Stock exchanges have been at the forefront in the news recently not least following the recent failure of the proposed merger between the London Stock Exchange and Germany’s Deutsche Bourse. As in other areas of finance there is increasing focus on the need for greater transparency for investors… Read the article
Pensions are long-term obligations. Falling interest rates have affected both the way that companies calculate the size of these liabilities, but also the assumed growth rates of the assets that they hold in order to pay those pensions.
What is quite extraordinary in my view is that QE, which now… Read the article
A regular feature of my life is trying to focus on an IPO (initial public offering) prospectus through sleepy eyes on the 06.35 from Colchester! Unfortunately the complexity of the IPO process often means that the key document – called a ‘pathfinder prospectus’ – only turns up just before (or… Read the article