A Steel Baron's Bundle Dots Billionaire's Row
Feb. 5 (Bloomberg) -- ArcelorMittal chairman and CEO Lakshmi Mittal has accumulated billions on the back of a juggernaut steel business, among other ventures. Olivia Sterns takes a look at his fortune. (Source: Bloomberg)
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Decision to Freeze Fund Has Been Vindicated: Richards
13:43 - M&G Investments will reopen its £4.5 billion property fund on November 4, Chief Executive Officer Anne Richards tells Francine Lacqua on "Bloomberg Surveillance." Funds investing in commercial property, including Standard Life Investments and a number of others, declared it had suspended U.K. Real Estate funds as people tried to get their money back following the Brexit vote. Several funds had shut the door to prevent unnerved customers forcing fire sales of offices, shopping malls and warehouses.