Anglo American rejects new £39bn BHP bid but parties seek deal resolution in the ‘next seven days’ May 22, 2024 BHP has tabled a final £38bn offer for London-listed rival Anglo American as a deadline on a potential takeover closes this afternoon.
US Solar Fund survives vote to kill trust May 22, 2024 In the trust's annual general meeting yesterday, 35.4 per cent of investors voted for it to wrap up.
Why the prospect of a Shein listing is dividing the City of London May 22, 2024 Shein's plans to reportedly float on the London Stock Exchange have been seen as a welcome boost in some quarters. But the Chinese founded fast-fashion giant is posing difficult questions for the City, writes Charlie Conchie
Reports of the 60/40 portfolio’s death are greatly exaggerated May 21, 2024 Active managers in the 60/40 space are still overwhelmingly failing to beat an index that simply tracks the market, Fundhouse has found.
FCA boss threatens private equity with regulatory clampdown May 21, 2024 The boss of the Financial Conduct Authority has told private equity firms to hand over more information or face a regulatory clampdown today in the latest sign that watchdogs are tightening their scrutiny of the sector’s threat to financial stability.
Why one stockpicker thinks the FTSE 100 is ‘pregnant with value and opportunity’ May 21, 2024 The FTSE 100 and UK markets are "pregnant with value and opportunity", a leading City stockpicker has said
HSBC: Yet another investment bank says ‘buy Britain’ May 21, 2024 It could be time to buy UK stocks says HSBC
Not even debt is stopping young people from investing May 20, 2024 Despite fears that young people aren't investing enough, it turns out they are, even if they shouldn't be.
London Stock Exchange chief takes aim at ‘pernicious’ stamp duty on shares May 20, 2024 The boss of the London Stock Exchange described the effect of a stamp duty on shares as “pernicious” today as she claimed the gloomy “public narrative” surrounding the City was beginning to lift.
Not another one? Abrdn property trust moves to shutter May 20, 2024 Another Abrdn trust has moved to shutter after struggling to drum up enough interest from investors, as the number of trusts continues to decline rapidly. The £234m Abrdn European Logistics Income trust, which focuses on the European property market, reached the conclusion of its strategic review that in began in December, with its board recommending [...]