Burford Capital shares crash after US court overturns $16bn Argentina ruling March 30, 2026 Shares in the dual-listed group Burford Capital have dropped nearly 50 per cent since a US court overturned a ruling in favour of Argentina, a blow to the litigation funder. The US Court of Appeals for the Second Circuit reversed the District Court’s previous ruling that found Argentina liable to pay $16bn to former shareholders [...]
Wall Street private credit fears grow as Apollo blocks withdrawals March 24, 2026 Wall Street’s private credit crisis has spread further as further asset management giants blocked withdrawals from flagship funds. Apollo Global Management became the latest shadow bank to cap redemptions from one its biggest private credit funds after investors tried to pull $1.6bn (£1.1bn) over the last three months, as investor worries over the $3 trillion [...]
Hargreaves Lansdown services resume after technical glitch March 21, 2026 The UK’s largest DIY investment platform Hargreaves Lansdown has confirmed clients can once more access their accounts after a technical problem on Friday brought operations to a standstill. The platform reported that it was “no longer seeing” the earlier technical issues in a statement on Friday evening, with customers once more able to make transactions. [...]
Hargreaves Lansdown customers unable to make transactions after tech problem March 20, 2026 Customers at the UK’s largest DIY investment platform Hargreaves Lansdown have been locked out of their accounts, leaving them unable to make transactions during a period of severe market volatility. Since Thursday evening, investors attempting to log on to the website were unable to access cash savings, pensions and investment accounts because of an IT [...]
FCA chief clashes with investment industry on over-reliance March 19, 2026 The investment industry must stop being over-reliant on regulators and solve their own problems in order to make investors less risk averse and boost economic growth, the financial watchdog has said. Speaking in an interview with City AM, Simon Walls, interim executive director of markets at the Financial Conduct Authority (FCA), argued that despite the [...]
International investment into UK businesses dips March 19, 2026 High-growth British companies with international founders have seen significantly reduced cash injections from overseas over the last five years, raising concerns around inward investment into the UK. Sums raised by these companies have dropped 36 per cent since 2021, according to the latest analysis from Rathbones using data gathered from Companies House filings. The number [...]
City AM Awards 2026: Meet the Finalists March 18, 2026 And the nominees are…. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of Octopus Energy has become one of the UK’s most prominent business leaders, known for his straight talking and punchy views across a range of topics including UK entrepreneurship, the business environment, capital markets and, of course, energy. In August [...]
Ex Titan Wealth chief executive is back to tackle the market once more March 18, 2026 The former chief executive of Titan Wealth has launched a new wealth management business in a bid to modernise the traditional market. Derek Miles, who is also the former chief executive of Aspira, launched Nine Edge Wealth on Wednesday with co-founder Kyle Augustin, who was previously chief executive at Fintel IQ. Jo Blake, also formerly [...]
Victory Capital raises offer as Janus Henderson bidding war heats up March 17, 2026 Victory Capital has increased its offer for rival asset manager Janus Henderson as the bidding war with Trian Fund Management and General Catalyst heats up. The latest offer from Texas-based Victory Capital comes just days after its previous approach was rejected, with the firm saying on Tuesday it would offer $40 (£29.96) per share in [...]
‘We can only hold back the tide for so long’: Edinburgh trust urges investors to back exit plan March 16, 2026 The chair of one of Britain’s oldest investment trusts has urged its shareholders to back its proposed exit plan, saying the board had “exhausted all other options” in its bid to prevent a US activist investor from seizing control of the trust. Jonathan Simpson-Dent told investors that Edinburgh Worldwide Investment Trust (Ewit) remained under “persistent [...]