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Small caps set to climb as IPOs grow and Europe recovers

The UK small cap market is set to regain traction on the back of weak sterling, a stronger IPO market and the more positive outlook in Europe. Valuations have become more attractive following the sell-off in the small cap sector in 2014, after a “very good run” in 2012-2013, says AXA Wealth head of investing […]

Jim O'Neill

Jim O’Neill to lead Govt devolution plans

Former Goldman Sachs chief economist Jim O’Neill is to be made a peer and will help shape the Government’s devolution plans as commercial secretary to the Treasury. In a speech in Manchester yesterday, Chancellor George Osborne announced O’Neill – who coined the term Brics to describe emerging economies – would be placed “right in the […]

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Labour promotes Chris Leslie to shadow chancellor

Labour has named Nottingham East MP Chris Leslie as its new shadow chancellor following the defeat of Ed Balls at last week’s election. Leslie steps up from his previous role as shadow chief secretary to the Treasury, in which he opposed Liberal Democrat Danny Alexander. Having previously represented the Yorkshire constituency of Shipley from 1997, […]

Natixis nets record £14bn inflows

Natixis Global Asset Management has seen a net income increase of 25 per cent to €331m (£246m) in the first quarter of 2015, helped by new net inflows in its asset management unit. The group saw a record €19bn of net inflows in the asset management business of which €8bn was in Europe and €11bn […]

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