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Showing 1 - 10 of 28 results for "GBP"

Institutional investors eye increased exposure to Vietnam

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
... seen the Vietnam Index rise by 199%, a stark contrast to the 78% rise in the MSCI EM index and 23% in the MSCI FM Index (in GBP terms)," Le said. "Vietnam continues to show strong forecasts. GDP doubled from £169bn in 2013 to £340bn in 2023, and is ...

GAM investors make partial offer

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
... This represents a 31.9% premium to GAM's closing price on July 17, and of 29.1% when considering Liontrust's closing price of GBP 6.43 on the same day and the GBP/CHF exchange rate, the group said. The investor group is not looking to compete with Liontrust's ...

Multi-boutique adds partner

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
An ASX-listed multi-boutique is paying about $8 million for a 40% net income share of a London-based private markets manager. Pacific Current Group (PAC) has received approval from UK's Financial Conduct Authority (FCA) to invest in Astarte Capital ...

Charles Schwab fails consumers, cops fine

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
Charles Schwab UK has been fined $15.6 million for failing to protect consumers and lying to the regulator. CSUK has to cough up GBP8.96 million for a number for safeguard and compliance failures, the UK's Financial Conduct Authority has found, noting ...

Robeco launches credit income fund in Australia

ANNABELLE DICKSON  |  FRIDAY, 4 DEC 2020
... fund's strategy with the fund currently holding around 45% in USD-denominated bonds, 45% in EUR-denominated bonds and 3% in GBP- denominated bonds. The top holdings include Spanish banks Banco Bilbao Vizcaya Argentaria, Banco De Sabadell and Bankia ...

Bravura to make $41m acquisition

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
Bravura Solutions has announced the acquisition of a UK software company for $41.5 million. Bravura will acquire Delta Financial Systems for $41.5 million, complementing its core Sonata offering and broadening its products and services. Delta is a UK ...

Sovereign investors keen on gold, infrastructure

KANIKA SOOD  |  TUESDAY, 21 JUL 2020
... 80% of the central banks increasing gold allocations are doing so via USD assets, significantly more than those in EUR and GBP. "This highlights a major problem faced by central banks. How can they diversify away from USD without sacrificing liquidity ...

HSBC hit with $2.3bn suit over Disney investments

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUN 2020
Banking giant HSBC is facing a $2.3 billion (GBP 1.3 billion) law suit over investments in Disney films allegedly promoted by its private bank in the UK. The Eclipse Film Partnerships were a series of film financing schemes conceived by HSBC and promoted ...

Sovereign investors go back to fixed income

KANIKA SOOD  |  TUESDAY, 9 JUL 2019
... 27% saying they will increase allocations to it over the next 12 months, which Invesco expects to be taken from USD, EUR and GBP. Nearly one third of sovereign investors decreased allocations to Europe in 2018 and a similar number are planning further ...

Investec closes robo-advice

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
Investec's international robo-advice offering, Click & Invest, has been shuttered just two years after it was launched. Citing low appetite for the service, Investec said "the market itself is growing at a much slower rate than expected." Investec focusing ...
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