M&G Investments RSS feed

Companies need funds, yet �1.6bn goes begging

Tue, 02 Mar 2010 10:39:51 GMT

City Comment: Though the banks say they are lending as much as ever to the corporate sector, there appear to be a lot of companies that can�t get credit they want

VT Group ups its bid in move for Mouchel

Mon, 15 Feb 2010 10:27:49 GMT

Engineering and support services firm Mouchel is weighing up an increased takeover offer from VT Group worth �330 million

Sandy Chen's Walton bank intends to raise �200 million with AIM float

Fri, 22 Jan 2010 11:54:56 GMT

Sandy Chen�s new bank Walton & Co to float on London�s junior stock market next month as it raises cash to take on the tarnished big-names

Whitbread sells five hotels to raise cash for expansion

Thu, 24 Dec 2009 09:23:17 GMT

Whitbread goes against the grain of its usual investment strategy, selling five of its Premier Inn properties for �36.5million through a sale and leaseback deal

The unsung hero who must be worth a King�s ransom

Thu, 26 Nov 2009 08:42:56 GMT

M&G�s strong showing boosts Pru�s results

Wed, 28 Oct 2009 08:39:54 GMT

He's been the top man at the Prudential for just two months but so far Tidjane Thiam could be forgiven for thinking that this chief executive lark is a doddle

Rats! KPMG grabs account from PwC

Tue, 11 Aug 2009 06:35:08 GMT

It's war. KPMG has just nabbed Rentokil�s lucrative contract for internal auditing from arch rival PricewaterhouseCoopers � by offering a 30% discount to the PwC price

M&G's bet on Tullow the star as funds stage a comeback

Fri, 03 Jul 2009 15:17:24 GMT

UK equity funds delivered average returns of 3.2% in the first half, with M&G Group's Recovery Fund leading the way among the biggest players after it bet on Tullow Oil and Invensys.

New man at the Pru talks up shares in a tough market

Thu, 14 May 2009 08:26:01 GMT

Tidjane Thiam is easing himself into the top job at Prudential - and talking up the share-price prospects for the UK insurer

Pru in bullish mood with �2.5bn surplus

Fri, 20 Feb 2009 09:04:39 GMT

Insurance: The Prudential insisted it has enough cash to survive a slump as bad as the Great Depression as it reported a 5% rise in sales

As rates fall, it�s time to take on a little more risk

Thu, 04 Dec 2008 12:56:22 GMT

Some of the MPC's cut will be passed on in cheaper home loans, but more of it will be sliced off the rates for savers

Cowdery back to raise �1bn for a shake-up of the laggers

Wed, 19 Nov 2008 09:21:44 GMT

Insurance: Clive Cowdery, the vulture-fund investor who shook up the insurance industry, is back with a new venture

Prudential out to prove itself with AIG move

Tue, 21 Oct 2008 08:06:31 GMT

Prudential confirms it is taking a close look at AIG's Asian business and moves to reassure the City it remains a source of financial strength

B&B's backers left holding big stakes after issue flop

Fri, 22 Aug 2008 09:45:08 GMT

Bradford & Bingley came under fresh pressure after the underwriters in its disastrous �400million rights issue were left holding millions of shares

B&B bailout issue snubbed by seven out of 10 shareholders

Mon, 18 Aug 2008 12:06:31 GMT

Beleaguered former building society Bradford & Bingley today revealed that its £400 million bailout rights issue was rejected by more than seven out of 10 shareholders

�2.25m payday for new man at struggling B&B

Mon, 18 Aug 2008 13:22:58 GMT

Richard Pym, who has been parachuted in as the chief executive of troubled bank Bradford & Bingley, will be paid a guaranteed £2.25 million for the next 10 months' work

Business model is out of gas

Thu, 31 Jul 2008 08:10:53 GMT

While people are now beginning to understand how soaring fuel prices are destroying the airline industry, there is less awareness of the devastating effect it is having elsewhere and in particular how the energy sector faces a huge challenge

Has the market maxed out on pessimism yet?

Thu, 10 Jul 2008 10:37:58 GMT

"Bull markets are born on pessimism... the time of maximum pessimism is the best time to buy." Thus Sir John Templeton, who died this week after proving another maxim, that an interest in markets is a fine way to longevity. He was 95, and one of the outstanding investors of the last century

Has the market maxed out on pessimism yet?

Thu, 10 Jul 2008 10:38:35 GMT

In the lifeboat, but wait for all-clear

Fri, 04 Jul 2008 14:39:10 GMT

There was an audible sigh of relief across the City this morning: at last the authorities seem to have got their act together and quickly and efficiently saved a bank

Wimpey shares halve as cash call snubbed

Wed, 02 Jul 2008 09:37:08 GMT

Taylor Wimpey, Britain's biggest housebuilder, is in danger of collapse, a leading City broker warned

Rogue trader crackdown: How the City players have reacted

Fri, 13 Jun 2008 14:52:49 GMT

The Evening Standard talks to City experts about their opinions on the FSA's rogue trader crackdown