Asset manager Arrow Global becomes the target of a £540m offer

Asset manager Arrow Global becomes the target of a £540m offer from private equity firm TDR Capital By Daily Mail City & Finance Reporter Published: 22:01 GMT, 8 February 2021 | Updated: 22:01 GMT, 8 February 2021 The latest bid from TDR Capital for asset manager Arrow Global, its fourth offer so far, is worth … Read more

Private equity asset strippers must save Debenhams pensioners

Multi-millionaire private equity tycoons who masterminded a takeover which left Debenhams loaded with £1.2billion of debt are facing calls to bail out its stricken pensioners. The 243-year-old department store firm collapsed after a loss of £491.5million in 2018, buckling under the impact of online competition and a failure to invest in stores and products. Although … Read more

First Lady Jill Biden cements her status as President Joe Biden’s ‘best political asset’

First Lady Jill Biden firmly secured her role as President Joe Biden‘s ‘best political asset’ with a ‘classy and elegant’ display at the inauguration that earned her a swathe of praise from spectators.  The 69-year-old teacher proudly stood by her husband’s side as he was sworn in as the 46th President of the United States … Read more

SVM Asset Management boss on what lies in store over the next 12 months

After the extraordinary events of 2020, you would expect Colin McLean to be somewhat circumspect in his predictions for the new year. However, the founder and chief investment officer of SVM Asset Management does not demur when asked to assess what lies in store over the next 12 months. Looking beyond the latest set of … Read more

Banker wife fails in bid to overturn ‘McMafia’ asset freeze

Banker wife fails in bid to overturn ‘McMafia’ asset freeze: Woman who spent £16m shopping at Harrods loses appeal against £22million confiscation order Supreme Court upholds 2 unexplained wealth orders against jailed banker’s wife  Zamira Hajiyeva has lost her appeal against a £22million confiscation order The couple, who deny all wrongdoing, were subjects of UK’s … Read more

RUTH SUNDERLAND: Old are valuable asset to economy

RUTH SUNDERLAND: Affluent ‘young-old’ have amassed billions of savings before and during pandemic and will be spending it once virus has been tamed As a society, we are conflicted in our attitudes to old age and the economics of an ageing population  We are simultaneously protective and dismissive, a contradiction that has been highlighted by … Read more

Asset manager Columbia Threadneedle shuts former £1bn fund

Asset manager Columbia Threadneedle shutting UK fund that held more than £1bn of investors’ money at its peak By Emma Dunkley, Financial Mail On Sunday Published: 21:49 GMT, 28 November 2020 | Updated: 21:49 GMT, 28 November 2020 Asset manager Columbia Threadneedle is shutting a UK fund that held more than £1billion of investors’ money … Read more

Mark Carney set to join Brookfield Asset Management

Former Bank of England Governor Mark Carney set to join Center Parcs owner Brookfield Asset Management to lead its push into sustainable investing By Daily Mail City & Finance Reporter Published: 22:13 BST, 26 August 2020 | Updated: 22:13 BST, 26 August 2020 Former Bank of England Governor Mark Carney is set to join Center … Read more

Meet the charity boss who’s teamed up with an asset manager to fund healthcare tech start-ups

Charity and think tank Future Care Capital has teamed up with RYSE Asset Management to launch a fund investing in innovative early-stage healthcare companies. It has already funded an in house start-up e-learning platform for unpaid carers and an NHS prescriptions management app.   Andrew Whelan is founding chairman of Future Care Capital and director of … Read more