Global Funds Up £51bn With UK Shares In ‘Chronic’ Loss
Calastone’s latest fund flow data shows that UK investors are increasingly shunning regionally focused funds — especially UK shares — in favour of global equities….
Calastone’s latest fund flow data shows that UK investors are increasingly shunning regionally focused funds — especially UK shares — in favour of global equities….
The number of companies listing on the stock exchanges of Europe has fallen to the lowest level since 2009, according to the Association for Financial…
European stock markets fell on Wednesday following Fitch’s downgrade of the the US government’s triple-A debt rating. Rating agency Fitch downgraded the United States to…
Luxembourg-based private equity giant CVC Capital Partners has raised €26 billion ($29.2 billion) for the world’s biggest-ever buyout fund. “CVC is pleased to announce the…
Research and consultancy firm ETFGI has reported that assets invested in the global ETFs industry (exchange-traded funds) reached a record $10.51 trillion at the end of…
Companies around the world took on $456 billion of net new debt in 2022-23, as of March 31, pushing the outstanding total up 6.2% on…
The European Commission has fined San Diego-based genetic testing company Illumina a record €432 million for closing its $8bn takeover of Menlo Park, California-based cancer test…
The European Commission, which issues EU-Bonds on behalf of the EU, said it successfully completed its eighth syndicated transaction since the beginning of the year, raising…
The European Investment Bank (EIB) announced it has provided a €435 million loan to Rome-based water utility Acea with the primary goal of strengthening and improving…
European policing agency Europol announced that the dismantling of the encrypted communications tool EncroChat, widely used by organised crime groups (OCGs), has so far led to…
By Mark McSherry Canada’s Investment Management Corporation of Ontario (IMCO) announced it will invest $400 million in battery producer Northvolt to help the Swedish company…
By Mark McSherry US semiconductor giant Intel is to invest more than €30 billion ($33 billion) to develop two chip-making plants in Magdeburg in Germany as part…
By Mark McSherry Europe’s Airbus has announced the biggest plane deal in history with an order for 500 narrowbody A320 Family aircraft from Indian budget carrier IndiGo…
By Mark McSherry The European Central Bank (ECB) raised euro zone borrowing costs to their highest level in 22 years on Thursday, with ECB President Christine…
EU regulators said on Wednesday that Alphabet’s Google may have to sell part of its adtech business to address concerns about anti-competitive practices. The European Commission…
Lombard Odier Investment Managers (LOIM) has announced the appointment of forestry expert Marc Palahi as its first Chief Nature Officer as part of the firm’s…
Iberdrola has signed a new financing agreement worth €1 billion with the European Investment Bank (EIB) to build an extensive network of 19 solar power plants…
By Mark McSherry Company share buybacks soared 22% to a record $1.31 trillion in 2022, according to Janus Henderson. Share buybacks have now tripled in…
By Mark McSherry Global company dividends jumped 12% on a headline basis in Q1 of 2023 to a first-quarter record of $326.7 billion, thanks mainly…
By Mark McSherry Bloomberg, MarketAxess and Tradeweb announced they have signed a joint venture agreement to establish an independent joint venture company “for the purpose…
By Mark McSherry Facebook owner Meta Platforms has been hit by a record €1.2 billion fine by its lead European Union privacy regulator over its handling…
By Mark McSherry Global debt stock grew by $8.3 trillion to a near-record $305 trillion in the first quarter of 2023, according to the latest…
By Mark McSherry Euronext announced that its AGM approved the reappointment of Stéphane Boujnah as CEO and chairman of its managing board for a four-year…
By Mark McSherry The European Union has approved Microsoft Corp.’s $69 billion proposed takeover of Activision Blizzard Inc — just weeks after the UK’s Competition…
US semiconductor giant Analog Devices Inc (ADI) has announced a new €630 million investment at its European regional headquarters in the Raheen Business Park in Limerick,…
Dublin-based Ryanair Holdings plc has ordered 300 new Boeing 737-MAX-10 aircraft — 150 firm and 150 options — for delivery between 2027 to 2033. Ryanair…
Tax receipts in Ireland were €24.1 billion up to the end of April, up €3 billion or over 14% on an annual basis, driven by…
By Mark McSherry The global securities finance industry generated $1.05 billion in revenue for lenders in April 2023, according to DataLend, the market data service…
By Mark McSherry Deutsche Bank agreed on Friday to buy London-based boutique investment bank Numis Corp for about £410 million in cash to unlock “a much…
By Mark McSherry The stock market value of Paris-based LVMH has reached the $500 billion mark as it becomes the first European company to achieve…
By Mark McSherry The sale of company-owned real estate across Europe, Middle East and Africa (EMEA) raised €25.6 billion in 2022 in more than 700…
Legal & General Investment Management (LGIM) and renewable energy investor NTR said they have raised €390 million in committed capital and co-investment opportunity in the…
Paris-based Amundi, the largest European asset manager, announced the launch of a “comprehensive range of Net Zero Ambition funds across the main asset classes.” A…
The European Fund and Asset Management Association (EFAMA) announced that 18 European buy-side firms including Baillie Gifford, Legal and General, Schroders, Union, Generali and Invesco…
The European Investment Bank (EIB) and illimity Bank S.p.A. have concluded an agreement worth €200 million aimed at supporting the working capital and liquidity needs of small…
A new report by a group of European business schools shows that 45% of European venture capital (VC) investments fail or do not secure returns…
European asset managers that can develop innovative private asset products for private wealth channels are set to attract significant business over the next three to…
By Mark McSherry US private equity giant KKR has announced the final closing of European Fund VI — which at $8 billion is KKR’s largest…
UBS Group announced that Sergio Ermotti is returning to the Swiss bank as chief executive officer to oversee the complicated acquisition of Credit Suisse Group….
By Mark McSherry Switzerland’s financial market regulator FINMA has defended its decision to impose huge losses on some of Credit Suisse bondholders — arguing that the decision…