ESG exodus: Investors flee green funds as ‘party runs out of steam’ October 5, 2023 Investors bolted from responsible investment funds in record numbers over the summer as the ESG frenzy that gripped the market for the past five year begins to run out of steam, according to new figures.
Tech firms listing in London? That’s a red flag, says short seller Carson Block October 5, 2023 Any tech firm that lists in London should raise alarm bells, short seller Carson Block has said today, as he took aim at the City’s “clubby” culture and focus on pedigree.
‘Betting on human nature’: Short seller Carson Block on fraud, death threats and why he’s sniffing around UK firms October 5, 2023 'Betting on human nature': Short seller Carson Block on fraud, threats and why he's sniffing around UK firms
London floats sink again – but analysts eye buoyant times ahead October 4, 2023 The amount of cash raised on the London Stock Exchange sank again over the past three months as the global IPO market remained hobbled by soaring inflation and roiled public markets.
Investors ignoring ESG claims in the hunt for returns, report suggests October 4, 2023 Green credentials are on the wane as a driver of investor decision making as money managers and retail punters hunt for firms with healthy bottom lines, a new survey has suggested.
Government’s London Stock Exchange boosterism is anti-competitive, claims rival boss October 4, 2023 The government’s drive to boost the appeal of the London Stock Exchange (LSE) has been slammed as anti-competitive by rival exchange Aquis, which claimed ministers have been unfairly promoting the LSE in their efforts to breathe life into the City’s IPO market this year. The London Stock Exchange’s main market and smaller Alternative Investment Market [...]
ESG priority for investors is avoiding corruption, says new survey October 2, 2023 Avoiding companies with corrupt practices is one of the top ESG priorities for investors, a new survey has found. And even if a company is back on the rails after suffering a scandal, investors still prefer to back corporates with a clean record. In the survey of Hargreaves Lansdown clients, nearly 83 per cent said [...]
London races ahead of San Francisco on fintech as chiefs rally behind reform October 2, 2023 London tech chiefs have called on the government to push ahead with reforms today after a new survey showed that London has climbed above San Francisco as a global hub for fintech for the first time.
Cash-strapped Brits pushed towards payday loans and buy-now pay-later, FCA warns September 29, 2023 The Financial Conduct Authority has warned the cost of living crunch is pushing Brits toward payday loans and buy-now pay-later products today as it launched a fresh financial inclusion drive.
Aston Martin share price surges after billionaire Lawrence Stroll ramps up stake September 29, 2023 The group of investors run by Canadian billionaire Lawrence Stroll has ramped up its stake in Aston Martin today to take its stake in the firm beyond 25 per cent.