DEBATE: Did Chinese regulators have a legitimate reason for halting the IPO of Jack Ma’s Ant Group? Did Chinese regulators have a legitimate reason for halting the IPO of Jack Ma’s Ant Group? Tim Focas, head of capital markets at Aspectus Group, says YES. For any public listing, but in particular one of this magnitude, smart and sound regulation is of paramount importance. It can’t be one rule for one firm looking [...]
DEBATE: Was Gordon Brown right to sell off the government’s gold reserves 20 years ago? Was Gordon Brown right to sell off the government’s gold reserves 20 years ago? Tim Focas, director of financial services for Westminster think tank Parliament Street, says YES. While Gordon Brown could have sold at a better price, for the vast majority of governments across established economies, there is no real point to holding gold. [...]