Schroders announces £150m profit for Q1
Schroders made a pre-tax profit of £149.6m in the three months to 31 March, the firm has announced in its interim management statement.
Schroders made a pre-tax profit of £149.6m in the three months to 31 March, the firm has announced in its interim management statement.
The battle between the Alliance Trust board and major shareholder Elliott Advisors has been brought to an end before tomorrow’s AGM in favour of the US activist firm.
Neptune Investment Management has broadened its UK equities offering with the launch of a distributing share class on both its UK Mid Cap and UK Opportunities funds.
Alliance Trust chair, Karin Forseke has taken to the pulpit, appealing to shareholders to vote against resolutions proposed by activist investors Elliott Advisors, at the firm’s April 29 AGM.
Investment management group Schroders has launched a flexible catastrophe bond fund which will invest up to 25% in private cat bonds and be able to take tactical short positions.
Investment management group Schroders has launched a flexible catastrophe bond fund which will invest up to 25% in private cat bonds and be able to take tactical short positions.
Alliance Trust has received a major blow in its battle with major shareholder Elliott Advisors as the influential shareholder advisory and proxy Institutional Shareholder Services revealed its support for Elliott’s position.
Alliance Trust has received a major blow in its battle with major shareholder Elliott Advisors as the influential shareholder advisory and proxy Institutional Shareholder Services revealed its support for Elliotts position.
Chinas statement that its economy is growing in line with expectations at 7% has provided little reassurance over its growth prospects.
Buying the worst house on a good block is a mantra that has served many a property developer well over the years. The converse to that, however, makes a less compelling argument especially if ones overriding philosophy is location, location, location.
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.
US hedge fund Elliott Advisors is cranking up the pressure on Alliance Trust as it seeks a shake-up of the board and strategy.