Heavy falls in the travel, tourism and financial sectors prompted a 2% plunge on the FTSE 100 on Monday as investor sentiment was hammered by concerns about the future of Greece and the wider Eurozone. The FTSE 100 finished 133.22 points lower (-1.97%) at 6,620.48 by the end of the session, its lowe
Read moreMid-caps plunged on Monday, with gains made by miners overshadowed by weakness in the travel and financial sectors, as Greece closed its banks and called for a public vote on bailout proposals by its creditors. As of 15:00, the FTSE 250 was trading 1.2% lower at 17,607. Travel tour operator Thomas
Read moreEuropean Banks are undervalued as their risk profile and cost of equity have fallen sharply, one of the world's largest brokers said on Thursday. Lenders' move to de-lever has seen their beta, the most widely accepted measure of an investment's riskiness in comparison to the wider market, "fall dram
Read moreShares in fund manager Henderson Group may look primed for a fall, but that may be misleading. True, the bulk of its assets are mainly in equities and fixed income, especially in the UK and US, and it has a large exposure to retail investors. To all of that one might add the stock's current generous
Read moreAsset management firm Henderson Group has reached an agreement to acquire Australia's Perennial Fixed Interest Partners Pty Ltd and Perennial Growth Management Pty Ltd from IOOF Holdings for an undisclosed amount. The London-listed company said the deal will increase its pan-Asian assets under manag
Read moreLondon-listed asset manager Henderson Group said on Tuesday that it has acquired Perennial Fixed Interest Partners Pty and Perennial growth Management Pty from IOOF Holdings, which have combined assets under management (AUM) of £5.5bn. The company also said it has increased its ownership of 90 West
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