Goldman-backed Petershill announces bumper dividend after pick-up in dealmaking September 17, 2024 Petershill Partners has announced a special dividend of 9 cents (7p) per share after a flurry of deals and a successful asset raising round helped the private equity firm return to growth. The Goldman Sachs-backed firm, which floated on the London Stock Exchange three years ago, generated a total income of $146m (£111m) in the [...]
JTC: Profit soars after spate of acquisitions September 17, 2024 Financial services provider JTC has hailed a good start to the year after beating its upgraded guidance after a flurry of acquisitions. The acquisitive fund management firm, which is a FTSE 250 constituent, reported revenue of £147.1m in the six months to 30 June, a 21.1 per cent rise on the year prior. Earnings before [...]
Yes, the UK needs more investment – just not necessarily by government September 17, 2024 After all, the public sector isn't always best suited to overseeing large scale investment projects like the disastrous HS2, writes Julian Jessop
Activist short seller Hindenberg accuses stock behind AI boom of ‘accounting manipulation’ August 28, 2024 Activist short seller Hindenberg Research has targeted Super Micro Computer in its new report for “accounting manipulation”, as the group takes aim at the centre of the AI boom. The $32bn company has “ridden the wave of AI enthusiasm” to grow its stock price almost 700 per cent over the last two years, the group [...]
Meet the Fund Managers: Pantheon International co-lead manager talks mistakes and defends private equity August 12, 2024 In this episode of Meet the Fund Managers, Elliot sits with Helen Steers, co-lead manager of private equity trust Pantheon International Plc (PIP).
Rachel Reeves’s investment cuts ‘concerning’ and send a ‘worrying signal’ says think tank August 7, 2024 In its latest set of forecasts, the National Institute for Economic and Social Research (NIESR) warned that the new government would fall well short of its growth target unless it lifted public investment.
London pub group handed lifeline after administration and closure woes August 6, 2024 A London pub company that partly collapsed into administration earlier this year and closed a number of sites has agreed a £61m deal.
Which were the best and worst performing funds in July? August 2, 2024 Smaller company funds were the best performing on the market in July, as the cheapest assets on the market finally started to bounce back.
Investment in UK equities tumbles to record low as US sucks in new money August 1, 2024 The amount allocated to UK equities by UK investment managers fell to a record low of 20 per cent in 2023, as the US continued to dominate new money coming into the market.
‘Engine of the UK’s economy’: Mid-sized firms set to ramp up investment in boost to growth July 22, 2024 More than half of the UK's mid-sized firms plan to invest at least £3m in the next five years.