Arm chief nets £55m after blockbuster New York float June 2, 2024 The boss of Arm netted £55m last year after floating the British chipmaker on New York’s Nasdaq stock exchange, according to reports.
Any new government must step in and revive London Stock Exchange, says former chief June 2, 2024 The ex-boss of the London Stock Exchange has warned the capital's beleaguered bourse is unlikely to see a revival unless the next government implements a major overhaul.
The stark reality of the London Stock Exchange’s exodus June 1, 2024 2024 has not been a vintage year for London listings. UK markets have said goodbye to giants like Darktrace and Flutter. We reveal the full scope of the exodus.
Baillie Gifford ends Edinburgh Book Festival sponsorship after fossil fuel row May 31, 2024 Scottish asset manager Baillie Gifford has been dropped as a sponsor for the Edinburgh International Book Festival after a row over the company's investments in fossil fuels and companies benefiting from Israel's occupation of Palestine.
AI venture capital trust dishes out more funding May 31, 2024 Superseed Capital, a venture capital fund investing in early stage companies focusing on AI and software as a service, has invested almost half a million pounds over the last three months.
Former FCA chair: Labour can rebuild ties with regulator after ‘depressing’ Tory turmoil May 30, 2024 The Labour party can rebuild ties with the City regulators if elected to government after a fractious breakdown in relations marked by “political point-scoring”, the former chair of the Financial Conduct Authority (FCA) has claimed.
Scaredy cats? Brits shy away from stock market compared to Americans May 30, 2024 The number of Brits investing in the stock market currently sits at only 23 per cent, compared to 61 per cent for Americans.
BHP abandons £39bn pursuit of Anglo American May 29, 2024 BHP has abandoned its pursuit of Anglo American today after the London-listed firm refused to offload its South African iron ore business prior to a deal and declined to extend takeover talks.
The first trust in a year just debuted – and it’s aiming for £500m May 29, 2024 The first public listing for a trust in over a year has unveiled its initial public offering prospectus and is aiming to raise £500m. Special Opportunities REIT (real estate investment trust), an internally managed REIT, said it would look to debut on the London market next month in the largest REIT IPO in well over [...]
Impax hit by outflows as investors adopt ‘risk-off’ stance May 29, 2024 ESG-focused Impax Asset Management has seen continued net outflows into 2024 as investors withdraw from sustainable funds, while its investment performance drove a growth in assets under management.