PRESS: M&G and Schroders among bidders for Scale-up Fund - Sky News
(Alliance News) - M&G PLC and Schroders PLC are among asset managers seeking to manage the new Scale-up Fund, Sky News reported Wednesday. Read More
(Alliance News) - M&G PLC and Schroders PLC are among asset managers seeking to manage the new Scale-up Fund, Sky News reported Wednesday. Read More
(Alliance News) - Temple Bar Investment Trust PLC on Thursday said the attractiveness of the UK equity market has resulted in a high level corporate activity such as takeovers, as it raised its dividend but was beaten by its benchmark in the interim. Read More
(Alliance News) - Stock prices in London opened higher on Thursday, with strong corporate earnings from Admiral, Persimmon and Metlen offsetting pressure from a raft of stocks trading ex-dividend. Read More
(Alliance News) - Schroders PLC on Thursday said its takeover by Nuveen LLC is expected to complete in the fourth quarter, and the asset manager has received "constructive engagement and feedback" from clients about the merger. Read More
Invesco Bond Income Plus Ltd - Oxfordshire, England-based investment firm focused on high-yield bonds - Confirms Mark Bridgeman has started his role of chair, succeeding Tim Scholefield. In April, the company announced that Scholefield would not stand for re-election at the firm's annual general meeting, which was held Wednesday. Read More
(Alliance News) - LondonMetric Property PLC and Schroder Real Estate Investment Trust Ltd on Tuesday noted progress towards a firm takeover bid for Picton Property Income Ltd, following an indicative all-share proposal disclosed in May. Read More
(Alliance News) - Financial advice network the Openwork Partnership is one of the bidders for Schroders PLC's financial planning unit Benchmark, Sky News reported on Friday. Read More
Schroder AsiaPacific Fund PLC - invests in a portfolio of 60 "best quality but undervalued" companies in Asia and Australia - Delivers 3.7% total return in the financial half year that ended March 31, compared to a 5.2% return by its benchmark, the MSCI all countries Asia excluding Japan index in sterling terms. Net asset value per share is 724.26p at the end of March, up 1.9% from 711.01p on September 30 and 22% from 594.52p a year before. NAV continues to rise in April, with NAV standing at 820.20p on April 30. The investment trust declares no interim dividend for the half-year, unchanged from a year before, but it pays final dividends. For financial 2025, it paid a 13.00p final dividend, up from 12.50p for financial 2024. It also is conducting a share buyback programme. Read More
(Alliance News) - LondonMetric Property PLC and Schroder Real Estate Investment Trust Ltd on Tuesday said they had agreed on the terms of a non-binding offer for Picton Property Income Ltd. Read More
3i Infrastructure PLC - Jersey-based infrastructure investor - Board approves the appointment of Andrew Sykes to succeed Richard Laing as chair, the company announces on Wednesday. Sykes, who spent 26 years at Schroders PLC and is currently senior independent director of Intermediate Capital Group PLC (ICG), will join the board as an independent non-executive director & chair designate on July 23. He will be officially appointed chair, effective January 1, when Laing will step down, 3i Infrastructure says. Company further notes that Sykes served as interim chair of ICG from March, 2022 to February, 2023. He will step down from ICG's board at the end of March next year. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - DCC rejects a takeover approach, Unilever launches a EUR1.5 billion share buyback after a mixed quarter, and Weir Group announces a chief executive transition while reiterating guidance. Read More
(Alliance News) - Stock prices in London and Europe closed firmly in the red on Thursday, as markets continue to track developments in the Iran war, and digest this week's interest rate decisions so far before China's is released later. Read More
(Alliance News) - Stock prices in London closed lower on Thursday, after Iran's new leader called for the Strait of Hormuz to "remain closed", raising fears of a prolonged war in the Middle East. Read More
(Alliance News) - Stock prices in London opened lower on Thursday, as fresh attacks on shipping in the Gulf pushed oil prices higher and kept investors wary. Read More
Watches of Switzerland Group PLC - Leicester, England-based watch and jewellery retailer - Paul Edgecliffe-Johnson, currently chief financial officer at Crawley, England-based pest control specialist Rentokil Initial PLC, joins Watches of Switzerland's board as a non-executive director. Watches will also appoint him as chair of its audit & risk committee on March 1. Edgecliffe-Johnson has previously served as CFO of Flutter Entertainment PLC; CFO & group head of strategy at InterContinental Hotels Group PLC; a corporate finance associate director at HSBC Holdings PLC; and a non-executive director at Schroders PLC. Read More