Huel would consider sale amid IPO market slump November 20, 2023 Chief Executive James McMaster told the Financial Times that Huel had considered the IPO market before it “died” at the beginning of 2022.
GAM’s UK equity team to transfer to Jupiter Asset Management November 20, 2023 GAM said there will be a “seamless transition” for clients which will allow them to remain invested in the fund.
UK pension funds concerned Mansion House reforms could lead to higher costs for investors November 20, 2023 UK pension funds have expressed concern that the Mansion House reforms could result in higher costs and greater risk for investors.
Wealthtech Prosper chief vows to improve on diversity November 20, 2023 Despite wanting to "shake up" wealth management, Prosper came under fire as people questioned the firm’s commitment to diversity.
One in four London Stock Exchange firms see ‘no advantage’ from listing: survey November 20, 2023 Almost one in four quoted companies currently see no advantage to maintaining a share listing in London, a new survey has found.
Shadowfall hedge fund turns against Darktrace November 19, 2023 The fund, led by ‘dark destroyer’ Matthew Earl, has shorted 0.52 per cent of Darktrace’s stock, worth around £12.8mn.
Walgreen to pay £1bn to offload Boots pension scheme November 19, 2023 Walgreens is believed to be offloading the scheme in order to restart a sales process for the health and beauty retailer.
FCA accused of data grab by consumer credit industry November 19, 2023 The proposals could see up to 40,000 businesses hand over customers' personal data such as postcodes, income and the size of their loans.
London Stock Exchange: Trade volumes crash by a third in just a year November 17, 2023 The figures come as boss David Schwimmer told The Sunday Times that the firm was more than just the home of the FTSE 100 index.
Equity funds see largest outflows since mini-budget scare November 16, 2023 Equity funds suffered outflows of £1.20bn in October. It was the sixth consecutive month of selling and the largest since September 2022.
