SLI slams Shell’s BG bid as ‘destructive’
Standard Life Investments has said it intends to vote against Royal Dutch Shell’s bid for BG group as it is ‘value destructive’.
Standard Life Investments has said it intends to vote against Royal Dutch Shell’s bid for BG group as it is ‘value destructive’.
Energy company share prices may appear attractive at face-value, but managers remain stock-focused amid renewed sector optimism.
Royal Dutch Shell shares have shaken off a 56% plunge in profits revealed this morning.
While Royal Dutch Shell’s £47bn acquisition of BG Group is something of super-sized deal for the FTSE, it promises to be a weighty problem for active and passive funds alike.
While Royal Dutch Shell’s £47bn acquisition of BG Group is something of super-sized deal for the FTSE, it promises to be a weighty problem for active and passive funds alike.
In 2014, five companies accounted for 45% of the £97.4bn that was paid out in dividends to UK investors, according to the latest issue of the Capita UK Dividend Monitor.
Royal Dutch Shells proposed buyout of BG Group for £47bn has put a number of UK asset management firms in line for a big windfall.
BG Group shares have plummeted after the oil and gas company said it is not expecting any production growth in 2013.