‘Hard’ assets in demand: Deals by City’s distressed private equity funds treble to £1.8bn in just one year May 9, 2022 The leading mid-tier distressed asset private equity and debt funds in the UK made a total of £1.8bn of acquisitions of businesses last year, almost treble the £670m registered in 2020 and the highest figure for five years. The 12 specialist funds acquired 26 UK businesses in 2021, up from 19 the previous year. There [...]
City exclusive: Women occupy less than one in six senior positions at London hedge funds May 9, 2022 The financial industry has long been dominated by men, whether in banking, insurance, or hedge fund management. Even today, it has emerged that women occupy just 15 per cent of senior positions in the City’s hedge funds. A new study that was exclusively shared with City A.M. found that, within hedge funds, only one in [...]
Private equity firms dismiss Brexit concerns in European investment surge May 9, 2022 UK private equity firms shrugged off Brexit concerns and went on the offensive in Europe last year as acquisitions of corporates on the continent jumped 80 per cent, fresh data has revealed.
London-listed HydrogenOne injects £20m into fuel cell firm May 9, 2022 Energy investment vehicle HydrogenOne has pumped £20m into a fuel cell firm today as it looks to spur the development of emission-free electricity.
Aussie investors are poised for a UK green investment splurge, says National Australia Bank exec May 9, 2022 Australian firms are readying a further splurge of investment into the UK to capitalise a boom in renewable energy and infrastructure projects, according to a top National Australia Bank executive.
WisdomTree slams dissident investors for ‘false and misleading assertions’ May 6, 2022 Investment giant WisdomTree has hit back at what it said were “false and misleading assertions” levelled at the firm by shareholders ETFS Capital Limited and Lion Point Capital, after they accused the board of lack of concern for its investors.
Investment giants batten down the hatches as inflation soars May 6, 2022 Investment giants are braced for rampant inflation and an extended period of rate hikes after the Bank of England warned yesterday the economy is at risk of sliding into recession this year.
UK pensions regulator puts dampener on crypto as US funds dip their toes May 5, 2022 The UK pensions regulator has dampened hopes that British pension schemes may follow US counterparts into crypto investment today, claiming that fund managers should not “speculate” with savers’ cash.
Former Jupiter director slams boss and warns of a takeover swoop May 5, 2022 board director at asset management giant Jupiter has slammed the firm’s leadership and warned bosses the firm it is at risk of a takeover if they fail to arrest a slide in performance.
Fund flows show sign of rebound after March exodus May 5, 2022 Fund flows showed signs of recovery in April after outflows surged for a third consecutive month in March in the face of tightening monetary policy and war in Ukraine.