Mary McDougall manages pension reporting for the FT and helps my blog a lot. I see this morning her name plastered on the asset management newsletter featuring US companies. I have taken her advice and subscribed to what is a new venture for Mary and the FT.
Here’s the style
More than a month has passed since Ohio-based automotive parts maker First Brands filed for bankruptcy, with investors still taking stock after one of America’s highest-profile bankruptcies in years.
HSBC is the latest to warn on the wider risks in private credit markets, highlighting that even financial institutions with limited direct exposure to recent blow-ups are on an alert, write Arjun Neil Alim and Ortenca Aliaj.
“What is very important in these situations is to consider the second and third-order risks,”
said Pam Kaur, HSBC group chief financial officer, adding that the exposure of smaller lenders and hedge funds
“that we may be dealing with . . . becomes a primary focus for us”.
If you like Mary as a journalist and want to get her newsletter taking a view on where much of our DC pension funds are invested , you can sign up to the FT and this newsletter.
Here’s the invitation from the FT to people who’ve subscribed. Congratulations Mary, the content, format and tone fit me right down to the ground!
Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is an on-site version of the newsletter. Subscribers can sign up here to get it delivered every Monday. Explore all of our newsletters here. Does the format, content and tone work for you? Let me know: mary.mcdougall@ft.com
