Rare sighting: UK homecare provider mulls summer listing June 11, 2024 Hales Group, a provider of homecare in the UK, is considering floating on London's AIM market this summer.
IG Group launches UK derivatives platform June 11, 2024 IG Group has launched a platform in the UK providing US-listed options and futures trading called Tastytrade.
City row erupts against proxy advisers over executive pay June 10, 2024 Proxy voting advisers, which recommend how shareholders vote at company meetings, have often blocked votes to hike executive pay
Meet the fund managers: Matthew Tillett on hunting for value June 10, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Matthew Tillett, manager of the Premier Miton UK Value Opportunities fund.
Inside the collapse of Baillie Gifford’s literary sponsorships June 5, 2024 Baillie Gifford has been met with boycotts due to its investments in fossil fuels and firms operating in Israel, leading to the end of its sponsorship of Edinburgh Book Festival.
Why Scottish Mortgage trust is selling Nvidia June 5, 2024 Scottish Mortgage, the second largest investment trust in the UK, has warned that though the future for AI is bright, companies like Nvidia might not carry on bringing in the record gains that they have managed over recent months. While Scottish Mortgage is on board with the vision of an AI future, deputy manager Lawrence [...]
Nick Train rakes in £16m despite fund’s poor performance June 4, 2024 Despite publicly apologising for the poor performance of his fund, Nick Train has been raked in millions from running his trust.
Whisper it, but private equity returns might just be too good to be true June 4, 2024 The private equity sector has built a reputation for steady returns but are they an illusion?
UK acquisition deals fall to pandemic low as foreign eyes turn away from London June 4, 2024 The number of UK mergers and acquisitions fell to their lowest in March since 2020, as the rate of foreign companies buying British businesses almost halved throughout the quarter. There were 426 M&A transactions in the first quarter of the year, 18 fewer than the previous quarter, data from the Office for National Statistics revealed [...]
Londonmetric to hike dividend by a fifth following mega-merger June 4, 2024 Londonmetric swung from a loss to £118m profit in 2024 as the real estate investment trust reported a 22 increase in rental income.
