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The former Tinseltown studio boss is starting an investment fund called WndrCo LLC, according to a Securities and Exchange Commission filing on Thursday.

The 66-year-old entertainment-sector heavyweight has already raised nearly $600 million for the fund, which is expected to search for acquisitions in the digital media and tech industries.

The Post first reported Katzenberg’s plans for a venture capital fund on July 23. Katzenberg’s new corporate digs are listed at 9355 Wilshire Boulevard.

The filings suggest that two executives will be joining Katzenberg in his latest venture — Ann Daly, the former president at his former company, DreamWorks Animation, and Sujay Jaswa, who was a chief financial officer at Dropbox.

Jaswa is also a former senior adviser to JPMorgan Chase and joined Katzenberg in August, according to his LinkedIn page.

The filing suggests the fund won’t accept outside investments of less than $25 million. The filing also says the firm has already booked $591.5 million in the fund.

Forbes said Katzenberg’s net worth was $900 million after he sold DreamWorks Animation — creator of the Shrek character — to Comcast for $3.8 billion in 2016.

Katzenberg is believed to have pocketed $391 million in proceeds from the deal.

While running DreamWorks Animation, Katzenberg launched a digital content company aimed at youngsters, called AwesomenessTV.

Verizon paid $159 million for a 24.5 percent stake. Hearst holds a similar stake.

That firm is now part of Comcast, though DreamWorks New Media counts Katzenberg as chairman.

He collects 7 percent of AwesomenessTV’s profits in perpetuity.

Katzenberg might be eager to put his digital media learnings to work in the market. He was a longtime director of gaming company Zynga.

With all that money already raised, perhaps Katzenberg can buy a few vowels for his fund’s name.

Is billionaire Len Blavatnik ready to buy a movie studio?

The Ukrainian-born entrepreneur, who sprung $3.3 billion for Warner Music in 2011, is musing to friends that he’d like to grab a Hollywood studio.

Our On the Money spies speculate that Len has his sights on putting the band back together with his company’s former sibling, Warner Bros. Entertainment.

Of course AT&T has first dibs on Warner — the studio behind “Suicide Squad,” starring Margot Robbie — given the telecom’s $85 billion offer for Time Warner, but that doesn’t stop movie moguls who might be angling for a breakup.

Blavatnik has been a quiet investor in both movie and TV projects through his AI Film label, and recently backed a TV production joint venture with BBC Worldwide.

Blavatnik, worth $16.7 billion, has coveted a studio for some time, sources say, but whether he will pull the trigger is anyone’s guess.

“It’s Oscar time. It’s when everyone covets owning a studio,” a source told On the Money.

LXi Reit taps shift in investor demand for security over capital growth

A new real estate investment trust preparing for a London listing will buy properties with ultra-long leases to tap into investor appetite for bond-like returns.

LXi Reit, whose board includes senior figures in the UK property industry, will this week announce plans for a £200m flotation in February, according to a person familiar with the plans. The trust will be able to issue up to 200m additional shares through a placing programme in its first year.

It is the latest in a series of flotations and equity raises tapping into demand for steady income in a low-yield environment, particularly among pension funds and insurance companies which need to match long-term liabilities.

The shift in investor focus from growth to income has been further boosted by fears that capital growth in the current property cycle is drawing to an end, according to analysts.

The new investment trust, run by the private equity real estate firm Osprey Equity Partners, will buy properties with 20- or 30-year inflation-protected leases, such as hotels, industrial properties and retail sites.

This profile is similar to that of Secure Income Reit, a fund whose management company is chaired by Nick Leslau, the well-known property investor.

Shares in Secure Income Reit, which owns assets including 55 Travelodge hotels and the theme parks Alton Towers and Thorpe Park, have outperformed all other London-listed property stocks over the past year, with a rise of 19.4 per cent, according to Canaccord Genuity figures. By contrast, developers, especially those with exposure to London, experienced falls as large as 26 per cent.

Secure Income now has a market capitalisation of almost £720m after raising £140m in a heavily oversubscribed placing last October.

Another property fund focused on long leases, Impact Healthcare Reit, is planning a £180m flotation in March and will invest in residential care homes. Civitas Social Housing, the first Reit investing in social homes, was oversubscribed ahead of its £350m float in November, also targeting long-term inflation-linked yields.

Analysts at the investment bank Stifel said earlier this month that investors had shifted away from seeking growth, including harnessing rises in land values, and towards income from the property sector.

“The disparity between the two really became apparent post the EU referendum as investors sought out security and income over capital growth,” they said.

Major insurers, including Standard Life and M&G, run unlisted income real estate funds but until recently this sector has been difficult to access through the public markets.

