A month ago, the billionaire hedge fund manager was more concerned about the wealth gap than Covid-19 — he’s a bit more worried about the latter now

Hedge Funds

The co-founder of the world’s biggest hedge fund last month said he was 

more concerned about the wealth gap than the spreading coronavirus

Ray Dalio, the co-chief investment officer and co-chairman of Bridgewater Associates, is a bit more worried now.

Ray Dalio: coronavirus is a ‘once in 100 years’ catastrophe

Ray Dalio: coronavirus is a ‘once in 100 years’ catasrophe

Steve Goldstein

Schroders’ new team must deliver or pressure for break-up will grow

EU’s response to Trump trade war could add to UK’s Brexit damage

Europeans can’t rely on a ‘Trump dump’ to bolster investment banks

Fiera Capital managing partner Catherine O’Reilly exits

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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

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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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