When Lipa Friedman found a four-storey townhouse in London for £1.5m that had planning permission to be renovated into flats, he thought he had hit the jackpot.

L1 Capital says it plans to convert a listed investment company run by Platinum Asset Management into a global long-short vehicle after blocking a board proposal to change the structure to an ...

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President Donald Trump’s broad tariffs go into effect, just as economic pain is surfacing Subscribers are entitled to 10 gift sharing articles each month.