ESG-focused Impax grows assets despite almost £1bn in outflows January 9, 2024 In a statement to the market, the firm reported that total AUM climbed to £39.1bn at 30 December, up from £37.4bn at the end of September.
No point in a ‘perfect’ stock market if no one’s using it, City figure hits back at Carson Block January 9, 2024 There is no point in having a “theoretically perfect” stock market if no one uses it, a top capital markets figure has hit back at Carson Block.
Government should take ‘direct action’ to block firms floating outside London, City broker claims January 8, 2024 The government should grant itself powers to step in and block some companies from floating overseas or force them into dual listings in London, a top City broker has said.
US firms set to pounce on City’s low valuations as London M&A rebounds January 8, 2024 UK takeover activity is expected to pick up in 2024 as US giants look to snap up their British peers, according to investment bank Peel Hunt, after the market struggled with a dearth of dealmaking last year.
CMC Markets soars 26 per cent after raising income guidance as volatility pulls traders back to its platforms January 8, 2024 CMC Markets has raised its full-year operating income guidance after noting better market conditions.
Exclusive: Treasury urged to call emergency meeting to solve London’s listings crisis January 8, 2024 The Treasury is faced calls to convene an emergency meeting of top City institutions to try and stem the flood of firms away from London’s public markets, City PM can reveal.
CMA is like an ‘aggressive chihuaha’, says Elon Musk confidant January 5, 2024 Britain’s competition watchdog is acting like a small “chihuauha” in its “aggressive” interventions against UK deals, one of Silicon Valley’s most high profile tech founders has claimed.
London start-ups and tech firms battered by dramatic fall in venture capital January 5, 2024 UK venture capital funding cratered by almost half last year as rising interest rates and an economic downturn hammered start-ups and tech firms, new data has revealed.
Bargain hunt: How many firms were plucked from London’s markets last year? January 5, 2024 London lost a wave of firms from the public markets this year - and there could be more to come.
Don’t give up on St James’s Place, Hargreaves Lansdown, Abrdn and Schroders just yet, says broker January 4, 2024 There are signs of hope for asset and wealth management firms in 2024 despite structural issues battering the industry, according to one broker, as the prospect of near-term interest rate cuts offers a boost to investment performance.
