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Investment
NatWest shares sale targets 2 Million Ordinary Investors
The government wants to convince up to 2 million people to buy NatWest shares when it sells its stake in the bank.
The company has asked marketing firms to pitch to run the publicity campaign for the sale to create buzz similar to John…
Air Astana warns before float bid
Air Astana could be worth up to 750 million pounds sterling when it goes to market. This is the Kazakhstan flag carrier's plan to be the largest float this year in London.
Air Astana, however, has given 50 reasons to potential investors…
Woodford compensation deal could set a dangerous precedent
Experts claim that the City regulator’s £230m compensation deal for Woodford Investors is "likely" to set a "dangerous precedent" for UK finance by removing the "cornerstone protection" of investors.
Five academics with expertise in…
Jupiter shares fall as star fund manager leaves ship
Jupiter Fund Management is under pressure after a star fund manager, responsible for £10billion of client assets, defected to start his own company.
Jupiter shares plunged up to 20 percent after the company announced Ben Whitmore's…
Investors pullback on ESG fund launches as launch numbers plummet
Investors have shied away from funds that claim to be sustainable and/or socially responsible, having become more aware of the claims made by asset managers.
Morningstar Direct data shows that only six funds, citing environmental and…
Blackstone launches retail private equity fund
Blackstone Group raised $1.3bn to create a private equity investment fund for wealthy individuals. This is a sign of renewed momentum in the company's efforts to expand beyond institutions like pension funds.
Blackstone Private Equity…
Citigroup to launch China-based Investment Bank
Citigroup will launch an investment banking division in China to further its involvement in China’s financial markets, even though rivals are becoming more cautious in the country.
A person familiar with the matter said that the large US…
Investors applaud sharp change in fortunes at Rolls-Royce
In the beginning of this new year, investors in Rolls-Royce who have not had much to cheer about in the past are now in a good mood.
The Stoxx 600, Europe's biggest listed companies, will see the FTSE Engineer's share price rise by 224…
Foreign investors withdraw $33bn of bets on China’s growth
Nine-tenths (90%) of the foreign capital that was expected to flow into China's stock exchange in 2023 is already gone, due to growing doubts over Beijing's commitment to taking serious measures to boost the economy.
According to…
UK investors avoid London-listed stocks
By the end of 2023, private UK investors are expected to have pulled the largest amount of money in over two decades from London listed equities as the cost-of-living crisis continues to bite. This will further compound a flight away from…
BlackRock sued by Tennessee for ESG strategies
BlackRock was sued on Monday by the US state Tennessee. The lawsuit accused the $9.1 trillion New York-based asset management firm of violating consumer laws by ignoring environmental, social, and governance factors when developing its…
Activist investor Cevian gains 20% thanks to CRH relisting
Cevian Capital, one of Europe's biggest activist investors, has seen gains of nearly 20 percent this year. This is due to the performance of building materials company CRH which switched its primary listing from London to New York this…
Tech funds adopt private-equity strategies to compete for cash returns to investors
Venture capitalists in Silicon Valley are hurrying to establish private equity-style structures in order to safeguard their portfolios and provide returns to investors. The VC funds which invest in start-up tech companies typically last 10…
UAE launches $30bn Investment Fund at COP28
According to sources familiar with the situation, the United Arab Emirates will launch a $30bn fund to invest in climate change with BlackRock TPG and Brookfield.
The UAE is launching the campaign to boost its credentials as the host of…
Barclays is exploring a plan to drop thousands investment banking clients
Barclays is considering dropping many investment bank clients to increase profits and reduce costs by £1bn.
Barclays' executives met more than once this year to discuss the restructuring. The codename for the project is Minerva, after the…
Shell and BP could need US$ 945 billion in order to achieve net zero energy major
Shell and BP could need US$945 Billion to become net-zero energy major
Investors who are proactive - Shell PLC or BP PLC may need to spend US$35billion every year to stay a'major energy company' until 2050.
In order to achieve net…
Private equity buys back companies after IPO failures
In an effort to salvage investments which have failed to perform well on the stock exchanges, private equity firms buy back companies that they recently brought public.
In the last few months, firms such as EQT Cinven and Silver Lake…
Mars’ Hotel Chocolat deal is part of the push to premium chocolate.
The UK boutique chain's founding directors received a sweet £280mn payout from Mars' acquisition of Hotel Chocolat last week. The acquisition also filled in a gap in the brand mix of the US-owned confectionery giant.
As governments…