Tim Jenkinson News Today

Complexity, capital calls, and illiquidity are among the challenges investors face to reap potential rewards.

<p>New research from the University of Bath shows the European Union’s MiFID II financial market reforms inadvertently reduced research activity and adversely affected liquidity in London’s main stock market but that the impact on London’s less regulated Alternative Investment Market was mitigated by its special adviser rules.</p>

Schroder British Opportunities has formed a new valuations committee, in an attempt to offer greater oversight on private equity valuations.

Good morning and welcome to your Morning Briefing for Tuesday 3 October 2023. To get this in your inbox every morning click here. Tyndall growth drive Boutique wealth and fund manager Tyndall Investment Management continues its growth drive with the appointment of two new private client directors. Edward Baring and

Mark Northway is Investment Director at Sparrows Capital

Increasingly, dynamic, high-growth firms are staying private, closing off options for 401(k) retirement savers, but PE in 401(k)s could be problematic.

But many “artisanal” PE firms are touting themselves as specialists | Special report

Private equity firms can take a “surprisingly long time” to fully exit companies they own after taking them public — costing investors in their funds billions of dollars in fees, according to finance professors at University of Oxford and American University of Sharjah.  Many private equity managers sell down their holdings slowly following an initial public offering, in extreme cases holding stakes in companies a decade after the IPO, Oxford’s Tim Jenkinson and Howard Jones and Ameri...

The surge in US technology shares has prompted many analysts to draw parallels with the technology bubble of 1998-2000. While many of today’s hot tech stocks are at least making money, which most dotcoms weren’t, there are several similarities between the two booms.  At the height of the dotcom era, for instance, many people were quitting their day jobs to trade the stockmarket full-time as day traders. Today, the rise of commission-free trading apps, most notably Robinhood, has enticed ma...