The F&C Commercial Property trust, the group’s third, will launch with a diversified portfolio of office blocks, retail outlets and industrial holdings. The launch follows the group’s first two trusts, both branded Isis, trading at a premium to NAV.
I must confess to something of a mis-spent youth. At university, while others toiled their way through the holidays working at the local pub or, better, as highly paid interns at investment banks, I sat at home and whiled away the time watching TV. Months and months passed with the biggest question being: MTV or […]
Network 300 director Chris Batten has extended an olive branch to ex-members in the wrangle over commission. Batten has pulled together the old Group 300 board – except for Gary Blair – to finalise a peace summit with ex-Network 300 members in an attempt to bring an end to the dispute over commission owed. Ex-finance […]
A group of 500 people have launched legal action against Ingenious Media saying they were misled about film investments that were later deemed to be tax avoidance by the government. According to Bloomberg, which cites court documents, employees from companies including Goldman Sachs, Lloyds Banking Group and HSBC are part of the action. British composer Andrew Lloyd-Webber is […]
Embark Services returned to profit in 2017 as it reported an increase in self-invested personal pension clients. Embark Services is a subsidiary of Embark Group that trades under the Hornbuckle and Embark brands. The business reported pre-tax profit for the year ending 31 December 2017 of £136,000 compared with a loss in 2016 of £2.4m. […]
Architas UK has seen inflows drop by just over 70 per cent in the first half of the year. The Axa-owned asset manager reported £152m net inflows for the first six months of 2018, compared with £546m in the first half of 2017. Globally, Architas’s net inflows dropped to €797m (£710.6m) in the first half […]