Bill Ackman’s Pershing Square USA to offer shares at US$50 in IPO
Pershing Square USA, a fund managed by billionaire Bill Ackman, said on Friday it plans to offer shares at $50...
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Rate cuts… and a spending boost that will turbo-charge retail giants
Clive Beagles describes the past five years running a UK equity investment fund as 'like running up a down escalator'...
EU proposes new choice to tap Russian money
(MENAFN) In a strategic maneuver aimed at facilitating support for Ukraine amidst ongoing geopolitical tensions, the European Union (EU) is...
Best of British… fund that seeks to steal America’s Big Tech glory
The UK stock market may be overshadowed by its Big Tech-dominated counterpart across the Atlantic, but these are rather good...
European Banking Federation Urges EU to Make Banking Key Strategic Sector AASTOCKS Financial News
You expressly agree that the use of this app/website is at your sole risk. AASTOCKS.com Limited, HKEx Information Services Limited,...
Fund that buys when firms are ‘toddlers’ (and sells as teenagers)
It is all change at UK fund manager Tellworth. The business, set up seven years ago by Paul Marriage and...
US banks’ profit picture less clear with cloudy rates trajectory
NEW YORK, April 12 (Reuters) - The uncertain trajectory of interest rates is making it hard for U.S. banks to...
BlackRock topples Schroders as UK’s top fund brand
BlackRock has knocked Schroders off the top of an influential ranking of UK fund brands, with the US behemoth also edging...
UK capital markets reform must help investment trusts as they suffer heavy discounts, says Abrdn funds boss
By Christian Pittard, Head Of Closed-ended Funds And Managing Director For Corporate Finance At Abrdn Updated: 09:07 08 Feb 2024...
I’m a fund manager and here’s why I back big banks Barclays and NatWest
UK banks are predicted to have a difficult time in 2024 as interest rates fallInterest rates falling means profit margins...
