Lehman bankruptcy 15 years on
It happened over a weekend in September 2008 and while it most certainly did not come out of the blue, the collapse of one of the biggest investment banks in the world was still shocking.
It happened over a weekend in September 2008 and while it most certainly did not come out of the blue, the collapse of one of the biggest investment banks in the world was still shocking.
The VH Global Sustainable Energy Opportunities (GSEO) trust has unveiled a £10m share buyback programme in a bid to address its widening discount to NAV.
Adam Montanaro, son of the founder of Montanaro Asset Management, has joined the firm’s investment team.
Supermarket Income REIT has completed a debt refinancing exercise, which included the reduction and extension of an existing debt facility and the completion of a new unsecured debt facility.
The AVI Japan Opportunity trust has dodged the wave of widening discounts hitting the investment trust sector, while its profits jumped significantly.
The Consumer Duty’s implementation has meant all players in the distribution supply chain have had to review and adapt most of their processes to become compliant, with a focus on demonstrating the ability to deliver value to end clients.
The European Commission’s widespread review of SFDR has been embraced by the industry, despite signs of irritation at a potential unraveling of measures managers have already put in place to meet current requirements.
Investec has downgraded Hipgnosis Songs from ‘Buy’ to ‘Hold’ after the trust announced it would be selling a fifth of its music catalogues for $465m, in a bid to re-rate its share price.
The ‘G’ of ESG has become the top priority for investors in 2023, although there has been an overall drop in the implementation of sustainable investment generally, FTSE Russell has found.