American hedge fund manager and founder of Saba Capital Management
Major recruitment firms have reported mixed quarterly results with improving temp hiring in some regions but weak demand in Europe. Net fees fell, executives caution on the year ahead as firms push cost cuts and focus on AI-driven efficiencies.
Barratt Redrow has announced investor returns plans, returning about £400 million via buybacks and £14 million via dividends, while signaling continued cost-cutting and supply chain management to offset higher build costs. The update follows investor pressure from Phoenix Asset Management Partners to pursue larger buybacks.