FT News Briefing

Wealthy donors and campus speech

Dec 12, 2023

10:49

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Discussion on record-breaking investments in high-yield bond ETFs, UK government's controversial plan for asylum seekers, rise of anti-Semitism at US universities and wealthy donors' campaign criticizing university presidents for failure to address anti-Semitism

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Episode notes

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Quick takeaways

Investors poured a record amount into high-yield bond ETFs, indicating a willingness to take on more risk.

UK Prime Minister Rishi Sunak faces a pivotal vote in Parliament regarding his plans to send asylum seekers to Rwanda, risking his reputation and political future.

Deep dives

Record-breaking inflow into high-yield bond ETFs

Investors poured a record amount of $11.5 billion globally into high-yield bond ETFs in November, indicating a willingness to take on more risk. This inflow shattered the previous record set in April 2020. Additionally, ETFs overall globally received over $127 billion, nearly double the amount from the previous month.

Introduction

3min

Government's Approach to Asylum Seekers and Rwanda

2min

Bill Stakes and Rise of Anti-Semitism at U.S. Universities

4min

Wealthy Donors' Campaign and Potential Political Reckoning on Campus Speech

4min

Investors poured record sums into high-yield bond exchange traded funds in November, Rishi Sunak will on Tuesday seek to face down rightwing Tory rebels by pushing ahead with his controversial Rwanda bill, and the FT’s Joshua Chaffin tells us about the wealthy donors pushing for US universities to crack down on antisemitism.

Mentioned in this podcast:

High-yield bond ETFs attract highest flows on record in November

Government to face down party rebels over Rwanda bill

The Ivy League, Wall St donors and the furore over antisemitism on campus

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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