10/01/2020
Close Brothers Business Finance successfully facilitates MBO using CBILS
The deal was brokered by PMD Business Finance, a successful brokerage based out of Oldham, and who played a key role in the successful outcome of the MBO.
Alternative Investments
10/01/2020
MassMutual and GIC take additional 36% stake in Rothesay Life as Blackstone exits
This is a strong expression of confidence in the company and provides the business with exceptional long-term support from two of the world's leading institutional investors.
10/01/2020
Credit sentiment recuperates as dovish policy prevails
The longer-term economic outlook has improved lately due to the massive monetary and fiscal stimuli.
10/01/2020
U.S. Banks Pull More Assets From London Ahead of Crucial Brexit Deadline
London’s position as a gateway to Europe for U.S. banks is being eroded
10/01/2020
More sophistication being seen in use of captives
Lots of people have heard something about captives, they see their premiums rise by a multiple of five or six, and they think about a captive looking for a short-term benefit, to allow them to cope with the vagaries of the insurance market.
10/01/2020
Woodford investors to wait another year to get money back
As they are hit with a £16m wind-up bill from the administrators EmailFacebookTwitterLinkedInPrint
09/30/2020
Invesco launches currency-hedged versions of Physical Gold ETC
Currency fluctuations can have a material impact on investors.
09/29/2020
Octopus launches £25m Apollo VCT fundraise
“This is often by investing in research and development to improve existing products, enlarging the sales team, or expanding internationally.”
09/29/2020
French and Swiss asset managers launch sustainable equity fund
Clartan Associés and Ethos Services launch new Ucits-compliant and sustainable Europe small and mid-cap strategy.
09/29/2020
River and Mercantile to launch unconstrained European equity strategy for James Sym
The intention is to grow the yield whenever appropriate from a business cycle perspective.
09/29/2020
Boris Johnson promises to protect 30% of UK's land by 2030
National parks, areas of outstanding natural beauty and other protected areas make up 26% of land in England.
09/29/2020
Aldi to create 4,000 more UK jobs as sales surge in Covid crisis
Budget supermarket chain to open 100 new stores as part of £1.3bn investment
09/29/2020
Africa Speciality Risk Group opens up in London
ASR will provide risk mitigation and insurance products to local and international businesses trading in Africa, and will use Africa-specific pricing models.
09/28/2020
Global Financial Centres Index 28
GFCI 28 again shows a relatively high level of volatility, with 23 centres rising ten or more places in the rankings and 20 falling ten or more places.
09/28/2020
Where are the UK’s village property hotspots?
There are no areas of London where sales numbers have overtaken 2019’s full-year figures yet, but end-of-the-tube-line Upminster is the strongest market, with sales agreed up 42% so far this year on the same period last year.
09/28/2020
Commerz Real acquires Beckum wind farm from Energiekontor
The project is a so-called "repowering", in German power plant renewal.
09/28/2020
First actively managed sharia-compliant ETF to list in London
Fund will invest in companies with low leverage, ethical practices and good governance
09/28/2020
ESMA to Recognize Three UK CCPS from 1 Januray 2021
ESMA needs to conduct this determination before a TC-CCP can be recognised in accordance with the applicable requirements.
09/28/2020
Royal London enters equity release market amid LV= merger talks
In a statement today, LV= said: “Discussions are on-going and there can be no certainty that the discussions will result in any transaction being agreed or with whom."
09/25/2020
GFCI: Luxembourg Financial Centre Ranked Number 1 in the EU
Luxembourg has once again been ranked as a leading European and global financial centre according the latest edition of the Global Financial Centres Index 28.