Page 2 - Passive Hedging News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bloomsbury Publishing on the rise after Red Globe Press acquisition A look at Friday's major share movers on the London Stock Exchange Bloomsbury Publishing PLC (LON:BMY) gained 7% to 299.65p after snapping up certain assets of Red Globe Press (RGP), the academic imprint, from Macmillan Education Ltd for £3.7mln. The Harry Potter publisher said £2.1mln will be satisfied in cash at completion and up to £1.6mln will be paid on or post-completion, subject to the assignment of certain contracts. RGP specialises in high-quality publishing for Higher Education students globally in Humanities and...

Follow John on: Record sees assets under management hit record level The last quarter of the fiscal year saw assets under management equivalent grow by 7%, with net inflows of US$4.9bn. Client numbers rose by 10% during the quarter Record PLC (LON:REC), the currency and derivatives manager, saw assets under management equivalents (AUME) rise by 37% in the year to the end of March. AUME rose to a record level of US$80.1bn (£57.8bn) at the end of the company’s fiscal year, helped by net inflows of US$9.7bn. The asset management firm saw diversified AUME net inflows in the year of US$2.1bn in...