Investors pile into UK equities after pre-Budget selling December 4, 2024 UK equity funds ended a 41-month streak of outflows last month as investors piled back into the market following Rachel Reeves’s tax-raiding Budget. After suffering their worst month on record before in the run up to the October fiscal plans, fund flows reversed sharply as investors poured money back into the market, with buying for [...]
Premier Miton: UK equity market still ‘out of favour’ December 4, 2024 The AIM-listed investment company reported that pretax profit fell to £3.2m in the year-to-November, down from £5.9m last year.
CMA takes steps towards probe into BlackRock’s acquisition of Preqin December 3, 2024 The British competition regulator takes first steps towards a probe into BlackRock's anticipated £2.55bn acquisition of financial data group Preqin
Etoro: ‘We could still float in London but things need to change’ December 3, 2024 The UK boss of trading platform Etoro has opened up about what the London Stock Exchange has to do to win its backing.
The investment industry is primed to support the government’s growth agenda December 3, 2024 Taking risks is essential to economic growth, but too many people are missing out on the opportunities investment can bring, says Chris Cummings The anticipation in Mansion House was palpable as Rachel Reeves delivered her first address to the financial services industry last month. As leading figures across UK business and government listened to the [...]
9fin: Data start-up raises £40m for credit markets tech December 2, 2024 Financial data start-up 9fin has raised $50m (£39.3m) as it looks to grow a foothold in the market for debt and private capital research. The London-based fintech announced a Series B round led by growth capital investor Highland Europe. 9fin did not disclose at what valuation it had raised the money. It was reported a [...]
Maradona’s shirt, Holyfield’s belt and Peaty’s trunks: How the world went crazy for sports memorabilia November 29, 2024 The phenomenon hit the headlines earlier this year when a baseball shirt worn by Babe Ruth was sold for $24m (£19m).
Lower interest rates not enough to rally consumer confidence November 18, 2024 After a steady climb throughout the year so far, consumer confidence dipped in November amid warnings it could continue to fall into 2025. Overall confidence fell from 47.3 in October to 46.9 in November, according to the S&P Global UK Consumer Sentiment Index (CSI) survey. The neutral mark is 50. Chief business economist at S&P, [...]
Winners of Alternative Credit Awards announced November 13, 2024 | Sponsored The Alternative Credit Awards 2024, hosted by Alternative Credit Investor magazine, took place on Wednesday 6 November at the Royal Lancaster London. These prestigious awards commemorate the most influential fund managers, specialist lenders and service providers in the alternative credit industry. The evening started with a sparkling drinks reception, followed by a gala dinner, before [...]
The Notebook: We have to talk more about money! October 29, 2024 Money remains a conversational taboo for many Brits, but if we want a country of investors, we have to talk about it, writes Camilla Esmund.