Artemis co-founder Derek Stuart steps away from fund management
Artemis Investment Management co-founder Derek Stuart is stepping back from fund management to focus on the firm’s charitable foundation.
European ESG equities Deep Dive: Macro outlook turning favourable
Despite the beginning of 2022 looking promising for European equities, the first half of the year for the asset class has been fraught. However, as policymakers in Europe start to take concerted action to hit net zero as soon as possible, certain sectors and funds are looking more favourable.
VH Global Sustainable Energy Opportunities falls £28m short of proceeds target
VH Global Sustainable Energy Opportunities has raised gross proceeds of £122m in its most recent fundraise, short of its initial £150m target.
Miton’s Gervais Williams: Recession may favour ‘immature businesses’
Listed small-cap companies generating surplus cash may have the upper hand when the economy faces recession, as businesses in the sector look to acquire formerly leveraged entities, debt-free, at a cheaper price, according to Gervais Williams, manager of the Miton UK MicroCap Trust (MINI).
FCA sees ‘clear rationale’ for regulatory oversight of ESG data providers
The Financial Conduct Authority has said there is a “clear rationale” for it to provide regulatory oversight of “certain ESG data and rating providers”.
UK AIM IPOs fall to lowest levels since 2009
Q2 2022 was the worst quarter for initial public offerings on the UK Alternative Investment Market (AIM) since 2009, research by UHY Hacker Young has found.
VanEck launches space and sustainable food ETFs
VanEck has listed two new ETFs targeting space and sustainable food on the London Stock Exchange.
PIMCO appoints CIO for portfolio implementation
PIMCO has named Qi Wang, managing director and portfolio manager, as chief investment officer for portfolio implementation, based in the firm’s Newport Beach office.
Food costs drive UK shop price inflation to highest level since 2008
Shop price inflation in the UK accelerated to a near 14-year high in June, powered by a sharp rise in food prices as retailers battle rising supply chain expenses and a decline in consumer spending.
AVI voices concerns on the ‘credibility’ of Fujitec directors following AGM ‘debacle’
Asset Value Investors has announced it has “concerns” about the independent directors of Japanese manufacturer Fujitec, questioning if they “are representing shareholders’ best interests”.