FTSE 100 falls even further behind international peers in disappointing start to 2024 February 10, 2024 London markets have posted a weak start to 2024 compared with international peers as investors snub the FTSE indexes for better returns elsewhere.
From premium to peril: The tumultuous journey of Digital 9 Infrastructure and its uncertain future February 9, 2024 Once a darling of the infrastructure sector, the Digital 9 Infrastructure investment trust has seen its share price sink lower and lower, dropping over 40 per cent since January alone.
Woodford investors set for £230m payout as judge sanction compensation scheme February 9, 2024 Investors in Neil Woodford’s collapsed investment fund are set for £230m in payouts after a court approved a controversial redress scheme today.
AI teacher? Hambro Perks invests in ‘Edtech’ firm February 8, 2024 The company claims that its AI 'Edtech' had been found to improve the GCSE results of students who used it.
Speedy Hire: Investor takes advantage of record low share price to increase stake February 7, 2024 An institutional investor has taken advantage of a sharp slump in Speedy Hire's share price to almost double its stake.
UK investors pumped £2bn into equity funds in January – the highest in three years February 7, 2024 UK investors added over £2bn to equity funds over January, the highest level since April 2021, according to Calastone’s Fund Flow Index. The £2bn was the eighth strongest month for equity inflows on record since Calastone began recording the data nine years ago, and was credited to a “distinct surge in buying interest”, as buy [...]
Year of the Dragon: Why investors have soured on China’s economic prospects February 7, 2024 China has powered global growth for decades, but as the year of the dragon begins, has the country still got its fire? Elliot Gulliver-Needham reports
Amundi: Europe’s largest asset manager makes £300m private market push February 7, 2024 Europe’s largest asset manager Amundi is set to buy a Swiss private markets specialist as it becomes the latest large asset manager looking to expand into the alternatives sector. The French firm said today that it would be paying €350m (£298.3m) for Alpha Associates, which currently manages €8.5bn of assets. The acquisition will bring Amundi [...]
Ashmore suffers further outflows as emerging markets improve February 7, 2024 Ashmore, the emerging markets manager, has suffered further outflows despite stronger performance over the last six months.
BlackRock holds top spot for tenth time in ‘another bruising year’ for UK fund industry February 7, 2024 BlackRock came in first place for gross retail sales throughout the year, followed by Legal & General, Fidelity and HSBC AM.