Hipgnosis Songs Fund agrees $1.4bn sale to rival Concord Chorus
Concord Chorus, a music and theatrical rights firm indirectly controlled by Alchemy Copyrights, has agreed to purchase Hipgnosis Songs Fund (SONG) for $1.4bn.
Concord Chorus, a music and theatrical rights firm indirectly controlled by Alchemy Copyrights, has agreed to purchase Hipgnosis Songs Fund (SONG) for $1.4bn.
AJ Bell has reached record assets under administration (AUA) for its platform as inflows increased by a third in the first quarter of 2024.
Home REIT has denied any alleged wrongdoing by a group of shareholders in a legal claim, vowing to “vigorously defend itself”.
The Jupiter Global Macro Bond fund has changed its sector in a bid to give it more ‘appropriate’ performance comparators.
Scottish Mortgage investment trust has added the Taiwan Semiconductor Manufacturing Company to its portfolio for the first time in a decade, Investment Week can reveal.
Asset Value Investors has launched the UCITS version of its £1.3bn AVI Global trust to open the strategy to a wider range of investors.
The Treasury Committee has approved Clare Lombardelli’s appointment as the Bank of England’s deputy governor for monetary policy.
Expectations for an “economic boom” are on the rise as global fund managers hike their overweight position in equities to the highest level in two years, the latest Bank of America Global Fund Manager survey has found.
Royal London Asset Management head of fixed income Jonathan Platt will retire at the end of the year after nearly 40 years at the company.
Nigel Ridge, a veteran portfolio manager at BlackRock, is set to retire this summer after a 34-year career in the financial services industry.