Why investors are sounding the alarm on Sunak’s climate U-turn Net Zero Rishi Sunak’s move to ditch a host of key climate policies will have a chilling effect on the flow of cash into the country as the US presses ahead with sweeping green subsidies, top investors have warned.
Arm and Instacart slides shows the global IPO window may have already slammed shut IPO A slide in the value of Arm and delivery outfit Instacart have dampened hopes that the global IPO market is about to swing wide open, analysts have warned today.
Inside story: How Cavendish became the City’s newest bank INterview In late January, two bankers sat across from each other at the 57-year-old Chelsea haunt La Famiglia for a tete-a-tete over wine and dinner. The traditional Tuscan eatery is something of a hotspot for celebs and off-duty City types – a pre-sanctions Roman Abrahamovic even used to entertain Jose Mourinho there over a bowl of [...]
M&G hails ‘progress’ as profits and flows surge ahead of City bets September 20, 2023 M&G hailed “good progress” in the first six months of the year today as profits surged ahead of City predictions despite volatility still roiling the market and denting its assets under management. The London-listed investor said its assets had tumbled to £332.8bn at the end of June, down from £342bn at the end of last [...]
Pension market needs ‘culture change’ to unlock startup investment, Phoenix boss warns September 20, 2023 The pension market needs a “culture change” if waves of cash are to be unleashed into the country’s start-ups, the boss of Phoenix has said.
Hargreaves Lansdown’s new boss passes first big test – but challenges lie ahead September 19, 2023 Hargreaves Lansdown’s new chief Dan Olley was given a boost today after posting a 50 per cent jump in annual profit - but challenges lie ahead for the firm.
Liontrust braced for rebellion as bosses face shareholders after GAM debacle September 19, 2023 Fund manager Liontrust is braced for a potential revolt over the paypacket of its bosses this week as it faces a fractious meeting with shareholders following its collapsed takeover of GAM.
Hargreaves Lansdown profits surge despite ‘challenging’ conditions spooking investors September 19, 2023 Hargreaves Lansdown topped the City’s profit predictions for the year today despite “challenging” market conditions triggering a sharp fall in the amount of cash flowing into its platform over the past 12 months.
Can the City’s pension superfund dreams become reality? September 19, 2023 Government must go further and faster in reforming the UK’s pensions market if ‘superfunds’ that pump cash into the stock are to become reality, experts have warned.
Phoenix smashes City forecasts as it doubles long-term cash generation on annuities growth September 18, 2023 Pensions giant Phoenix sailed past analysts’ estimates and more than doubled its long-term cash generation in the first six months of the year despite a “challenging market environment”.
