MSCI under fire for ESG ratings ‘biases’ that could cost investors January 22, 2024 A Liberum analyst has hit out at MSCI over its ESG ratings, calling for investors to ignore sustainability ratings from the firm due to “biases” in its ratings methodology that could lose them money. In a Substack blog post this morning, investment strategist Joachim Klement cited a recent paper from Bocconi University that found investors [...]
Accounting watchdog cuts red tape as ministers press regulators for UK growth January 22, 2024 The City’s accounting watchdog has confirmed a newly slimmed down rulebook for companies today as it looks to ease the red tape burden on firms and “support the growth and competitiveness” of the UK.
The activists are coming: Why London-listed firms are worrying about more than just takeovers January 22, 2024 Activist investors are gearing up for an offensive in London, and boardrooms across the City are scrambling to shore up their defences.
London-listed fintech says New York will become its ‘natural home’ after US share sale January 21, 2024 The boss of a top London-listed fintech has said New York is likely to be the "natural home" for the firm going forward, in a blow to London as it works to bolster its capital markets.
PMIs to offer investors update on health of global economy before US data steals show January 21, 2024 Markets will get an update on the health of the global economy on Wednesday when the latest round of PMIs are released.
Home REIT: Fennah heads for the exit with trail of destruction in her wake January 19, 2024 Home REIT chair Lynne Fennah announced yesterday she's finally heading for the exit - Charlie Conchie looks at why shareholders are saying it's about time.
Private equity-owned firms facing pressure over ‘poor’ human rights and ESG transparency January 19, 2024 Private equity-backed companies are under pressure to improve “poor” reporting on areas like human rights and social impact amid a global pull-back from environmental, social and governance [ESG] standards over the past year.
AJ Bell share price rises as AUA reaches record high thanks to net inflows January 18, 2024 In a trading update covering the three months to December, the firm that AUA in its platform business had climbed seven per cent in the quarter. This brought it to £76.2bn, a new record for the firm.
The venture capitalists with a ‘shared vision to positively impact the world’ January 18, 2024 A group of venture capitalists have launched a £5m fund with the aim to invest in up to 12 businesses in the next 18 months.
I was ‘institutionalised’ at Barclays – now I’m free to innovate, says former chief executive January 18, 2024 Charlie Conchie interviews the biggest movers and shakers in tech, fintech and financial services. This week, it’s former Barclays chief executive and 10x Banking founder Antony Jenkins.