Figures show 2021 has seen record fundraising by investment companies

Figures complied the Association of Investment Companies (AIC) show fundraising by existing investment companies (known as secondary fundraising) has bounced back strongly this year. £8.71 billion has been raised so far. The secondary fundraising figures are from 1 January to 4 October 2021. Fundraising by existing companies has been led by the Renewable Energy Infrastructure sector, which... Continue Reading →

CMC Markets issues a profit warning

Spreadbetting company, CMC Markets, has this morning issued a profit warning. The group, which saw massive share price appreciation in 2020 during the pandemic as its customer numbers swelled, has revealed that it now expects for the FY 2022 net operating income to be between £250-280m. In July it was saying it would be £330m... Continue Reading →

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