07
NOV
2013

Twitter prices IPO at $26 a share

So Twitter are launching at $26, a price outside their original indicative range and more than 50% higher than the $17 original bottom end price of just a couple of weeks ago. The Head of the Securities and Exchange Commission warned that high user numbers doesn’t always mean hi
06
NOV
2013

Regulator tightened up on listing rules

London is considered to be one of the finest and most reputable financial centres in the world.  However, occasionally, areas need to be tightened up and it is the speed and response of the regulator that is critical to maintaining London’s reputation. Yesterday the regulator ti
05
NOV
2013

Twitter selects NYSE to host IPO

Twitter is about launch its IPO on the New York Stock Exchange this Thursday and the markets are already getting excited. The flotation is expected to be oversubscribed so the price could trade at a premium from the beginning. Some believe that, as the stock is such a recognisable bra
01
NOV
2013

FCA to crack down on fund manager fees

Despite the FCA being under resourced they are still coming up with new initiatives to try and make the market place both fairer and safer for the consumer. Funds Under Management has now, once again, come under their spotlight. This £5.2 trillion industry sometimes charge their clien
31
OCT
2013

FCA to cut fund authorisation times

At an asset management conference in London recently,the FCA announced that it is committed to cutting fund authorisation times for UCITS and other fund structures by April 2014.  They aim that 90% of authorisations will be completed within six weeks as of next April.  They went on to
28
OCT
2013

FSCS confirms new interim levy for investment advisers

The Financial Services Compensation Scheme have just announced that it is likely to impose a supplementary levy on investment intermediaries as the cost of compensating Catalyst and Arm investors could run into the tens of millions of pounds. Once again the careful and compliant firms