WisdomTree slams dissident investors for ‘false and misleading assertions’ May 6, 2022 Investment giant WisdomTree has hit back at what it said were “false and misleading assertions” levelled at the firm by shareholders ETFS Capital Limited and Lion Point Capital, after they accused the board of lack of concern for its investors.
Investment giants batten down the hatches as inflation soars May 6, 2022 Investment giants are braced for rampant inflation and an extended period of rate hikes after the Bank of England warned yesterday the economy is at risk of sliding into recession this year.
UK pensions regulator puts dampener on crypto as US funds dip their toes May 5, 2022 The UK pensions regulator has dampened hopes that British pension schemes may follow US counterparts into crypto investment today, claiming that fund managers should not “speculate” with savers’ cash.
Former Jupiter director slams boss and warns of a takeover swoop May 5, 2022 board director at asset management giant Jupiter has slammed the firm’s leadership and warned bosses the firm it is at risk of a takeover if they fail to arrest a slide in performance.
Fund flows show sign of rebound after March exodus May 5, 2022 Fund flows showed signs of recovery in April after outflows surged for a third consecutive month in March in the face of tightening monetary policy and war in Ukraine.
Hiscox sets aside £32m to weather impact of war in Ukraine May 5, 2022 Insurance giant Hiscox has ring fenced $40m to weather expected losses from the war in Ukraine, as it quantifies the hit of the conflict for the first time.
Sales boost for Next as shoppers take back to the high street May 5, 2022 High street giant Next saw a boost in sales in the first quarter of the year it continues to feel the lift of stores reopening after covid lockdowns.
BAE braced for demand boost in wake of war in Ukraine May 5, 2022 Defence giant BAE Systems said today it is expecting a surge in demand for its defence systems as Western nations ramp up spending in the wake of Russia’s invasion of Ukraine.
Ocado dodges rebellion as shareholders back pay boost for bosses May 4, 2022 Grocery tech giant Ocado has seen off an investor rebellion over its bosses’ pay packet despite two of the world’s biggest shareholders urging investors to vote against the plans.
Retail investors back passive funds to ride out market turbulence May 4, 2022 Retail investors piled into passive funds last month as they sought safety in blue chip stalwarts amid market turbulence, fresh data has revealed.