LXi will target a dividend yield of at least 5 per cent a year. Its board will be chaired by Stephen Hubbard, who also chairs the UK division of CBRE, the world’s largest firm of property advisers.

Weekly Performance

Dow +1.34% S&P +1.03% Nasdaq +1.90% Russell +1.39% Mexico +2.35% (+5.79% in $) BRazil +3.26% (+4.36% in $) Nikkei +1.72% Hang Seng +2.07% CSI +1.76% Shanghai +1.87% EuroStoxx +0.12% FTSE -0.19% (+1.26% in $) CAC -0.22% Dax+1.58% Ibex +1.32% MIB -0.77% SMI +1.26%

Macro :

- Multinational Firms Pull EU144b From Belgium Since 2011: De Tijd

- Rothschild & Co. Co-CEO Says M&A Pipeline Above Yr-Ago: Investir

- Brazil Govt Preparing ’Mega-Auction’ of Pre-Salt Areas: Estadao

- Bank of China Weighs Dublin Move on Brexit: Sunday Independent

- FT : Markets enjoying a sugar high that will not last (Lawrence Summers) - http://on.ft.com/2k68fKD

- FT : Profit warnings from UK companies forecast to rise in 2017, Report by EY suggests 2016 figures ‘flattered to deceive’ - http://on.ft.com/2kIhj7G 

- Generic-Drug Price Pressure Doesn't Worsen Yet Remains in 2017

Keep an eye on :

- AIR FP : Germany Plans to Buy EU1B of Lockheed Martin Planes: Spiegel

- ALV GY : Allianz Said to Weigh Offering AUD15/Share for QBE: Handelsblatt (12.33 on Friday -

- BMPS IM : Paschi Reviewing Options on NPLs in New Business Plan: Falciai

- BT/A LN : BT Italy False Accounting Was Going On for 10 Years: Telegraph

- DBK GY : Deutsche Bank CEO Cryan Says EU Needs to Change: Welt

- ENGI FP : Engie Gets Financing to Build $1.2b Saudi Arabia Power Plant

- FCCN LN : Under Armour in Talks to Buy French Connection Store: Telegraph

- G IM : Intesa Chmn: Generali Not on Agenda of Bank Meetings Next Week

- MC FP : LVMH’s Biver Considering Retirement in 7 Years: NZZ am Sonntag

- MGGT LN : Elliott Sells Stake in Meggitt After Failing to Find Buyer for Aerospace Supplier

- ORA FP : FT Article interview of Arcep Director on Risk of content investment - in your inbox

- CFR VX : Montblanc Is Developing New ‘Smart’ Watch Straps, CEO Tells SoZ

- RDSA NA : Shell, Total Plan Battery Charging Points at Gas Stations: FT

- TSCO LN : Tesco's bid for Booker faces lengthy investigation by UK competition regulator

- SNAP IPO : Snap Said to Publicly File for IPO Late Next Week: Recode - http://bit.ly/2kcONOp

- FP FP : Shell, Total Plan Battery Charging Points at Gas Stations: FT

- VOW3 GY : VW Recalls 342,867 Audi A5, Q5, A4 Allroad, A6 on Coolant Pumps

- VOW3 GY : VW Recalls 234,054 MY2011-2017 Audi Q5 for Air-Bag Inflator

- VOW3 GY : Luxembourg’s Pension Fund Said to Blacklist Volkswagen: FT

- VOW3 GY : VW Dealer Says 20% of U.S. Diesel Sell-Back Customers Buying VWs

First, Dow 20,000 is a meaningless benchmark and crossing it means little. It is numerology not analysis to focus on round numbers. The Dow is an odd and arbitrary index that weights companies by their share price not their market value. It is highly limited in who is included, with Goldman Sachs accounting for over 20 per cent of the gain in the 30-stock index since election day.

Second, as Bob Rubin constantly reminded his colleagues in the Clinton administration, “markets go up, markets go down” and it is a mistake to judge policy on immediate market reactions rather than concentrating on fundamentals. The observation that the best post-election pre-inauguration performance of the stock market in the last 100 years occurred during Herbert Hoover’s transition underscores this point, as does the market’s poor performance during the Roosevelt and Obama transitions.

Third, there are indicators in markets of possible trouble ahead. While financial stocks have been very strong over the last several months, insider sales have soared.

Despite what most observers see as a highly uncertain environment, market expectations of near-term volatility are near record lows, suggesting scope for sudden disillusionment. Rapid inflows into mutual funds could easily go into reverse.

Fourth, the fundamental basis for a big market rally is very unclear. If “pro-business policies” were key over time it would not be the case that Democrat administrations have consistently seen stronger markets than Republican ones over the last 70 years. Recall also that nearly half of S&P 500 revenue is earned abroad and will not be enhanced by new US domestic policies but may be hurt by new nationalist measures. It is far from clear that corporate tax reform on the scale envisioned by the new administration will be passed this year and even the hallmark 1986 Act had only modest stock market impacts. The impact of regulatory changes will be felt only in some sectors and may be offset by new populist measures such as restrictions on pharmaceutical pricing.

