ReutersDeliveroo narrows price range ahead of London market debutFood delivery group Deliveroo has narrowed the price range on its initial public offering, ensuring its order books were fully covered for what will be London’s biggest IPO in a decade. The London-based company, founded by boss William Shu in 2013, could be valued at up to 7.85 billion pounds ($10.85 billion) in its stock market debut on March 31. The listing is set to be London’s biggest IPO since Glencore in May 2011 and also the biggest tech float on the London Stock Exchange, dwarfing The Hut Group last year.BloombergSecret-Strategy Funds Struggle to Win Fans in Their First Year(Bloomberg) — They were a hot new thing in an industry known for innovation. But in a year when practically everything on Wall Street boomed, exchange-traded funds that hide their strategies struggled to make a mark.Active nontransparent ETFs — known as ANTs — are touted by proponents as the key to sucking yet more assets from the mutual-fund world. They merge the access and tax advantages of ETFs with the magic of active management, letting stock pickers deploy their investment playbooks without fear of front-running or copycats.Yet 12 months after two American Century…
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UPDATE 1-T-Mobile to wind down live TV services, offer YouTube TV
