A 20-year surge in growth in Africa indicating that the world’s poorest continent is coming to terms with its challenges has raised the prospect of the African lion economies emulating the Asian tiger economies in the 21st century. Africa’s advantages include enormous untapped resources, a youthful population and…
Finance
Cash reserves of EMEA’s listed companies hit new high – but ‘pivot point’ will herald wave of investment
· Listed companies in EMEA have almost €1tn in cash, up from €714bn in 2007 · 59% of major businesses in this region will invest in the next 12 months · Training and development…
Ignore geopolitical risk at your peril, investors warned
Investors are being urged by a leading global analyst to review their portfolios more regularly and to include a small exposure into real assets, such as commodities and precious metals, as a precaution against rising geopolitical risk. Tom Elliott, International Investment Strategist at deVere Group, which…
Bellpenny completes £108m FUM purchase of Glasgow IFA Reid, Scott & Ross
1 September 2014. Bellpenny, the national wealth manager and IFA acquirer, announced today that it has completed the acquisition of the Glasgow-based IFA Reid, Scott & Ross (RSR). The deal involves more than 1000 active clients and £108m of funds under management.
WHEN CROSS BORDER ACQUISITIONS MAKE SENSE
Cross-border acquisitions constitute the overwhelming majority of foreign direct investment flows. Such takeovers transfer ownership of valuable assets held by domestic firms – including technologies, trade secrets, capital, and distribution networks – to foreign enterprises. Many policy makers malign cross-border takeovers that occur within their national industries, citing…
ALTERNATIVE FINANCING STRATEGIES ARE NEEDED TO REACH PENSIONS STABILITY
LONDON August 2014 – Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE:AON), has said that with defined benefit pension schemes climbing towards healthier funding status, they should be changing their approach and diverting sponsor contributions into alternative financing strategies. Various measures of…