DP World eyes London listing January 6, 2010 PORT operator DP World is looking to list on the London Stock Exchange after failing to drum up sufficient investor interest on the Nasdaq Dubai bourse. The Dubai-based group, which is more than three-quarters owned by the crisis-hit conglomerate Dubai World, said it was disappointed with the market valuation of the company and will now [...]
Hugh Osmond returning to the market January 24, 2010 THE founder of pub chain Punch Taverns is returning to the market to raise up to £500m for an investment vehicle aimed at buying distressed companies and funds. Hugh Osmond, who also floated Pizza Express, is joining other City heavyweights to launch Horizon, which will try to raise the cash via a public offering on [...]
David Verey makes the trip back home to Lazard July 11, 2010 THE man once touted as a potential chief executive of the international investment bank Lazard is to return to the company he worked at for almost three decades. David Verey, who enjoyed a 29-year career at the bank before quitting nine years ago, will slot back in as a senior advisor to its UK business. [...]
David Verey makes the trip back home to Lazard July 11, 2010 THE man once touted as a potential chief executive of the international investment bank Lazard is to return to the company he worked at for almost three decades. David Verey, who enjoyed a 29-year career at the bank before quitting nine years ago, will slot back in as a senior advisor to its UK business. [...]
City of London doubles managed assets as investors lap up emerging markets January 25, 2010 ASSET management firm City of London Investment Group said yesterday it had doubled its assets under management over the first half of the year, as investors shifted cash to the emerging markets. City of London’s funds under management rose to $4.7bn (£2.9bn) over the six months to November 2009, from $2.1bn in the same period [...]
REGAL DITCHES BROKER MIRABAUD AFTER TUSSLE OVER LEADERSHIP September 15, 2010 IT WAS the end of an activist era yesterday for broker Mirabaud Securities and oil and gas firm Regal Petroleum, which parted ways on, shall we say, less than friendly terms. Regal’s terse termination statement to the stock exchange came after Mirabaud questioned the tenure of the company’s chief executive, David Greer. That’s not a [...]
Hambro to list iron ore division June 8, 2010 Petropavlovsk, the company formerly known as Peter Hambro Mining, is believed to be planning a $1bn (£691m) flotation of its iron ore operation on the Hong Kong stock exchange. The group, which has its main listing in London, is understood to have chosen the Far Eastern bourse because its ore mines are located close to [...]
Hambro to list iron ore division June 8, 2010 Petropavlovsk, the company formerly known as Peter Hambro Mining, is believed to be planning a $1bn (£691m) flotation of its iron ore operation on the Hong Kong stock exchange. The group, which has its main listing in London, is understood to have chosen the Far Eastern bourse because its ore mines are located close to [...]
Hedge fund founder quits UK for Geneva June 29, 2010 ALAN Howard, the hedge fund entrepreneur and Conservative Party donor, has quit the country to live and work in Switzerland. The co-founder of Brevan Howard Asset Management, one of Europe’s largest hedge funds, joins two other fund managers in the company’s Geneva office as part of a bigger exodus out of the City. The firm [...]
Hedge fund founder quits UK for Geneva June 29, 2010 ALAN Howard, the hedge fund entrepreneur and Conservative Party donor, has quit the country to live and work in Switzerland. The co-founder of Brevan Howard Asset Management, one of Europe’s largest hedge funds, joins two other fund managers in the company’s Geneva office as part of a bigger exodus out of the City. The firm [...]