Petrofac mulls equity issuance as it battles to stay afloat April 12, 2024 Oil and gas exploration company Petrofac currently remains "in discussions" with its lenders over restructuring its massive debts, suggesting options such as exchanging equity in the business.
Premier Miton assets jump despite investors pulling millions from funds April 12, 2024 Asset manager Premier Miton saw investors continue to pull millions from its funds over the last six months, but managed to bring its assets under management up due to strong investment performance and an acquisition.
Inside the collapse of star manager Neil Woodford’s fund April 11, 2024 The FCA has pointed the finger at Neil Woodford and Link Fund Solutions for the collapse of the Woodford Equity Income fund.
FCA takes action against disgraced stock picker Neil Woodford for ‘defective understanding of responsibilities’ April 11, 2024 Former manager of the Woodford Equity Income fund, Neil Woodford, has been slammed by the FCA for his actions running the fund.
Is the London Stock Exchange’s AIM in terminal decline? April 10, 2024 The number of firms listed on London's AIM has cratered 30 per cent from 1,104 to just 742 in the last 10 years. Why?
Is there an AI bubble and will it burst? April 10, 2024 As stocks like Nvidia have risen over 200 per cent in the last year, some are worried an AI bubble is emerging. Jess Jones and Elliot Gulliver-Needham take a closer look
Third Point changes strategy on activist investors in bid to fix discount April 9, 2024 Hedge fund Third Point has appointed a duo of activist investors to its board in a bid to close the trust's wide gap between its net asset value and share price, despite previously strongly opposing them.
CVC: Private equity firm and Six Nations backer to launch £13bn Amsterdam IPO April 9, 2024 Private equity firm CVC Capital Partners is rumoured to be listing on the Amsterdam Stock Exchange as soon as next week.
Unite Group takes valuation hit from Spring Budget measures April 9, 2024 Unite Group took a hit to its valuations at the start of the year due to measures announced in the Spring Budget.
Will investment trusts flee the country over cost disclosure? April 8, 2024 Will investment trusts be forced to delist from the UK and move to Switzerland to escape unfair rules with cost disclosure?
