BlackRock

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One bondholder described the deal, which implies a recovery value of about 55 cents on the dollar, as a “creative compromise”. Photograph: iStock

By the time members of Argentina’s biggest bondholder group hopped on to their weekly conference call at 9am on Monday, August 3rd, the anxieties of t(...)

Larry Goodman: The Competition and Consumer Protection Commission has permitted him  to fully acquire Blackrock and Hermitage clinics.  Photograph: Alan Betson

Businessman Larry Goodman is poised to take full ownership of the high-profile private hospitals the Blackrock Clinic and the Hermitage, following rul(...)

BlackRock, like other asset managers, benefits when investors put money to work in funds rather than holding cash.

BlackRock saw investors jump back in to products such as mutual funds and exchange-traded funds in the second quarter, rebounding from outflows in the(...)

Arclight is pursuing the Spanish government for breach of contract through an arbitration process overseen by the World Bank. Photograph: Alan Betson

Investors in Irish renewable energy fund Arclight are in line for a €20 million-plus payout after the business borrowed €43 million through a bond iss(...)

It’s not easy to amass a cash fund these days. If you’re lucky enough to have done it, be sure to read the fine print. Photograph: iStock

Having enough cash on hand to pay the bills is always a good idea. But in an economic crisis like this one, with millions unemployed and thousands of (...)

Garry Ringrose: “It was some year [2018] for a lot of us. It’s what you aim for every year, but as I learned pretty quickly the following year it doesn’t always shape out that way.”  Photograph: Lazslo Geczo/Inpho

Garry Ringrose exudes a certain calmness and level-headedness. He has a good work-student-life balance and comes across as someone with an equally eve(...)

Accounts for the seven universities represented by the Irish Universities Association show they earn about €70 million a year renting out rooms to students. Photograph: Dara Mac Dónaill

Third-level colleges have emptied for the summer but their managements are already grappling with how they will conduct a new academic year in the sha(...)

Galway City Council decided to act after large crowds were observed congregating at the beaches in Salthill and around the Claddagh to celebrate the good weather and the end of the school year.

Galway City Council is closing many of its best known attractions because of fears over the breach of social distancing guidelines. Spanish Arch, th(...)

People walk along the East River on Monday, US Memorial Day, in New York. Photograph: Jason Szenes/EPA

Just over a year ago, before the modern plague descended, Manhattan’s Hudson Yards threw a launch party that was Versailles-like in its overabundance (...)

A report from investment management firm Neuberger Berman detailed how the company uses such non-traditional data. Photograph: iStock

Thinking is expensive, and you often don’t get what you pay for. That, more or less, is why actively managed funds have such trouble matching the retu(...)

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