The London Pension Funds Authority (LPFA) has appointed Barclays Global Investors, Fidelity and JP Morgan to look after its money market needs.

The managers will look after about £30m (€47m) apiece, pending the reallocation of cash to pension payments after the redemption of various index-linked gilts.

LPFA appoints managers to look after its cash

Barclays Global Investors

JP Morgan

Legal & General

Citi shuts Málaga office it opened to battle banker burnout

A&O Shearman boss Hervé Ekué: ‘My godfather was accused in a failed coup… he inspired me to be a lawyer’

A&O Shearman boss Hervé Ekué on skyrocketing pay rises: ‘We haven’t reached the top’

Fiera Capital managing partner Catherine O’Reilly exits

https://images.fnlondon.com/im-12269829?size=1.5

The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

Who is JPMorgan’s new UK private banking boss?

https://images.fnlondon.com/im-46763652?size=0.7

Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Ex-Bank of America trader joins Sumo as head of systematic fixed income trading

https://images.fnlondon.com/im-29422209?size=1

Jugakalpa Das’ six-member pod will start trading for Sumo in July

Israel’s attack on Iran gave the greenback a boost after a long stretch of trouble. But the long-run prospects for the dollar don’t look good.

The shipments have propelled Ireland, a country of only 5.4 million people, to the second-largest goods-trade imbalance with the U.S., trailing only China.

How Weight-Loss Drugs Blew Out the U.S. Trade Deficit

The satellite operator said the capital increase would support its strategy, driven by strong market momentum in the Low Earth Orbit-enabled connectivity market.

Eutelsat Shares Jump on Potential $1.55 Billion Capital Increase

The uptick was likely fuelled by easing price inflation and a cut to interest rates in May.

U.K. Consumer Sentiment Edges Up Again Despite Global Turbulence

The unprecedented pace of change brought by AI is forcing the software maker to reinvent itself, said Salesforce’s chief futures officer.

Salesforce Not Taking Survival for Granted in AI Era, Top Strategist Says

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

https://www.wsj.com/?type=allesseh_content_full_list

https://www.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded

Financial News

War Brings Out the Best in the Dollar

How Weight-Loss Drugs Blew Out the U.S. Trade Deficit

Eutelsat Shares Jump on Potential $1.55 Billion Capital Increase

U.K. Consumer Sentiment Edges Up Again Despite Global Turbulence

Salesforce Not Taking Survival for Granted in AI Era, Top Strategist Says