Funds

To Nicola, Love Peter will focus on couple’s relationship during 12-year period of embezzlement and fallout of caseChannel 5 is reuniting with the producers of Power: the Downfall of Huw Edwards for a drama about how Nicola Sturgeon’s former husband embezzled £400,000 from the Scottish National party and the impact it had on her reputation.To Nicola, Love Peter will examine the couple’s relationship over the 12-year period that Peter Murrell diverted funds from the SNP while he was the chief executive to spend on items including a £124,550 motorhome and more than £2,600 on a pair of luxury salt and pepper grinders. Continue reading...

• USFunds analyzes historical market trends, noting that pullbacks occurring during midterm election years have frequently been followed by double-digit gains. • The analysis emphasizes that specific government policies, rather than the political party in power, are the primary drivers of market performance. • This perspective encourages investors to ignore partisan noise and headlines to focus on the fundamental policy changes that impact economic growth.

• Five companies, including Dr Agarwal’s Health Care, RPP Infra Projects, and Tenneco Clean Air India, experienced significant ownership changes on Wednesday. • The churn was driven by large-scale bulk and block deals executed by promoters, private equity investors, and mutual funds. • These transactions are critical indicators of how institutional players and company insiders are positioning their stakes in Shankara Building Products and NDL Ventures.

• Residents and critics are scrutinizing unallocated developer funds in Canary Wharf, demanding transparency regarding why promised community investments remain unspent. • The controversy centers on a lack of clarity over how these funds are being managed and the delay in implementing local infrastructure and social projects. • This issue matters as it highlights a potential gap between developer obligations and the actual delivery of community benefits in one of London's primary financial hubs.

• DBS Group Holdings and Granite Asia partnered in February to launch investment products targeting high-growth companies across Asia. • A key component of this initiative is a US$110 million AI IPO fund specifically distributed to the bank’s wealth management clients. • The move signals that recent market pullbacks have not deterred wealthy investors in the region from pursuing artificial intelligence opportunities.

• Major Asian multi-strategy hedge funds experienced sharp losses in July 2026 due to a significant selloff in artificial intelligence and technology stocks. • The downturn was driven by declining tech shares across key markets, specifically Japan, South Korea, and China, which erased gains made earlier in the year. • Despite the rout, these platform funds outperformed pure stock-picking peers because their diversified strategies mitigated some of the losses.

• Asia’s multi-strategy hedge funds faced a significant downturn in July, driven largely by a selloff in AI-linked chip stocks that eroded first-half gains. • Notable losses were reported by Hong Kong-based Polymer Capital Management, which fell 6.9%, and Singapore-based Dymon Asia, which declined 6.5%. • The slump is compounded by tighter financing from banks, which may force funds to reduce risk quickly in markets like South Korea and Taiwan.