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Public pension schemes have sold shares in coal, oil and gas companies but are still funding expansion of the gas industry through infrastructure funds
Bank M&A is back on the agenda, but talk of SMBC buying Jefferies is premature. The two firms are prioritising their multi-stranded alliance and a takeover now would jeopardise it
I don’t need to work, but I’m tempted to go back
Corporate broking relationships endure for decades and build deep roots between both individuals and institutions, enabling banks to win outsized revenues from clients they serve. No wonder that a new crop of banks are expanding their ambitions
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  • The Securities and Exchange Board of India (Sebi) has published the final regulations for newly approved real estate investment trusts (Reits) and infrastructure investment trusts (InvITs).
  • Exotix Partners has made its second new hire in two weeks, appointing Anthea Alexander to lead its coverage of South African consumer stocks as the emerging markets specialist merchant bank increases its focus on sub-Saharan Africa.
  • Sam Dean, who took a sabbatical from his role as Barclays’ head of global equity capital markets in December, is to return to the bank in a new role.
  • Record volumes of bonds and equities globally have boosted Asia Pacific investment banking revenues close to their record high. The first three quarters of the year generated a total of $10.5bn, a double digit increase on the same period last year, according to Dealogic.
  • The Securities and Exchange Board of India (Sebi) has published the final regulations for newly approved real estate investment trusts (Reits) and infrastructure investment trusts (InvITs). After years of discussions around the state’s new instruments, a September 26 Sebi publication detailed the final regulations .
  • Investors looking to take advantage of the landmark Shanghai-Hong Kong Stock Connect mutual equity trading scheme will now also have access to primary offerings.