Whitbread: Activist investor pushes for sale of FTSE 100 Premier Inn owner Hospitality An activist investor with a major stake in Premier Inn’s owner Whitbread has called for the FTSE 100 firm to put itself up for sale, attacking its “chronic misallocation of capital”. Corvex Management, which owns 11.8m shares – around seven per cent – in Whitbread, has issued a scathing rejection of the firm’s latest cost-saving [...]
Nelson Peltz’s son calls for Intertek to engage with £10bn offer Markets Matt Peltz, the son of billionaire activist investor Nelson Peltz, has called on FTSE 100 testing firm Intertek to accept the latest £10bn offer by a Swedish private equity firm, as investors clash over whether the board should sell up. The buyout firm submitted its fourth offer on Tuesday morning, which valued shares at £60 [...]
Herald trust saved after Saba and Aberdeen ink deal Investing Aberdeen and US activist hedge fund Saba have reached agreement for the Scottish investment juggernaut to manage Herald Investment Trust, ending a years-long arm wrestle over the trust’s future. In an eleventh-hour deal that will save Herald from being wound down, Aberdeen will recruit eight of the fund’s staff – including fund manager Katie Potts [...]
Not everyone in the City is friends with Savvy the Squirrel April 27, 2026 Last week the government rolled out its industry-backed nationwide campaign to encourage more Brits to enter the stock market in a bid to revitalise the stock exchange. The ‘Invest for the Future’ campaign has employed Savvy the Squirrel to carry the message across the UK, in reminiscence of the Tell Sid adverts in 1986, with [...]
Semi-liquid vehicles set to surpass $3 trillion as more retail investors enter the market April 20, 2026 Wealth managers and private market fund managers anticipate semi-liquid assets under management to rocket over the next four years, as more retail investors tap into the market. Assets under management (AUM) held in semi-liquid vehicles is expected to exceed $3 trillion (£2.2 trillion) in 2030, according to Carne Group, with the market nearly tripling between [...]
War of words erupts after Saba wins trust shareholder showdown April 13, 2026 A war of words has broken out between American activist hedge fund Saba and the investment trust it is trying to take control of, after the US investor won a crunch shareholder vote paving the way for it to seize power at the 130-year-old FTSE 250 trust. Saba Capital launched a fresh broadside against Edinburgh [...]
Iran war sparks sharp reversal in European ETF rally April 9, 2026 European ETF flows ran out of road in March, as the Iran war pared back market gains from the first two months of the year and investors returned to the sidelines. The European exchange-traded fund (ETF) and exchange-traded commodities (ETC) market saw a sharp decline in investment during March, gathering only €9.4bn (£8.1bn), according to [...]
Saba’s final push sparks investment trust reckoning April 5, 2026 Edinburgh Worldwide Investment Trust has caved to years of pressure from US activist investor, Saba. Its chair tells Ali Lyon why it is asking shareholders to vote to break up the fund, and what it says about the wider investment trust industry. To Jonathan Simpson-Dent, being labelled a fraud, a liar and a romantic luddite [...]
Cavendish warns Iran conflict could damage long-term growth April 1, 2026 Heightened geopolitical tensions, including the Iran war, could damage investor confidence and suffocate long-term growth if they persist, UK investment bank Cavendish has warned. The AIM-listed group noted that while certain “macroeconomic conditions had been trending more positively”, including gradually declining interest rates and rising capital allocation into European markets, investor sentiment continued to be [...]
Hargreaves Lansdown services resume after technical glitch March 21, 2026 The UK’s largest DIY investment platform Hargreaves Lansdown has confirmed clients can once more access their accounts after a technical problem on Friday brought operations to a standstill. The platform reported that it was “no longer seeing” the earlier technical issues in a statement on Friday evening, with customers once more able to make transactions. [...]