UIL Acquires Majority Stake in Zeta Resources Limited

Key Points:,UIL Acquires 95.03% of Zeta Resources: UIL is set to merge Zeta's investment platform with its own after acquiring GPLPF’s 187 million sha...

KinderCare Learning Companies Begins Trading on NYSE Following Succe...

Key Points:,Successful IPO,: KinderCare’s shares began trading on the NYSE, priced at USD 24.00, with Partners Group retaining a 71% stake.,Industry L...

Ramsdens Holdings Reports Record FY24 Profit, Sets Stage for Further...

Key Points:,Ramsdens Holdings expects to report record profit before tax of at least £11 million for FY24, a 9% increase from FY23.,The company’s dive...

Liontrust Asset Management Reports £1.1 Billion Net Outflows in Q3 2...

Liontrust Asset Management Plc (LSE:LIO), a specialist independent fund management group, has released its trading update for the quarter ending on 30...

Liontrust Shares Hit Near Seven-Year Low Following Market Trends

Highlights:,Liontrust Asset Management reported continued elevated outflows, resulting in total assets under management declining by 4% to £26 billion...

CMC Markets has recorded a first-half profit, marking a successful t...

Highlights:,CMC Markets achieved a 45% year-on-year increase in net operating income, reaching £180 million in the first half of 2024.,Operating costs...

Electric Guitar has implemented Voco with NFC technology for the fir...

Highlights:,Electric Guitar PLC’s subsidiary, 3radical, successfully deployed NFC-enabled Voco technology at the Grand Designs Live event in Birmingha...

The London Stock Exchange Group has been assessed as ‘fairly priced’...

Highlights:,London Stock Exchange Group PLC receives a minor upgrade from Deutsche Bank ahead of its upcoming quarterly earnings report.,Deutsche Bank...

Pacific Assets Trust: Recent Financial Performance, Sustainability,...

Key Points:,Pacific Assets Trust’s annualized return of 7.7% lags behind its performance objective, but inflation stabilization offers hope for improv...

InvestAcc Group: Acquisition of InvestAcc Holdings Completed and Re-...

Key Points:,The acquisition of InvestAcc Holdings marks a major step in the Company’s strategy to become the UK’s leading specialist pensions administ...

Brooks Macdonald is now the owner of a wealth planning firm based in...

Highlights:,Brooks Macdonald Group plc acquires Manchester-based wealth management firm LIFT-Financial for an initial £30 million, potentially rising...

The resilience of S&U is highlighted by Chairman Anthony Coombs in r...

Highlights:,S&U PLC reports challenges in the Advantage motor finance division due to regulatory changes and higher provisions.,The Aspen Bridging bus...

Brooks Macdonald Group to Acquire LIFT Financial Group for Up to £45...

Key Points:,Brooks Macdonald is acquiring LIFT Financial Group for an initial £30 million, with total potential consideration of up to £45 million bas...

St James’s Place’s recovery prospects following the pensions overhau...

Highlights,St James's Place faces significant overcharging claims but has begun a share price recovery following less-dismal interim results in July.,...

The State of London’s AIM shows no recovery, according to new resear...

Highlights:,The AIM market, managed by London Stock Exchange Group PLC,continues to underperform in 2024, diverging from trends seen in major global i...

New regulations aimed at preventing fraud are being established for...

Highlights:,New rules effective from October 7, 2024, mandate compensation for victims of digital fraud involving UK banks and payment service provide...

AJ Bell, Quilter, and St James Place are viewed as capable of managi...

Highlights:,Analysts at Panmure Liberum suggest that lower interest rates may benefit wealth management platforms, leading to increased investment act...

The first milestone under the Marcomms.ai collaboration is highlight...

Highlights:,Electric Guitar PLC has successfully launched its first product under the Marcomms.ai joint venture with Exelia Technologies, enhancing it...

3i Infrastructure Announces €309 Million Sale of Valorem Stake with...

Highlights:,Significant Stake Sale,: 3i Infrastructure announces the sale of its 33% stake in Valorem for €309 million, representing a 15% premium.,St...

Phoenix Group's Rating Lowered by Major Interest Bank

Highlights,UBS has downgraded its recommendation for Phoenix Group Holdings PLC from 'buy' to 'neutral,' indicating a balanced risk-reward outlook.,Th...