Hay was just the first: Asset managers under microscope over Israel investments May 28, 2024 Israel's invasion of Gaza has sparked protests against companies sending weapons to the country. Are sustainable asset managers next?
Would Labour’s plans for a British sovereign wealth fund work? May 28, 2024 While we don’t know the details of a Labour manifesto yet, we do have one solid commitment from them: a sovereign wealth fund. “The National Wealth Fund will be a crucial tool in our armoury towards bringing about growth,” shadow chancellor Rachel Reeves has said. Senior City figures have been calling for the establishment of [...]
Met to deploy 80 detectives over Post Office scandal May 27, 2024 The Metropolitan Police is set to deploy 80 detectives to investigate the Post Office Horizon IT scandal, despite expectations that any criminal prosecutions on the incident could take years to come in.
Softbank to invest $9bn in pivot to AI May 27, 2024 Japanese tech company Softbank is to invest almost $9bn in artificial intelligence, as it pivots away from its traditional venture capital model of investing. Softbank became known globally for its flagship Vision Fund, investing in pie in the sky companies which occasionally translated to a massive win. Most famously, the company invested a staggering total [...]
Meet the fund managers: Finding bonds in emerging markets May 27, 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 Victoria Harling, head of emerging market corporate debt at Ninety One.
China accuses UK of false accusations against Chinese citizens May 25, 2024 China accused Britain on Saturday of false accusation, “wanton stigmatisation” and arbitrary arrests after the unexplained death of a man charged with illegally assisting Hong Kong’s foreign intelligence service. China’s foreign ministry office in Hong Kong said in a statement on its website that it strongly condemned Britain for what it said were false accusations [...]
Next government should consider ban on phones for under-16s, report says May 25, 2024 The next government should consider a statutory ban on mobile phones in schools and a total ban on phones for under-16s, a report from MPs says. The House of Commons Education Committee said tougher guidance on mobile phones in schools and how to manage children’s screen time at home is needed to better protect young [...]
Will National Grid’s £7bn fundraise be enough for its ambitions? May 23, 2024 The new £60bn plan is ambitious, with just over half of the investment being spent in the UK, and the rest going to National Grid's US operations.
Hargreaves Lansdown shares surge after bid from private equity giants May 23, 2024 Hargreaves Lansdown has rejected a takeover bid by a consortium of private equity investors including CVC and Abu Dhabi's sovereign wealth fund, the company confirmed today.
Election 2024: Ballot unlikely to be ‘huge market mover’ May 22, 2024 While the UK election might be about to take over our lives, it is unlikely to have significant effects on the market, experts have said.
