in payouts to recruit senior portfolio managers from rivals as the expensive war for trading talent rages. Story with @Burtonkathy & @GillianTan https://t.co/WykRT9zdUd via @business

NEW: A Mauritius court battle, a joint bank account and a coffee machine. How the former partner of fund manager Terry Smith can't get her investment back. With @jonny_browning https://t.co/7QluifrvGa via @business

New: GAM’s third largest backer has rejected the Liontrust takeover deal. Will it or won’t it go through? Stay tuned

It was a long time now… @KatieLinsell - Rallye appears before the sanction commission of the AMF tomorrow.

When real estate investor Yannis Delikanakis woke up from a 26-day coma in April 2020, he discovered that his bank accounts were frozen and he’d been ousted from the private equity fund that he'd co-founded 16 years earlier https://t.co/vEc6hLHUcz via @business @lauralevfinance

Dreams of homeownership are slipping further out of reach for many as budget cuts choke Britain's planning system https://t.co/tR4y1yPbzv via @business @_DamianShepherd

I wrote about inherent determinism in mechanised rotation systems subject to decaying angular velocity. https://t.co/GTcJLFydl4

The UK's most popular money manager Terry Smith has built a vast fortune. Last year he shifted his stake in his firm Fundsmith to a foundation in the Seychelles. https://t.co/r2QugFhWeF via @business

Lloyds is racing to sell a loan on a Canary Wharf office tower that’s due to mature imminently. The same Chinese tycoon that owns the building has already defaulted on a loan on his other Canary Wharf tower which is for sale. With ⁦@lauralevfinance⁩

``The Turba is the same age as the Prestige was, and it just collected the same type of cargo from the same Russian port'' The vast shadow fleet of tankers carrying Moscow’s oil around the globe is aging and potentially dangerous https://t.co/0vB1JogGbw via @markets @Asad3000

Energy companies have pocketed about £525 million by “manipulating” the power market as UK consumers face skyrocketing electricity bills https://t.co/YkkOk0GFfr via @bbgvisualdata @GavinFinchBBG @jasongrotto @_ToddGillespie @_samdodge

Highly recommend John Authers and Isabelle Lee’s definitive Big Take on what just happened and what it means, including this great chart which has probably become the most important thing for real estate investors everywhere https://t.co/dDMjwQHPmv

Utterly surreal week in Cannes experiencing financial market turmoil in company of 23k property folk. Here’s our attempt to capture it, with help from Europe’s biggest property investors who kindly shared their views on the volatility raging around them https://t.co/XO7nIdj4BV

A stealth tax hike will allow Chancellor Jeremy Hunt to divert billions of UK pay rises to government coffers. Here’s how “fiscal drag” will affect your household https://t.co/MGrk9iha2z via @bbgvisualdata @John_Stepek

Technology bets giveth and then taketh away. How Tesla lover Baillie Gifford made a fortune and lost out as techs punished in rotation away from growth, story by @loukia_g https://t.co/OMTFfTLjQ0 via @markets

Tycoon Behind a Crisis-Era Property Crash Now Sits on a $9 Billion Debt Mountain. Story here with the great @JackSidders and @LCasiraghi

"The pandemic has resulted in a stark paradox in Britain: the worst of times for public health, job security and the economy has turned into the best of times for wealth creation—provided you held the assets." https://t.co/lOu4l9NFzv via @wealth #RealEstate #wealthgap

Tudor plans digital disruption fund run by data specialist and one of its longest standing money managers Ulrike Hoffmann-Burchardi

Many of the world’s most prominent hedge fund managers have come to the stark realization that they need to upend the “two-and-twenty” fee model that’s been a fixture for decades if they want to expand. For some smaller firms, the goal isn’t growth. https://t.co/K0BK5707VT

In 2007, Sean Quinn was the world's 164th richest person. Then he lost it all and his protege was abducted and tortured. @KitChellel and I piece together an epic tale of greed, betrayal and bloody revenge. https://t.co/USTTl1YU0y via @BW