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Benefits of Outsourcing Private Debt Fund Administration to a Specialist
Date: June 29, 2022
By Alex Di Santo Group Head of Private Equity Fund Services at Crestbridge The Covid-19 pandemic proved the strength of outsourcing as a model. With business as usual interrupted, we saw an uptick in the overall number of managers seeking to outsource, including within private debt. By accelerating their outsourcing decisions, managers benefitted from operational...

Verdict Expected Wednesday in Trial of Paris 2015 Attacks
Date: June 28, 2022
By LEA GUEDJ PARIS (Reuters) – The trial of suspects in the attack that killed 130 people across Paris in 2015 will come to an end on Wednesday when judges hand in their verdict, in what victims said will be a relief after nearly 10 months of harrowing hearings. In the deadliest attack ever seen...

Russian Gas to Europe Falls Short as Heatwave Drives Demand
Date: June 17, 2022
By Nina Chestney LONDON (Reuters) -Russian gas flows to Europe fell short of demand on Friday, coinciding with an early heatwave gripping its south and boosting benchmark prices already lifted by concerns the continent may struggle to build up storage in time for winter. Italy and Slovakia reported receiving less than half of the usual...

Korean Pop Band Bts Taking Hiatus to Work on Solo Projects
Date: June 14, 2022
(Reuters) – BTS, the South Korean band that spearheaded a global K-pop craze, is taking a hiatus as a group to work on solo projects, members announced on Tuesday. Band member RM, speaking at the annual FESTA dinner that celebrates the group’s founding, said he had been feeling a need to explore his own work...

Britain’s Lgim Votes Against Fewer Companies for Climate Failures
Date: June 14, 2022
By Juliette Portala (Reuters) – Legal & General Investment Management said on Tuesday it had voted against chairs at 80 companies this year for failing to meet its minimum climate change standards, down 35% from last year after it found more businesses had laid out decarbonisation ambitions. Firms in the oil and gas, banking and...

Wikipedia Fights Russian Order to Remove Ukraine War Information
Date: June 13, 2022
LONDON (Reuters) – The Wikimedia Foundation, which owns Wikipedia, has filed an appeal against a Moscow court decision demanding that it remove information related to the Russian invasion of Ukraine, arguing that people have a right to know the facts of the war. A Moscow court fined the Wikimedia Foundation 5 million roubles ($88,000) for...
