Phoenix Group to explore potential sale of Sunlife June 26, 2024 Phoenix Group, the UK’s largest long-term savings and retirement business, has revealed that it will explore a possible sale of its Sunlife business.
Investors take punt on Labour despite some stock market concerns June 26, 2024 38 per cent of UK investors said they'd be voting Labour, compared to 23 per cent for the Conservatives, according to a survey conducted by Finimize.
Meet the Fund Managers: Andrew Lake explains how to find value in escapism June 25, 2024 In this episode of Meet the Fund Manager, investment reporter Elliot Gulliver-Needham sits down with Andrew Lake, head of fixed income at Mirabaud Asset Management and manager of the Mirabaud Global Strategic Bond fund.
Labour is still ‘ambivalent’ towards the City – we need celebration, says Federated Hermes chief June 25, 2024 Labour is still “ambivalent” towards the City and neither of the major parties have done enough to “celebrate” its achievements, according to the UK chief of Federated Hermes.
City rounds on pension schemes over attempt to derail FCA listing changes June 25, 2024 City figures have rounded on a group of top pension schemes after they mounted a last ditch attempt to derail the Financial Conduct Authority’s shake-up of listing rules last week.
Good news doesn’t last as UK funds return to the red June 24, 2024 Investors withdrew £1.3bn from UK funds throughout May, ending the month of strong performance that the sector saw in April.
Warehouse REIT completes £57.5m of sales to reshape portfolio and boost dividends June 24, 2024 Warehouse REIT, the real estate investment trust, has completed £57.5m worth of sales as it looks to reshape its portfolio and increase its dividend coverage.
Firms moving listings to the US isn’t just bad for Brits, it’s bad for the planet June 23, 2024 The wave of British companies listing in the US isn't just bad for the London Stock Exchange, it's also worsening climate change.
Top pension funds: FCA listing overhaul will make life harder for UK firms June 21, 2024 A group of the UK’s top pension funds have sounded the alarm on planned changes to the UK’s listing rules today in a bid to derail efforts to strip back regulation from the City.
Life sciences Syncona struggles on amid oncology investments June 20, 2024 Life sciences investor Syncona is banking on a recovery in biotech as it has struggled to keep up its share price over recent years.