Carillion

FCA Update

FCA Enforcement Actions Cliff Weight and Peter Parry met with Executives from the FCA Primary Markets and Secondary Markets teams on 28 October. We discussed a number of regulatory issues and shared various concerns. The nature of these meetings is that much is confidential and the FCA cannot comment on specific cases if that might be prejudicial to those being investigated, nor can they comment on cases that are not known to be in the public eye. I am pleased to report the ...

Do Spivvy PE Funds IPO Their Investments at Inflated Prices? – and HM Treasury Consultation UK Listings Review

The AA 86% share price decline, coming on top of the Saga and Aston Martin makes me wonder if PE firms and others are exploiting those retail investors willing to buy into a fashionable story. I have to admit to losing money on Saga, whose share price is down 90% from its 2016 high. My mother-in-law was a huge fan of Saga and she gave me a present of Saga membership when I was 50, so when they were floated, I and ...