Can English clubs mount an Investec Champions Cup charge? December 6, 2024 If you were to list the last five English appearances in an Investec Champions Cup final you’d find Exeter there once and Saracens the other four times. Before that it was Northampton Saints in 2011 and before that London Wasps and Leicester Tigers in 2007. But if you were to ask me to predict which [...]
Premier Sports boss on Champions Cup, 24/7 rugby channel and rights December 5, 2024 Ahead of the Investec Champions Cup, City PM sat down with Richard Sweeney of Premier Sports as the broadcaster takes on European rugby’s rights. When the Champions Cup TV deal between TNT Sports and European Professional Club Rugby (EPCR) came to an end, many assumed a copy-and-paste agreement would see the partnership continue. But the [...]
Ninety One: Profit sags as investors continue to pull funds November 20, 2024 Investors pulled £5.3bn from asset manager Ninety One over the last six months, although a strong investment performance helped offset outflows. In the group’s half-year results, the Anglo-South African financial firm revealed that while outflows had hit growth, overall assets under management had risen one per cent to £127.4bn in the six months to 30 [...]
Investec downgrades ‘deeply underwhelming’ Martin Currie trust October 29, 2024 Investec has downgraded a Martin Currie-run investment trust due to its “deeply underwhelming” performance, arguing investors should sell out of the vehicle. The performance of the £234.5m Martin Currie Global Portfolio has been “concerning” and its attempts to keep its stock price up are “clearly not sustainable,” warned Investec analysts Alan Brierley and Ben Newell. [...]
Why these City firms will be the winners and losers of Rachel Reeves’s Budget October 28, 2024 Nervousness has gripped the City over the past month. A vacuum of fiscal policy has been filled by speculation and companies are scrambling to draw up plans ahead of a potentially punitive tax-raiding Budget from Keir Starmer and Rachel Reeves. Among the most gloomy warnings have been an inadvertent gutting of London’s junior AIM market [...]
AJ Bell says Budget jitters are causing investors to pull pension money October 17, 2024 AJ Bell has warned uncertainty around Rachel Reeves’s Budget this month is causing investors to pull pension money from its platform and hold off contributing to their retirement pots. In a trading update for its financial year to September, the FTSE 250 firm said it had seen an acceleration of cash exiting the platform amid [...]
Investec set for profit boost despite challenges in the UK September 20, 2024 Investec delivered an upbeat trading update for the first half, with profit on track to increase compared to last year despite challenges in the UK. The bank expects adjusted operating pretax profit in the six months to September to be between £450m and £482m, up from £441m in the same period last year. Headline earnings [...]
Premier Sports planning 24/7 rugby channel with Champions Cup at heart August 14, 2024 Broadcaster Premier Sports are planning to create a 24/7 rugby union channel after announcing a deal to show every match of the Investec Champions Cup over the next three years. Club rugby’s top competition is moving from TNT Sports, mainly due to the Warner Bros. Discovery company making an investment into international rugby with the [...]
Rathbones profit skyrockets 120 per cent as Investec merger pays off July 31, 2024 Rathbones Group's underlying profit before tax skyrocketed 120 per cent in the first half of the year, after its merger with Investec W&I.
Brooks Macdonald faces continued outflows as takeover rumours swirl July 17, 2024 Brooks Macdonald investors pulled £154m from the asset manager over the last three months, despite analyst expectations of net inflows, as the company struggles with rumours of a potential takeover attempt.
