Buy side Monthly archive

Jun 18, 2021
The week in investor relations: LGIM’s climate divestments, Wise’s direct listing and watching the dots at the Fed
– Legal & General Investment Management (LGIM) said it will divest from four new companies over their approach to climate change, reported Investment Week. The UK asset manager said Industrial and Commercial Bank of China, AIG, PPL Corporation and China Mengniu Dairy have breached red lines around environment issues and/or not responded ...
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Jun 15, 2021
Bullish investors say inflation only transitory, finds survey
Investors are positioned for ‘permanent growth’ and see the current inflation spike as only temporary, according to a survey of global fund managers by Bank of America (BofA). The research, which polled 207 investors with $645 bn in assets under management, finds money managers in a bullish mood with cash levels at 3.9 percent, down from 4.1 percent the previous month. The findings suggest investors are – for now, at least – sanguine about the potenti...
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Jun 15, 2021
The debate over dual-class shares in the UK
The principle of ‘one share, one vote’ is long cherished by the UK investment community. Under current Financial Conduct Authority (FCA) rules, companies cannot be included on the premium segment of the London Stock Exchange (LSE) – the gold standard for corporate governance – if they have dual-class shares. Such companies also miss out on inclusion in key indexes such as the FTSE 100. But London’s struggle to attract IPOs has forced a rethink. A governmen...
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Jun 10, 2021
Regnan: A growing impact investor
Tim Crockford is head of equity impact solutions at Regnan, the responsible investment business affiliated with UK-headquartered J O Hambro Capital Management. Crockford leads a four-strong investment team, including Mohsin Ahmad, Maxine Wille and Maxime Le Floch. The team launched and ran the Hermes Impact Opportunities Fund until 201...
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Jun 09, 2021
Tech talk: Are new ways of going public benefitting retail investors?
In just a few minutes and with a few clicks of its app, UK customers of food-delivery firm Deliveroo could apply for shares – starting at a £250 ($353) commitment and going up in increments to a maximum of £1,000 – ahead of its March listing in London. The IPO was ultimately the worst in London history, with the share price falling as much as 31 percent, but among the many headlines the company generated was the fact that it had allocated £50 mn worth of shar...
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