ETFs/ETPs listed in the United States have gathered a record US$201.7  billion in net new assets as of the end of November 2015 which is 5% above the record level of US$191.8 billion of net new assets gathered at this point in 2014. This marks the 10th consecutive month of positive net inflows. The US ETF/ETP industry had 1,824 ETFs/ETPs, assets of US$2.1 trillion, from 92 providers listed on 3 exchanges at the end of November, according to ETFGI’s Global ETF and ETP insights report for November Read more [...]

BENGALURU: Interactive Intelligence, a US-based provider of software services for customer engagement, has acquired Customer360, a developer of remote applications such as video and online chats for businesses, in an undisclosed cash buyout. The Mumbai startup was bought for around $10 million, two people familiar with the deal terms said. Customer360 offers a customer engagement platform that includes video chat and mobile apps for live chat and helpdesk. "This platform, combined with the team's Read more [...]

The beautiful former rectory in the hamlet of Areley Kings, near the village of Dunley in Worcestershire, has not one but two listings. Situated next to the pretty church, The Old Rectory has both a Grade II and a Grade II* listing, possibly because of the different ages of parts of the property. The majority of it dates back to the Queen Anne era in the 1700s, while others are much earlier and are reputed to be from the 15th century. It wears its years well, however, thanks to the hard work of Read more [...]

UK listed companies should be clearer about the link between accounting profit and tax paid as part of their annual reporting process, the corporate watchdog has said.09 Dec 2015

AIM-listed advice group AFH Financial is to raise £6.5 million to fund further IFA acquisitions. The Bromsgrove-based business has conditionally raised £4.5 million by placing 2.7 million shares with institutional and other investors. It aims to raise a further £2 million by issuing another 1.2 million shares to new and existing investors at the same price. The price of the shares is a 12.7% discount to their mid-market price at the close of play on 8 December, when they were Read more [...]

Multiple deals to take US-listed Chinese companies private are being backed by big checks from investors back home who are being promised extraordinary returns when the companies relist on China’s own stock markets. Contact our Licensing team to discuss corporate subscription Read more [...]

In June this year, I sold Cefntilla Court, the historic house in Monmouthshire in and around which I spent most of my early years. It was the saddest decision of my life, for there was a time when I thought I would move back to Wales from where I live in Los Angeles. But in the end it was inevitable, because Wales’ unrealistic conservation rules bear no relation to its income. The result is that the country, unable to afford perfection, is abandoning its best buildings. Wales is not exactly poor, Read more [...]

After more than six months suspended, shares in Challenger Acquisitions (LON:CHAL) began trading again earlier this morning. The decision to put the quote on hold followed the unveiling of two acquisitions that triggered the market’s arcane reverse takeover rules. It meant the firm had to compile a prospectus ahead of relisting stock in the enlarged company. Although modest, the deals form the basis of Challenger going forward as the part owner of big wheels similar to Read more [...]

HONG KONG—Multiple deals to take U.S.-listed Chinese companies private are being backed by big checks from investors back home who are being promised extraordinary returns when the companies relist on China’s own stock markets.

Foreign private-equity funds used to be the main players in such transactions, which aim to profit from the sky-high valuations afforded to Chinese tech companies in their home market. A consortium led by the…

The Manchester-based developer has bought the 200,000 sq ft grade two-listed Crusader Works near to Piccadilly Station in an off-market deal with private landowner Shafiq Tufail. The cluster of buildings are on Fair Street, Chapeltown Street, Congou Street and Baird Street in Manchester city centre. Some of the mills are linked, forming a central courtyard. The mills are partially occupied Read more [...]