Spring Statement 2025: City praises potential ISA reforms March 26, 2025 Chancellor Rachel Reeves confirmed in the Spring Statement that reforms to Individual Savings Accounts (ISAs) are on the horizon, a statement that has been welcomed by the investment industry in the City of London. “The government is looking at options for reforms to Individual Savings Accounts that get the balance right between cash and equities [...]
Private equity market bullish on resurgence in deals March 26, 2025 Private equity chiefs have become bullish for a surge in deals this year, in a rare piece of good news for the London Stock Exchange. When polled, 79 per cent of private equity general partners said they were expecting returns to rise this year, compared to just 24 per cent in 2024, data from Investec [...]
City grandees launch bid to unseat Urban Logistics chair March 26, 2025 An investment trust run by City grandees has called a shareholder vote to unseat the chair and two directors of Urban Logistics REIT. City veterans Christopher Mills and Robert Naylor run Achilles Investment Company, and have banded together with Waverton Investment Management, TR Property Investment Trust and Harwood Capital to launch the takeover. Naylor and [...]
Schiehallion: Value of Spacex stake in Baillie Gifford trust skyrockets March 26, 2025 Baillie Gifford’s Schiehallion trust marked up the value of its holdings in Elon Musk’s Spacex by 86 per cent last year, as the trust worked to close the gap between its share price and underlying assets. The valuation of Spacex, which makes up 9.4 per cent of Schiehallion’s portfolio, has increased by more than 600 [...]
Vistry: Labour housing pledge to boost company despite profit slump March 26, 2025 Vistry’s share price has slumped five per cent this morning after halting its final dividend of the year, as the housebuilder’s chief described 2024 as a “challenging year” The FTSE 250 firm managed to meet the weak forecasts expected by the markets in its annual results, with profit before tax falling 35 per cent to [...]
US investment giant: This isn’t a repeat of the dot-com bubble March 26, 2025 With the recent dip in US tech stocks coinciding with the 25th anniversary of the dot-com bubble’s peak in March 2000, many investors are worrying that history is set to repeat itself. Indexes of US ‘mega cap’ stocks have fallen 6.7 per cent this year, underperforming all other market sectors, according to data from US [...]
Pantheon International and Harbourvest’s investment shakeup boost returns and cuts fees March 25, 2025 Private equity trusts like Pantheon International and Patria PE have undergone a significant shakeup in investment structure over the last decade, which analysts say is set to cut fees and boost returns. “There has been a major shift in the composition of many of the listed private equity companies portfolios in recent years,” explained Stifel [...]
Woodford investors join case against Hargreaves Lansdown March 25, 2025 Investors in Neil Woodford’s former fund have seen their numbers in the legal case against Hargreaves Lansdown swell to over 8,300. RGL Management, which is leading the claim, said it had added a further 1,700 investors to the claim in recent weeks in a claim that estimates suggest could reach as large as £200m. Following [...]
FCA chief vows to support growth agenda ‘with urgency’ March 25, 2025 The chief executive of the Financial Conduct Authority (FCA) has said the watchdog is “going so much further” on its mission to boost growth in the UK, amid pressure from the government for regulators to cut red tape. Writing in City AM this morning, Nikhil Rathi said the FCA had presented the Prime Minister with [...]
UK board members brace for wave of takeover bids March 24, 2025 Non-executive directors of UK companies and bracing for a wave of takeover bids throughout 2025 as British firms face continual share price weakness. As many as 80 per cent of non-executive directors said that their companies are more vulnerable to a takeover bid, according to data from investment bank Peel Hunt. Last year, a host [...]
