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ETFs

The ETF party has a dramatic late arrival: Goldman Sachs.

Goldman Sachs Asset Management in September launched ActiveBeta US Large Cap Equity ETF and ActiveBeta Emerging Markets Equity ETF and says more ActiveBeta exchange-traded funds will follow in coming months. Such "smart beta" index funds, which have been trendy, weight their holdings by factors other than market capitalisation, and make adjustments, in an effort to outsmart traditional index funds.

US product launches in September have pitched the US bank into competition with more established exchange-traded fund providers

Tanzeel Akhtar, WSJ

Goldman Sachs

The CMA vs the government: Inside antitrust’s big battle

BlackRock’s Preqin buy cleared by UK competition watchdog

Revealed: Audit regulator upgrades risk of private equity investment to ‘high’

Trading Places: BNP’s new COO, Clifford Chance poaches from KKR

https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

Clifford Chance hires KKR director in London private equity drive

https://images.fnlondon.com/im-81781958?size=1.5

Magic Circle firm boosts London private equity offering

Proskauer Rose hires Hogan Lovells private equity partner in London

https://images.fnlondon.com/im-06153452?size=1.5

The announcement comes as USS Investment Management said it won’t bid for the property firm.

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Property Firm Assura

The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

The New Survival Guide for Private Equity: Go Big or Get Back to Basics

The Chinese technology giant has begun tests to integrate homegrown startup DeepSeek’s AI model into its Weixin messaging app.

Tencent Shares Rise as App Launches DeepSeek Testing

Tencent Shares Hit More Than Three-Year High as App Launches DeepSeek Testing

Unicoin bills its token as being backed by billions of dollars in real-world assets, but Biden administration regulators and some crypto executives were skeptical.

By Alexander Osipovich and Caitlin Ostroff

Will Trump’s Crypto Cops Still Police Fraud? This Flashy Startup Poses a Test

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mUW7z68r5rCRYdiJtZqEQ08p2gFLMkazMZ9cMAaxNrc6u79nj/rABD3Xch9rPqoxN1xuA/JegOnrf3iXvndo60paMWSnGWgyXqlYJhnvsl8Cz97hyjldA/O+bNnYud8CQZtlq2siUhIFFSFNscEdITJie6rlCDde7GqkM68fncYB67vL/BSZdu3pgcMev/Vsi45/ELNPgFsSCz7rmreBMRh1IisuDyKlQ+4glphFJ9cssbM6YLo8RQ4ugOyufXfYbAGCal5OnesVtjI/rWKEbLdDmvSWoTXMhni8UXplSKhKOCf2wXcBJVRogaMYQlf6LhVI2pQPLvPP

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Goldman joins the ETF fray

Financial News

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

Bain Capital Ends Pursuit of Fuji Soft

The New Survival Guide for Private Equity: Go Big or Get Back to Basics

Tencent Shares Rise as App Launches DeepSeek Testing

Will Trump’s Crypto Cops Still Police Fraud? This Flashy Startup Poses a Test