Unilever shares surge after Peltz takes a stake, though reports say job losses loom unilever Unilever shares have surged this morning after it was revealed that notorious activist investor Nelson Peltz had taken a stake in the firm.
Aviva Investors calls for businesses to increase focus on human rights and biodiversity Aviva Investors Asset manager Aviva Investors will push firms to increase their focus on biodiversity and human rights as it looks to promote a more rounded approach to corporate sustainability.
JP Morgan launches sustainable investment team to target high-growth climate firms JP Morgan JPMorgan's asset management arm has launched a new sustainable investment team as the bank ramps up efforts to hit its climate change commitments.
THG woes continue after Moulding’s mother rides to his defence January 24, 2022 Shares in embattled e-commerce group THG plummeted today after Citi Bank downgraded its profit guidance for the firm and it was revealed that boss Matt Moulding’s mother rounded on a journalist in defence of her son’s achievements.
Activist investor moves to oust Peleton boss January 24, 2022 Activist investor Blackwells Capital has moved to oust the boss of beleaguered home-fitness firm Peloton after it was revealed that the company was scaling back production last week.
EU plans to label gas and nuclear plants as green risk misleading investors, experts warn January 24, 2022 EU plans to label gas and nuclear plants as green investments risk causing confusion and misleading investors, expert advisors to the bloc have warned.
Brookfield taps up London team to expand hedge fund business into Europe January 24, 2022 Canadian investment giant Brookfield Asset Management is expanding its hedge fund footprint into Europe.
Bumper year for shareholders as UK dividends rebound to hit £94bn January 24, 2022 Shareholders enjoyed bumper payouts last year as dividends rebounded from a pandemic slump to hit £94.1bn, new figures have revealed.
“Stay at home” stocks tumble as global covid restrictions ease January 24, 2022 “Stay at home” stocks that boomed during the pandemic have slumped since the start of the year in a sign that investors and economies are beginning to shake off habits picked up through covid lockdowns. Shares in Netflix and Peloton were among the biggest fallers last week as bosses cut back growth projections and warned [...]
Vin Murria-backed AdvancedAdvT sweetens bid for M&C Saatchi January 23, 2022 Tech investment vehicle AdvancedAdvT has sweetened its bid for advertising group M&C Saatchi with a partial cash alternative.
