Are private markets approaching a tipping point? April 15, 2025 As money continues to pour into private markets, concerns are mounting that the sector is expanding too fast in an unfriendly environment. In recent years, there has been an explosion of interest in private markets, with fundraising doubling over the last decade, leading to $13.1 trillion (£9.9 trillion) in assets under management across the sector. [...]
Study: Trading updates key for future performance April 15, 2025 Trading updates by UK-listed companies are key to predicting future share price movement, a new study has found. An analysis of 2,699 trading statements published over the last two years by research platform Stockopedia revealed that a five per cent jump on the day of a trading update is a leading indicator of share price [...]
De La Rue shares surge as £263m takeover confirmed April 15, 2025 Banknote printer De La Rue has agreed to a binding offer to be taken over for £263m, sending its share price shooting up 17 per cent. The 211 year-old currency printer’s board is backing a 130p a share offer from US private equity giant Atlas Holdings, compared to the 110p price it closed at yesterday. [...]
Tate & Lyle profit set to rise ahead of CP Kelco takeover April 15, 2025 Tate & Lyle’s operating profit is expected to have jumped four per cent over the last financial year, even as revenue dropped five per cent, the firm said in a trading update today. The FTSE 250 sweetener producer said performance had been in line with expectations in its business over the last year, with cash [...]
Liontrust: Withdrawals accelerate as performance deteriorates April 15, 2025 Investor withdrawals from Liontrust ramped up in the last quarter, with customers pulling £1.3bn and the asset manager losing £700m on poor market movements. Liontrust’s assets under management and advice fell 8.1 per cent to just £22.6bn across the first three months of the year, the firm revealed in a trading update today. Since the [...]
Polar Capital stock downgraded amid warning of dividend cut April 14, 2025 Polar Capital has been downgraded by two different City analysts after its assets fell significantly more than had been expected by forecasts. The tech-focused asset manager lost £2.4bn over the last quarter almost entirely due to £2.3bn of losses in investment returns, as US tech giants have struggled to match the stock price returns of [...]
US dollar weakens as de-dollarisation becomes ‘real, and frankly scary, prospect’ April 14, 2025 The dollar has fallen 0.7 per cent today, marking its fifth straight day of decline, as markets continue to reassess the currency’s position in the global economy. The DXY index, which tracks the dollar’s value against a basket of currencies, dropped to its lowest in three years in trading today. The dollar index has now fallen [...]
Reeves unveils £500m support for tariff-affected small businesses April 13, 2025 Chancellor Rachel Reeves has launched a £500m plan to smaller businesses affected by US president Donald Trump’s tariffs. Run by the British Business Bank, the Growth Guarantee Scheme will now provide additional lending capacity for firms that will need support with cashflow issues due to changes in tariffs. Lending up to £2m per business group, [...]
S&P 500 slumps on open as Treasury yields remain elevated April 10, 2025 US markets have opened down after digesting the implications of Donald Trump’s 90-day pause on his sweeping tariffs. The Nasdaq opened down 2.7 per cent, while the Dow Jones fell 1.9 per cent and the S&P 500 opened 2.3 per cent down. Meanwhile, US Treasury yields have remained elevated, with the 30-year US Treasury sitting [...]
Market crash is yet to come despite tariff pause, says City veteran April 10, 2025 A City veteran has warned that despite an apparent respite from a 90-day pause on US tariffs, markets should prepare for a significant correction in the coming days. “I don’t think its impossible that we walk in tomorrow and the market is off in the US 15 or 20 per cent, honestly I think that’s [...]