Odey Asset Management looks to shut down wealth business October 9, 2023 Odey Asset Management plans to close down its wealth businesses after its eponymous founder stepped down amid a series of allegations against his behaviour.
Taskforce unveils UK ‘gold standard’ guidelines for firms to share green plans October 9, 2023 A Treasury taskforce has revealed its “gold standard” guidelines for companies to report their plans to tackle climate change.
Woodford investors take step closer to £230m payout after administrator’s takeover October 9, 2023 Burnt investors in Neil Woodford’s collapsed fund are a step closer to a £230m payout today after the management firm behind the failed vehicle was formally taken over.
Crypto firms braced for FCA clampdown on rogue marketing tactics October 6, 2023 Crypto firms are braced for a clampdown next week as the regulator rolls out a swathe of new rules designed to shut out rogue marketing tactics from the market.
ESG exodus: Investors flee green funds as ‘party runs out of steam’ October 5, 2023 Investors bolted from responsible investment funds in record numbers over the summer as the ESG frenzy that gripped the market for the past five year begins to run out of steam, according to new figures.
Tech firms listing in London? That’s a red flag, says short seller Carson Block October 5, 2023 Any tech firm that lists in London should raise alarm bells, short seller Carson Block has said today, as he took aim at the City’s “clubby” culture and focus on pedigree.
‘Betting on human nature’: Short seller Carson Block on fraud, death threats and why he’s sniffing around UK firms October 5, 2023 'Betting on human nature': Short seller Carson Block on fraud, threats and why he's sniffing around UK firms
London floats sink again – but analysts eye buoyant times ahead October 4, 2023 The amount of cash raised on the London Stock Exchange sank again over the past three months as the global IPO market remained hobbled by soaring inflation and roiled public markets.
Investors ignoring ESG claims in the hunt for returns, report suggests October 4, 2023 Green credentials are on the wane as a driver of investor decision making as money managers and retail punters hunt for firms with healthy bottom lines, a new survey has suggested.
Government’s London Stock Exchange boosterism is anti-competitive, claims rival boss October 4, 2023 The government’s drive to boost the appeal of the London Stock Exchange (LSE) has been slammed as anti-competitive by rival exchange Aquis, which claimed ministers have been unfairly promoting the LSE in their efforts to breathe life into the City’s IPO market this year. The London Stock Exchange’s main market and smaller Alternative Investment Market [...]