Ninety One reports record profits after £5bn inflows May 18, 2022 London-listed asset manager Ninety One reported record profits today after notching up £5bn inflows in the past year, despite a slowdown in the final quarter sparked by soaring inflation and war in Ukraine.
Morgan Stanley throws weight behind Thought Machine in $160m funding round May 18, 2022 Morgan Stanley has thrown its weight behind London fintech Thought Machine in a $160m funding round announced today, as the London-based cloud banking firm gears up for international expansion.
Crypto tokens and crypto coins: what drives performance? May 18, 2022 | City Talk Much of the crypto world is, by definition, cryptic and difficult to understand. But two crypto trends are crystal clear: both talent and money are flooding into the digital currency market. Almost every day brings a fresh announcement about software developers from Google or financiers from JPMorgan joining crypto start-ups. Indeed, while the total market [...]
Early-stage venture capital stays resilient as headwinds batter public tech stocks May 18, 2022 Early-stage venture capital firms are doubling down on investments in 2022 despite a sell-off frenzy in public tech stocks and growing scepticism of growth-focused tech valuations.
Tiger Global slashes bets on big tech amid global sell-off May 17, 2022 Prolific tech investor Tiger Global has slashed its bets on big tech firms in the first quarter of the year after suffering heavy losses amid a global tech rout.
M&C Saatchi bats away yet another takeover bid May 17, 2022 The investment vehicle spearheaded by tech tycoon Vin Murria has launched a fresh takeover bid for M&C Saatchi today which values the advertising giant at £253.6m.
Don’t try and call a bottom to the crypto crash, warns UBS investment chief May 17, 2022 Investors should prepare for crypto to continue cratering after a market rout wiped more than $400bn from the market last week, a top investment chief warned today.
KKR swoops on London-listed ContourGlobal in £1.75bn deal May 17, 2022 Investment giant KKR has agreed a deal to snap up London-listed power generation firm ContourGlobal for £1.75bn as it looks to bolster its renewable energy portfolio, the firms announced today.
Exclusive: European tech lending surges as startups look beyond equity rounds May 17, 2022 European tech lending boomed to $14.77bn last year as startups looked beyond equity finance to fuel growth, a new report has found.
Storegga closes £51.3m funding round as foreign cash pours into UK renewables May 16, 2022 UK carbon capture firm Storegga announced a £51.3m funding boost from a host of international backers today, as foreign capital continues to pour into UK ‘cleantech’ and renewable energy firms.