Emerging markets equities trust targets £100m IPO
Ashoka White Oak Emerging Markets Trust will list on the London Stock Exchange
Ashoka White Oak Emerging Markets Trust will list on the London Stock Exchange
Securities worth $87bn and $27bn respectively to be brought to market
Seven retentions and three upgrades in firm’s latest academy ratings roundup
Board expects to progress with an investment adviser appointment in the coming weeks
Mark Elliott will develop the firm’s business in the home retail market
Will become ‘UK’s largest discretionary wealth manager’ with £100bn FUMA
$17bn worth of contingent convertible bonds wiped out following UBS takeover
Investigation on whether UBS rescue deal breached criminal law
Current manager Noelle Cazalis is exiting the firm after 12 years
Net asset value rose 3.9% in the year to 31 December 2022, beating its benchmark
While weighting to equities upgraded to neutral in firm’s Q2 outlook
Sergio Ermotti held the role for nine years until 2020