Julian Moore

News & Analysis | Private equity could be a financial risk, warns Bank of England Asset values and debt put industry under the spotlight, finds Andrew Holt. Read more: https://lnkd.in/eNND8XMJ Bank of England #Interestrates #Investmentrisk #Privateequity #Privatemarkets

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The private capital landscape is seeing some exciting shifts, especially when it comes to giving fund managers more flexibility. Take the recent partnership between Investec and Ares Management—an approach designed to support fund managers with much-needed subscription line facilities in the UK, Europe, and beyond. This sort of collaboration shows how innovative finance can help meet the increasing demand for liquidity, particularly in the mid-market. For fund managers, having the right financial guidance can be invaluable. The structuring them in a way that aligns with growth ambitions and gives managers the confidence to act quickly when opportunities arise. That’s where strategic advisory comes in, helping to craft bespoke financial solutions that serve immediate needs while supporting long-term stability. It’s clear that as market demands evolve, so too must our financial solutions. With tailored advice, fund managers are better placed to secure sustainable growth in a way that makes sense for their strategy. https://lnkd.in/ek3TkgwR

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CW Advisors, South Yorkshire Pensions Authority, KKR, and Triple Point Investment Management are among the firms to feature in this week’s Preqin News round-up of people moves at GPs and LPs. Read more: https://okt.to/V0jTsm #privatecapital #privatemarketnews #alternativeinvestments

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“Trustpilot has limited direct competition, a compelling value proposition and is a trusted brand.” Ken Wotton, Fund Manager, WS Gresham House UK Smaller Companies Fund, highlights Trustpilot as a FTSE 100 star of the future in an article by Tom Aylott for the July edition of the Portfolio Adviser magazine. Like many small-cap companies listed in the UK, shares in the customer review website trade at a steep discount compared with other global markets, however it has the potential to skyrocket into the FTSE 100 once its price catches up to its real value. Ken comments: “If it can deliver the growth and partially close its rating discount to US listed software peers, that would be sufficient to pilot itself into the top tier of the UK equity markets.” https://lnkd.in/eCkFjSUx (article from pg. 20-21) #growth #smallcap #ukequities | Capital at risk. Not an investment recommendation. Opinions expressed are those of the individual fund managers.

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What are private assets? And why should beginner investors consider them for their investment portfolios? Colm Walsh, Portfolio Manager at ICG Enterprise Trust PLC and David Stevenson discuss all things private equity in the latest episode of The Resilient Investor. ICG Enterprise Trust is the only UK-listed private equity investor focusing exclusively on buyouts in developed markets, where the team believe opportunities offer the best risk / reward profile for shareholders over the medium to long term. Listen to the latest Resilient Investor to discover why these under-the-radar investments could be the key to unlocking a more robust and resilient portfolio for investors.

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The former Government was consulting on a proposed new exchange platform (to be known as PISCES) for secondary share sales, a significant change for investors funding growth stage companies and founders and other shareholders in growth stage UK private companies. Mishcon de Reya responded to the Government consultation. As we await the response from the new Government, we understand that work remains underway to implement this, albeit perhaps with some slippage in timeline to fall into 2025 rather than end of 2024. We're therefore continuing to seek your views on whether this new liquidity arrangement appeals. Take our survey: https://lnkd.in/gqtvdTxQ Mishcon de Reya will be publishing further insights and hosting an event related to PISCES in Autumn 2024. Join our mailing list to be notified when registrations open: https://lnkd.in/gJspq7MX

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Watch David Coombs, #RathbonesAssetManagement Head of Multi-Asset Investments, alongside a panel of specialists at Asset TV UK's Masterclass where they discuss the current #Investment landscape. They focus on whether it's a stock picker’s #Market, the impact of tight bond market spreads on #ActiveManagement, and the future of #MultiAsset strategies. Key points include portfolio construction, strategic asset allocation, the role of #Diversification, and the appeal of various asset classes, including #UKEquities and #GlobalBonds. #ATVMasterclass #Investments #RathbonesMultiAsset #ProfessionalInvestors

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Investors in past capital raisings in landholding private companies and private unit trusts as far back as 16 April 2004 could be required to pay more duty. Read our article for recommendations and some key takeaways: https://ow.ly/89Wz50THsUv By: Keshni Maharaj, David Wong and Jessica Chen

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RIT Capital Partners plc - 16 August 2024   31 July 2024 Net Asset Value   "RIT Capital Partners plc announces that its unaudited diluted net asset value ("NAV") as at 31 July 2024 (with debt at fair value) was 2,560p per £1 ordinary share (30 June 2024: 2,508p). Our portfolio outperformed both our global equities and inflation hurdles during the month against a volatile backdrop for global equities with a positive performance of +2.1% for the month, driven by strong gains in our Quoted Equities pillar, while our Private Investments and Uncorrelated Strategies pillars remained largely flat. Our meaningful US dollar position detracted from returns as sterling rallied in the wake of the UK general election." For further information, please click on the link below. Capital at risk. Professional investors only. https://lnkd.in/eppXc2Sz

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📢 Investment Insight 📢 In this week's NMA Investor, our Head of Investments, Charlie Lloyd, talks about our revamped investment strategy, which involves shifting from model portfolios to OEICs and leveraging low-cost ETFs to drive growth while maintaining efficiency. 👉 Read the full article here: https://lnkd.in/ejedh43M

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Coverage of Temple Bar's recently published annual results in this article from Citywire's Gavin Lumsden, highlighting recent bid activity in the UK stock market and the "miserly valuations" attached to UK stocks, among other things. https://lnkd.in/eh8ymF8C No investment strategy or risk management technique can guarantee returns or eliminate risks in any market environment.   #valueinvesting #ukinvestment #opportunity 

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Great to see Chris McVey featured, alongside four other fund managers, in a recent Portfolio Adviser article. It looks at which small and mid-cap companies they expect to become some of the biggest names in the UK market over the next five years. The article discusses how in an ideal world, investors would buy shares in a company during its infancy and reap the potential rewards as it grows in size and influence. However, identifying a company that could become a future household name is a difficult skill that requires a lot of market knowledge. Please remember, investing will place your capital at risk. Click here to see what companies the managers chose: https://bit.ly/4fAi6Ub

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Ahead of the Autumn Statement, leading private equity professionals share market perspectives on the UK investment outlook. https://bit.ly/48nIsFX Read the insights from our recent Private Equity Leaders’ Roundtable in BZ’s latest white paper extract. #Budget #AutumnStatement #PrivateEquity #UKEconomy #BZ

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Our UK Small & Mid Cap universe of over 900 companies is cheap for the first time on Quest DCF valuation The market appears to be underestimating the revival in returns, indicating that the UK Small & Mid Cap companies are undervalued or the consensus forecast is overly optimistic. 

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To share an insight into the Pure Hedge Fund, who it is appropriate for, and factors to consider when looking to include the fund in clients’ portfolios, we were joined by Alan Yates of Peregrine Capital👉 https://lnkd.in/e56mBaFi

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