Fifth, and most important, new governments with authoritarian tendencies have historically brought about bull markets even before they led to disaster. Governments with much stronger authoritarian tendencies than anything plausible in the US, like those of Hitler or Mussolini, nonetheless saw strong markets in their early years.

I am not sure which is more difficult: predicting what President Donald Trump will do next or timing the market. Either way, after the events of the last week it is much easier to imagine downside than upside scenarios.

Report by EY suggests 2016 figures ‘flattered to deceive’

Profit warnings by UK listed companies tailed off towards the end of 2016, reflecting relative economic stability after the Brexit vote, but 2017 could be much tougher for British groups, according to a report by EY, the accounting firm.

Quoted British companies issued 73 profit warnings in the last three months of 2016 compared with 100 during the same period in 2015, said the EY report.

With Britons having voted in a referendum in June last year to leave the EU, the number of warnings in the second half of 2016 “reflects relative stability in both the UK and global economy”, added EY.

Alan Hudson, EY’s head of restructuring in the UK, said: “The headline numbers show the UK economy weathering the initial impact of the Brexit vote remarkably well.” However, he added: “We expect 2017 to be . . . much tougher.”

Since the start of 2017 there has already been a marked uptick in companies prompting analysts to rein in earnings forecasts.

These include BT, Pearson, Next, Bovis Homes, Premier Foods and Lamprell. “There have been 21 profit warnings in the first 25 days of January this year compared with 15 in the first 25 days of 2016,” said EY.

The fall-off in profit warnings in the last quarter of 2016 compared with the corresponding period in 2015 “flattered to deceive”, said Mr Hudson.

Warnings at the end of 2015 jumped following the collapse in the oil price. The overall figures in 2016 also masked a stark divergence between midsized companies in the FTSE 250 and the 100 largest companies in the FTSE 100.

The number of profit warnings from FTSE 100 companies fell from 16 in the first half of 2016 to seven in the second half. By contrast, the number of warnings by FTSE 250 companies rose from 23 in the first half to 31 in the second half.

According to EY, the fourth quarter of 2016 marked a three-year high in the number of warnings from midsized FTSE 250 companies.

In part, this was because of rising costs, as a result of sterling’s weakness against other currencies since the Brexit referendum.

Many companies are struggling with uncertainty over pricing, and 27 per cent of the profit warnings by UK companies in the fourth quarter of 2016 were linked to cancellations and contract delays. None of these pressures are easing off, said EY.

Retailers and support services companies issued more profit warnings than groups in other sectors last year.

There was a sharp rise in repeat warnings. Half of the companies that issued warnings during the fourth quarter of 2016 had done so before last year.

Essentra, Cobham and Mitie have issued several warnings in the past year.

Reports coming out of Iran suggest that Apple has allegedly started removing iOS apps originating from the country’s startups and developers. Prior to this, Apple had, in a limited manner, opened up its App Store to Iranians in September 2016 and appeared to be gradually lifting some of the limitations, periodically, since then.

According to credible tech news site Techrasa, the biggest Iranian e-commerce service, Digikala, which has millions of users, had its app removed from the App Store just a few days ago.

While there is no official App Store available for the territory of Iran, many companies registered their apps as being outside of Iran to be able to get onto the store.

Digikala uses the Shaparak payment system which is completely isolated from international systems, so would in theory not contravene Apple’s T&Cs.

In addition, several banks in Iran have apps for the iOS platform which are often side-loaded onto phones.

Iranians are ‘gadget-mad’, with an estimated 40M smartphones in the country, of which there are an estimated 6M iPhones. The population is around 82 million, with an average age of under 30 years old. Reportedly, around 100,000 iPhones are smuggled into the country every month. Obviously this leads to an equally large market for after-sale services and accessories. In other words, if Apple could fully engage with the market, they would find it a highly lucrative one.

However the Iranian Transactions and Sanctions Regulations issued by the U.S. Department of the Treasury puts blocks on this market. According to Techrasa, Apple has sent the following to Iranian startups attempting to upload apps:

“Unfortunately, there is no App Store available for the territory of Iran. Additionally, apps facilitating transactions for businesses or entities based in Iran may not comply with the Iranian Transactions Sanctions Regulations (31CFR Part 560) when hosted on the App Store. For these reasons, we are unable to accept your application at this time. We encourage you to resubmit your application once international trade laws are revised to allow this functionality.”

TechCrunch has reached out to Apple for comment and will update this post if we get a response.