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Over a quarter of UBS family offices surveyed for an annual report said they have minimized or plan to cut their holdings in dollar assets.
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Temu Hit With Fine in E.U. Over Sales of Unsafe Goods The New York TimesEU fines Temu €200m for allowing sale of illegal products BBCChinese online retailer Temu hit with $232 million fine over illegal products AP NewsTemu fined $232 million for breaching EU rules on sale of illegal products ReutersEU fines Temu for failing to stop sale of illegal and dangerous products The Guardian
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Stoneshield Capital, a leading European investment firm, has announced the final close of its Stoneshield Opportunity Fund IV at its hard cap of €1.5bn. The fund surpassed its original €1bn target and it closed within six months at twice the size of its predecessor fund. According to Stoneshield, this underscored the strength of its investment […]
The post Stoneshield Capital concludes oversubscribed fund at €1.5bn hard cap appeared first on AltAssets Private Equity News.
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Pemberton Asset Management has announced the final close of the fourth vintage of its Strategic Capital at a grand total of €3.4bn. This haul makes it the largest opportunistic direct lending fund of its kind in Europe, bringing total commitments across the four vintages to €8.3bn. Unveiled in 2017, Pemberton Strategic Capital is a differentiated […]
The post Pemberton confirms final close of fourth vintage fund at €3.4bn appeared first on AltAssets Private Equity News.
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China Is Exporting Its Factories Across the World and Spooking the Competition WSJChina's trade surplus is triggering global unease — and India could emerge a winner FirstpostWith a $1.2 Trillion Trade Surplus, How China Manages Its Global Relations China Academy
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