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After all the dividend cuts our Income Portfolio suffered last year it’s a relief to be able to report an increase – and a substantial one at that. Regional Reit is the holding we have to thank for this welcome news. It said on Wednesday that it would pay a divi of 1.6p for the first quarter of the year, compared with the 1.5p it paid in each of the last three quarters of 2020. In the first quarter of last year it paid 1.9p but then announced a cut, as we reported in August. Last year it also abandoned its previous practice of paying more in the final quarter. The result was a total divi ...

Eka Software Solutions Founder and CEO Manav Garg speaks in English, it would seem like he’s been familiar with the language all his life. But it wasn’t until college that he actually started speaking it. Manav grew up in a middle class family, in the small town of Moga in Punjab. He saw his father repeatedly fail at entrepreneurship (four times to be precise), but that did not deter him from taking the plunge himself, after quitting a well-paying job in Singapore. After getting his NIT (then REC), MBA from Delhi. He became a trader at G Premjee Trading in Singapore, earning a hands...

by Alistair Hardaker Liverpool and London based online careers platform Springpod has raised £2.25m in a Series A funding round.  The platform, which connects young people with employers and education providers, was launched in 2018 by Sam Hyams and Oliver Fisher. The investment was led by Alliance Fund Managers through MSIF’s Merseyside Loan and Equity Fund, Triple Point and Cass Entrepreneurship Fund, alongside participation from existing investors. The company reports 5,000 young people join its platform every week, and over 150,000 have now used the platform to engage with employers, ...

Springpod, a London and Liverpool, UK-based careers network that connects young people with employers & education providers, raised £2.25M in Series A funding. The round was led by Triple Point, Cass Entrepreneurship Fund and Alliance Fund Managers, MSIF’s fund management subsidiary, alongside participation from existing investors. The company intends to use the funds to launch its platform in new international territories. Launched in 2018 by Sam Hyams and Oliver Fisher, Springpod is a specialist careers platform enabling young people to know the world of work and university in order to ...

As it names former head of funds at Smith & Williamson executive chairman London-based MWA Financial has acquired Hampshire-based Prosperity Financial Advisors & Stockbrokers to bolster its growth plans to become a national IFA firm. The deal takes MWA’s assets under influence to £300m ($418m, €351m) and its adviser headcount to 15. Under the terms of the agreement, Prosperity will keep its branding within the MWA group. Prosperity co-founders Mark Newman and Jasper de Zoeten will remain in their positions until the transition is complete. The financial terms were not disclosed. Ambition...