‘The drama may not be over yet’: Apollo-backed offer could spark bidding war for Hipgnosis Songs
Hipgnosis Songs Fund’s (SONG) share price has soared by nearly a third on the back of a $1.4bn deal to acquire the trust, with potential for the offer to spark a bidding war.
Fixed income funds gather €82bn in Q1 2024 amid ‘continued investor love story’
Fixed income funds gathered €82bn of net inflows in the first quarter of 2024, making it the second best quarter of the last three years for the sector, according to data from Morningstar.
Treasury Committee ‘disappointed’ BoE and government have not fully accepted its QT advice
The Treasury Committee said it was “disappointed” that none of its recommendations about how the Bank of England should embark on its quantitative tightening (QT) process have been unanimously accepted.
Bank of England’s Andrew Bailey: UK is ‘on track’ to tame inflation – reports
Bank of England governor Andrew Bailey has said the UK is “pretty much on track” to quell inflation.
Ex-Carmignac partner launches investment sales boutique
Former Carmignac partner Nick White has launched a specialist investment sales and marketing consultancy.
CVC Credit Partners’ Pieter Staelens: Rising concerns about defaults are overblown and inflation is here to stay
As the world navigates a period of disruption, volatility and uncertainty, the like of which has not been seen for many years, advisers and investors must battle through geopolitical turbulence and inflationary pressures to deliver income and growth for clients.
Cathie Wood’s ARK Invest debuts first European ETFs
Cathie Wood’s ARK Invest Europe has launched its first European UCITS ETFs, following the firm’s acquisition of Rize ETF in September 2023.
Alliance Trust replaces Jupiter with ARGA IM after Ben Whitmore exit
Willis Towers Watson, Alliance Trust’s investment manager, has appointed ARGA Investment Management to its global equity multi-manager line-up, replacing Jupiter following the news of Ben Whitmore’s departure.
Pictet AM launches AI-backed global equity fund
Pictet Asset Management has launched a global equity fund utilising artificial intelligence for stock selection to create an “enhanced” index strategy tracking the MSCI World.