When is Godfrey’s People’s Trust IPO?
Daniel Godfrey’s The People’s Trust released an offer for subscription on Friday but the initial placement offer (IPO) will not happen until the 17 of October.
News
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It’s time for Draghi to taper QE
European Central Bank (ECB) president Mario Draghi was tight-lipped on tapering following the bank’s latest policy meeting, but industry figures remain confident the ECB will roll back the pace of asset purchases from next month.
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Franklin Templeton launches UK-friendly smart beta ETFs
Franklin Templeton has introduced a range of smart beta ETFs to European investors, with four strategies to be launched on the London Stock Exchange on Friday.
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Now or never for VCT investors as fundraising spree continues
Mobeus Income & Growth is the latest venture capital trust (VCT) to launch a fundraising this week but keen investors should dive in before the well dries up.
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OMW installs investor relations head before listing
Old Mutual Wealth has brought in John-Paul Crutchley to act as head of investor relations as it prepares to float the business.
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Why a slowing economy is good news for the FTSE 100
In an environment in which the UK economy is set to underperform the rest of the world in the medium to long term, Sanlam argues UK investors should once again turn their attention to large caps.
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SEI boosts wealth platform with head of sales hire
SEI has added to it UK private banking executive management team with the appointment of Andrew Vickers as head of sales.
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FCA updates investigation into six insurance firms
An investigation into how five insurance firms treat long-standing customers will continue with only one case closed, the Financial Conduct Authority has confirmed.
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Quarter of firms not ready for Mifid II
More than a quarter of businesses are struggling to prepare for Mifid II ahead of the January 2018 deadline, a new survey from communications firm Teleware has found.
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Woodford apologises for ‘incredibly painful’ underperformance
Neil Woodford has spoken out about his fund’s “incredibly painful” recent underperformance and promised to recover the capital lost in a newly released in-depth interview.
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Why GEM trusts are a double-digit discount opportunity
Despite significantly outperforming developed markets for the past two years, discounts in the emerging market investment trust sector remain in double-digit territory, according to broker Stifel.
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Jupiter expands GEM range with short-duration bond fund
Jupiter has unveiled a short duration bond fund to expand its recently launched offering in global emerging market debt.
