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Baillie Gifford UK Growth eyes unlisted exposure of up to 10%

Baillie Gifford UK Growth eyes unlisted exposure of up to 10% Company looks to leverage private business expertise Share BGUK portfolio manager Iain McCombie Baillie Gifford UK Growth trust is seeking approval to allow it to invest up to 10% of its portfolio in unlisted companies, with the management team hoping to capitalise on "a trend for growth private businesses in the UK" of staying private for longer. The trust, which is managed by Iain McCombie and Milena Mileva, informed investors th...
United Kingdom Iain Mccombie Baillie Gifford Milena Mileva Lancashire Holdings Volution Group

Baillie Gifford UK Growth trust seeks to hike unquoted limit to 10%

Baillie Gifford UK Growth trust seeks to hike unquoted limit to 10% Numis describes move as ‘uncontroversial for a Baillie Gifford strategy’ The Baillie Gifford UK Growth Trust has become the latest investment company to seek approval from shareholders to increase its exposure to unlisted companies. In the £365m trust’s results for the year to the end of April, the asset manager said it wants to increase the proportion of unlisted companies in the portfolio to a maximum of 10%. The curre...
United Kingdom Annabel Brodie Smith Iain Mccombie Baillie Gifford Milena Mileva Baillie Gifford United Kingdom Growth

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Banks and builders lift FTSE ahead of US inflation data

Banks and builders lift FTSE ahead of US inflation data Financial stocks and housebuilders led the FTSE 100 higher on Friday, ahead of a key US inflation reading later in the day. The blue-chip index gained 17 points, or 0.3%, to 7,037, capping an uneventful week. ‘UK stocks have spent much of the past week trading sideways with a lack of real catalysts to push them firmly in either an upwards or downwards direction and today’s modest move higher for the FTSE 100 is very much in tha...
United Kingdom City Of Volution Group Investment Companies Federal Reserve Mid Cap Vistry

Royal Mail poised to replace Renishaw in return to FTSE 100

Royal Mail poised to replace Renishaw in return to FTSE 100 Wed, 26th May 2021 07:28 (Alliance News) - FTSE Russell late Tuesday indicated that, ahead of next weeks quarterly UK index review, Royal Mail PLC could re-join the FTSE 100, replacing up-for-sale Renishaw PLC. Based on data from Friday last week, FTSE Russell said that Royal Mail could rise back into the FTSE 100 index in the review to be unveiled after the market close next Wednesday. Royal Mail dropped out of the blue-chip index...
United Kingdom City Of David Mcmurtry Lucy Heming Auction Technology Group Sabre Insurance Group
Source: lse.co.uk

LONDON BRIEFING: M&S weathers virus with help from government, Ocado

LONDON BRIEFING: M&S weathers virus with help from government, Ocado Wed, 26th May 2021 08:21 (Alliance News) - Clothing, homewares and food retailer Marks & Spencer on Wednesday reported a fall in revenue and swing to loss for its recently ended financial year, but hailed its transformation in the period. Revenue fell by 10% to GBP9.16 billion in the year to April 3 from GBP10.18 billion, with M&S swinging to a pretax loss of GBP209.4 million from profit of GBP67.2 million the year before. "Ou...
United Kingdom United States City Of Murano Bidco Steve Rowe White Rose
Source: lse.co.uk

FinVolution Group Reports First Quarter 2021 Unaudited Financial Results

FinVolution Group Reports First Quarter 2021 Unaudited Financial Results -Total Loan Origination Volume reached record high to RMB 26.8 billion- News provided by Share this article Share this article SHANGHAI, May 25, 2021 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.   YoY Change 12.9 [3] (000) 258 Total cumulative registered user...
New York United States Hong Kong Feng Zhang Brandi Piacente Jiayuan Xu

FinVolution Group to Report First Quarter 2021 Financial Results on Tuesday, May 25, 2021

FinVolution Group to Report First Quarter 2021 Financial Results on Tuesday, May 25, 2021 News provided by Share this article -Earnings Call Scheduled for 8:00 a.m. ET on May 25, 2021- SHANGHAI, May 17, 2021 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that it will report its first quarter 2021 unaudited financial results, on Tuesday, May 25, 2021, before the open of U.S. markets. The Companys manageme...
United States Hong Kong Brandi Piacente Jenny Cai Finvolution Group Prnewswire Finvolution Group

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