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exuding authority or petty and vindictive?

This July, just like last July, the prime minister has decided to kick some of his MPs out of the Parliamentary Labour Party. A year ago, just weeks after winning the general election, seven Labour MPs had the whip removed, to use the Westminster jargon, having voted against the two-child benefit cap. Here we are…

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Bobby Jain struggles to match hedge fund giants

Even hedge fund royalty Bobby Jain is having a hard time starting a firm to compete with the industry’s giants. The former co-chief investment officer at Millennium Management tried to pull off the world’s largest hedge fund launch last year. He had to settle for the largest launch since 2018 with $5.3bn in commitments from…

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