London Stock Exchange chief: Risk aversion is holding back our capital markets April 26, 2023 British investors need to better understand risk if the UK is to realise the potential of its capital markets, the chief of the London Stock Exchange said today, as top City figures were grilled by MPs on an exodus of firms away from London.
Man Group records $1bn net inflows as investors jitters ease April 26, 2023 Hedge fund Man Group notched more than $1bn of net flows into its funds in the first three months of the year and bumped up its assets under management as investors edged back into the market after a turbulent 12 months.
London over and out: CRH confirms New York listing swap after ‘strong support’ from shareholders April 26, 2023 Building supplier CRH said it will press ahead with plans to ditch its London in favour of New York today, confirming a major blow to the City as it scrambles to revive the appeal of its capital markets.
UK venture capital investment tumbles to pre-pandemic levels as market jitters linger April 26, 2023 Venture capital investment in the UK tumbled back to pre-pandemic levels in the first three months of the year as a slump in start-up valuations and volatile markets continue to spook investors.
Quilter ‘cautiously optimistic’ as investor flows tick upwards April 25, 2023 Wealth manager Quilter said it was “cautiously optimistic” today as flows onto its platform rose again in the first three months of the year.
Jupiter sheds £900m as nervous investors shun UK stocks April 25, 2023 Skittish investors pulled £900m from fund manager Jupiter in the first quarter of the year as volatility on the markets continues to weigh on investors’ appetite for UK and European stocks.
Calm before the storm? Private equity deals come roaring back after subdued start to the year April 25, 2023 Private equity deals in the UK slumped to their lowest level since 2020 in the first quarter of the year - but analysts are predicting it may just be the calm before the storm.
Bitcoin could top £80,000 by next year, Standard Chartered says April 24, 2023 Bitcoin could surge to $100,000 by the end of next year as central bankers ease interest rates and a so-called “crypto winter” thaws, according to analysts Standard Chartered.
Medica becomes latest London-listed private equity target in £269m deal April 24, 2023 A medical technology firm which supplies the NHS has become the latest company to fall into the sights of private equity today, as bidders capitalise on low prices and swoop on listed British companies.
Revolut shareholder slashes firm’s value by nearly half as investors sour on tech April 24, 2023 Revolut’s value has plunged by nearly half over the past year according to one of its shareholders, as investors reconsider the hefty price tags attached to tech and fintech firms during a 2021 funding frenzy. Schroders Global Innovation Trust, a long-time Revolut investor, revealed in a regulatory filing last week that it had written down [...]
