Loukia Gyftopoulou
@loukia_g
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Asset management reporter at Bloomberg. Now in NY. Own views etc. DMs open. Send me tips: [email protected]. Ask for my Signal
New York, USA
Joined January 2014
New: As Western Asset Management star bond trader Ken Leech is scheduled to appear in a Manhattan federal court today, the firm he helped bring to former glory is getting tarnished. With @sabrush
https://t.co/A4VBZ0A7zZ via @markets
bloomberg.com
Outwardly, all is upbeat at Western Asset Management, which has invited its staff and clients to celebrate the New Year by watching the Rose Parade from Wamco’s balconies in Pasadena, California, and...
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The Big Take: Even some of Goldman Sachs' most legendary ex-traders are struggling to make inroads at the top end of the hedge fund industry. Story with @WilliamShaw546, @sridinats & @DonalGriffin1
https://t.co/b4I1gZSGJZ via @markets
bloomberg.com
Eisler Capital’s recent difficulties show just how tough it is to grab a seat at the hedge fund industry’s top table.
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As Wamco is investigated by the SEC, questions are swirling around Franklin’s hands-off approach to its stable of asset managers. https://t.co/FDLecpALLn via @wealth and with @sabrush & @loukia_g
bloomberg.com
The $380 billion bond shop’s lead investor is under SEC investigation and investors are fleeing, raising questions about the parent company’s oversight.
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New: As Wamco's star money manager is investigated by the SEC, questions are swirling around Franklin’s hands-off approach to the many firms it has snapped up. Today's Big Take with @sabrush @michaellachlan
bloomberg.com
The $380 billion bond shop’s lead investor is under SEC investigation and investors are fleeing, raising questions about the parent company’s oversight.
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New: UK fund manager Terry Smith is moving his huge car collection, which includes a rare McLaren F1, to Mauritius after a law change exempts it from import duty. W/ @jonny_browning @EamonFarhat
https://t.co/ebhAjgHMTg via @business
bloomberg.com
The fund manager has long lived on the Indian Ocean island
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Labour risks surprising private equity with higher taxes than the industry is now expecting w/@Swetha_Gopinath @GriffithsKath_ @BenStupples @alexwickham JH Foerster https://t.co/fkBTGIAXP5
bloomberg.com
Attendees at private equity’s glitzy conference in Berlin last week said they were hopeful that Labour’s plans to raise their UK taxes would be modest. But, as the party’s manifesto is about to be...
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NEW: The mood was upbeat at Berlin's PE conference this week, but privately, attendees were less relaxed. Investors are getting antsy, and the pressure to return money back to them is becoming so intense it may spell a make-or-break moment for many firms.
bloomberg.com
Outside the chandelier-laden function rooms, away from the cameras and far from the stuffy booths in the main conference halls, the giants of private equity were getting honest with each other.
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Long read here on the state of play, five weeks today from the general election. With @Swetha_Gopinath @loukia_g and @WilliamShaw546
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New from @loukia_g and @sabrush: Vanguard's outsider CEO shows the mounting pressure the firm faces after the ETF boom masked years of missteps. https://t.co/3YzBo0JQDV via @wealth
bloomberg.com
The index fund giant has reached a crossroads. Can an outsider fix the house Bogle built?
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NEW: Vanguard's outsider CEO shows the mounting pressure the firm faces after the ETF boom masked years of missteps. Interviews with insiders paint a portrait of an organization already in the throes of a once-in-a-lifetime transformation
bloomberg.com
The index fund giant has reached a crossroads. Can an outsider fix the house Bogle built?
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NEW: Private equity dealmakers are being told to put more of their own assets on the line -- including homes and art collections -- as they struggle to wring cash from their increasingly wary backers. Today's @Bloomberg Big Take https://t.co/ApkATf465q via @markets
bloomberg.com
Dealmakers are being told to put more of their own assets on the line as they struggle to wring cash from their increasingly wary backers.
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NEW: Blackrock’s Larry Fink has big plans to get a piece of the riches of Saudi Arabia, which has long been a tough market for outsiders With @DNair5 @sabrush @MattMartin128
https://t.co/m7m68Gyl6C via @markets
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A decade into her reign, Abby Johnson is reasserting control over the US fund giant’s London outpost. Heads are rolling.
bloomberg.com
A decade into her reign, Johnson is reasserting control over the US fund giant’s London outpost. Heads are rolling.
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EXCLUSIVE: Greg Coffey is in talks to acquire asset manager Emso in a sign of consolidation in the hedge funds industry. The deal will create a money manager with $13 billion in combined assets https://t.co/RfZrK15H6P via @markets
bloomberg.com
Greg Coffey is in talks to acquire Emso Asset Management to create a money manager with $13 billion in combined assets as the macro trader diversifies his hedge fund firm.
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New: The UK has opened talks with brokers, including HL and AJ Bell, about helping to sell the state’s shares in NatWest to retail investors. With @WilliamShaw546
https://t.co/afbNS8ugyn via @markets
bloomberg.com
The UK has opened talks with brokers including Hargreaves Lansdown Plc and AJ Bell Plc about helping to sell the state’s shares in NatWest Group Plc to retail investors.
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New: Outflows! Retail investors are pulling more than €1 billion a month from real estate funds in Europe, with slumping demand and a surge in borrowing costs raising concerns about commercial property valuations w/ @ncallanan @carlacanivete
https://t.co/zX5zuDI9KA
bloomberg.com
Retail investors are pulling more than €1 billion a month from real estate funds in Europe, with slumping demand and a surge in borrowing costs raising concerns about commercial property valuations.
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Exclusive: Epstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings Claim — story breaking now on @business from myself @avabmorrison @JasonLeopold @jonny_browning and Katherine Griffiths
bloomberg.com
Former Barclays Plc Chief Executive Officer Jes Staley has long maintained that he cut off his friendship with Jeffrey Epstein once he became boss of the UK bank. Legal documents seen by Bloomberg...
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With link that works!
bloomberg.com
Baillie Gifford is preparing to cut dozens of jobs as part of an ongoing cost review.
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New: Baillie Gifford is preparing to cut dozens of jobs as part of an ongoing cost review after a tough couple of years at the Scottish growth equity house. Scoop with @lauralevfinance
https://t.co/sY8xGVZwEB… via @markets
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Scoop from @harrynwilson: UK regulators have ordered a dozen banks to start a Section 166 review of their auto lending business, which requires them to bring in an outside expert to examine their practices and produce a report for authorities
bloomberg.com
Britain’s biggest banks have a new problem on the horizon: car loans.
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