SpaceX $2T Passive Fund Crisis & Rathbones Share Crash
This week on Heart of Wealth, host Dylan Lobo unpacks a regulatory nightmare for Rathbones, rising anxieties in the private credit market, and how the massive SpaceX IPO is triggering an identity crisis for passive index investors. This Week's Headlines Rathbones Rocked by the FCA: A Section 166 skilled person review triggers a 17% share price crash and forces a massive £60 million compliance overhaul. Private Credit Peril: Wealth chiefs warn of a major mis-selling backlash as US funds limit redemptions and European investors get trapped by strict soft locks. The SpaceX Passive Crisis: A staggering $2 trillion valuation forces index providers to drop an incredibly expensive stock directly into millions of standard passive portfolios. The Panel: Dylan Lobo (Host) Dan Kemp (Founder, Portfolio Thinking & Former Morningstar CIO) Jeremy Gordon (Citywire Journalist) Selin Bucak (Citywire Journalist) #spacex #privatecredit #passiveinvesting

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