‘Nearing a turning point’: Reinsurers set to pay out as climate disasters loom Insurance The insurance industry is bracing for severe losses in the next financial year as global natural disasters trigger higher claims from consumers. Morningstar analysts predict reinsurance earnings to peak over the course of 2026, arguing that the industry is currently at the bottom of a low-loss weather cycle, meaning it is seeing the end of [...]
How the SpaceX IPO revealed a ‘back door’ into Britain’s capital markets Markets The UK’s public offer platform regime was rolled out as part of a package of reforms designed to get capital flowing into British companies. Now SpaceX has used it to raise funding in the biggest IPO of all time – in New York. Maisie Grice asks whether the changes are working as intended. In January, [...]
‘Novel and extreme’: Analysts calls out SpaceX governance days before IPO Investing Analysts and major institutional investors have expressed alarm over the corporate governance of SpaceX as its Wall Street debut creeps closer. The concerns from institutional investors, in particular public pension funds, over corporate governance at Elon Musk’s space tech company “run deep”, with firms in New York and California deeming the structure “novel and extreme”. [...]
Will the SpaceX IPO send retail investors into orbit? June 5, 2026 SpaceX is preparing the largest retail allocation ever attempted in a megacap IPO in its anticipated listing later this month, with Elon Musk seeking to reserve as much as a quarter of the company’s $75bn float for individual investors. Musk reportedly wants ordinary investors cemented near the centre of the group’s ownership straight from blast [...]
Space X bumps back to earth as analysts slash value June 3, 2026 Morningstar analysts have valued Space X at $780bn (£579.9bn), a figure less than half of what the company is reportedly aiming for in its upcoming initial public offering. The valuation comes roughly 48 per cent below its private market valuation, with Elon Musk’s company looking for a valuation between $1.7 trillion and $2 trillion. The [...]
Iran war sparks sharp reversal in European ETF rally April 9, 2026 European ETF flows ran out of road in March, as the Iran war pared back market gains from the first two months of the year and investors returned to the sidelines. The European exchange-traded fund (ETF) and exchange-traded commodities (ETC) market saw a sharp decline in investment during March, gathering only €9.4bn (£8.1bn), according to [...]
Private markets suffer ‘reality check’ as fundraising dries up February 3, 2026 Private markets fundraising fell to a decade low across Europe in 2025, after a slowdown in dealmaking and stuttering performance led major buyout shops to struggle to return cash to investors. According to a fresh analysis of the sector, a dearth of new mega fund raises and “persistent liquidity constraints” across the industry led fundraising [...]
Magnum only scoops €8bn valuation on stock market debut December 9, 2025 Unilever’s demerged Magnum Ice Cream Company netted a €7.8bn (£6.8bn) valuation on its stock market debut, heavily undershooting early analyst expectations at an initial public offering overshadowed by a long-running spat with the founders of Ben & Jerry’s. Shares in the ice cream group, which also owns the Cornetto and Wall’s brands, opened 60 cents [...]
Don’t overlook UK stocks in 2026 December 1, 2025 The UK stock market has long been shunned by retail investors, as the AI boom, inflation woes and gloomy economic conditions spark the search for greater returns in overseas markets, particularly the US. While this narrative has held back many investors from tapping into the UK, the London index has bounced back in 2025, with [...]
Why are asset managers turning away from the US? October 28, 2025 Asset managers are increasingly choosing to diversify their portfolios away from US stocks, despite Wall Street’s pronounced rally, as fears over being overexposed to secular markets grows. US markets saw a significant bounce back in recent months, shaking off the lows that followed Trump’s tariff announcement in April, with investors not yet losing their appetite [...]