Harmony Energy joins wave of investment trust buyouts March 17, 2025 Another investment trust looks set to be taken over by a private equity group amid a steep discount in share prices for UK trusts across the market. Harmony Energy Income Trust has been offered £190.8m by Foresight Group LLP, a private equity and infrastructure investment house, the trust announced today. The deal looks likely to [...]
Investec Champions Cup Barometer: La Rochelle versatility shows March 10, 2025 In the lead up to the 2024-25 Investec Champions Cup round of 16, City A.M. has put together a barometer in partnership with Investec to assess which teams are hot – and which are not – ahead of April’s knockouts. Player of the week: Oscar Jegou, La Rochelle Sometimes the best players are the ones [...]
Impax slashes jobs after loss of St James’s Place mandate March 5, 2025 Impax Asset Management has made 10 per cent of its employees redundant after losing a £5.1bn mandate from St James’s Place. The 30 layoffs, which Impax said should save over £11m for the firm annually, have occurred over the last six months, the company said in a stock exchange update today. Job losses resulted from [...]
LaLiga launches UK free-to-air rights tender as ITV deal comes to end March 4, 2025 Spanish football’s LaLiga has launched a media rights tender for free-to-air coverage of games in the United Kingdom. Two packages are on offer to British and Irish broadcasters: the first for exclusive access to all LaLiga matches, and the second for free-to-air matches scheduled for 8pm on Sunday evenings. ITV Sport has been the host [...]
Investec Champions Cup Barometer: Stand up for the Ulster Men March 3, 2025 In the lead up to the 2024-25 Investec Champions Cup round of 16, City A.M. has put together a barometer in partnership with Investec to assess which teams are hot – and which are not – ahead of April’s knockouts. Team of the week: Ulster Before the weekend Ulster, based in Belfast, had been toppled [...]
Why Melvyn Jaminet’s transfer to Toulouse could relegate rugby giants February 27, 2025 Everybody dreams of playing for Toulouse. But what is the story of Melvyn Jaminet, a €450,000 loan and a potential salary cap breach and forced relegation? Across much of the length and breadth of Europe you’ll struggle to find a city where football isn’t the primary sport. But in the Pink City of Toulouse, around [...]
Rathbones beats profit expectations as merger progresses February 26, 2025 Rathbones’ operating income increased to £895.9m in 2024, beating analyst expectations as the firm progressed with its merger of Investec Wealth and Investment (IW&I). The wealth manager revealed profit before tax almost doubled last year, from £57.6m to £99.6m in its full-year results. The firm’s underlying profit before tax increased from £127.1m to £227.6m, above the [...]
Investec Champions Cup Barometer: Bordeaux battle to victory February 24, 2025 In the lead up to the 2024-25 Investec Champions Cup round of 16, City A.M. has put together a barometer in partnership with Investec to assess which teams are hot – and which are not – ahead of April’s knockouts. Team of the week: Bordeaux France may have been unstoppable against Italy in the Six [...]
Investec Champions Cup Barometer: Galacticos Toulon back on form February 17, 2025 In the lead up to the 2024-25 Investec Champions Cup round of 16, City A.M. has put together a barometer in partnership with Investec to assess which teams are hot – and which are not – ahead of April’s knockouts. Team of the week: RC Toulon One of Europe’s biggest dynasties belonged to RC Toulon [...]
Employer confidence heading in the ‘wrong direction’ as firms plan job cuts February 17, 2025 A new survey suggests that more firms are planning job cuts in the next quarter than at any time in the last decade, excluding the pandemic. The latest labour market outlook from the Chartered Institute of Personnel and Development’s (CIPD) paints a bleak picture of the labour market, as firms plan job cuts in response [...]