Dealings round-up: BlueBay duo cash in
A round-up of the biggest director deals today so far.
Two directors of BlueBay today took advantage of the recent tripling in its share price to trim their holdings in the fixed income fund manager.
A secondary placing of shares saw Nick Williams, Chief Financial Officer, sell 1m shares and Alex Khein, Chief Operating Officer dispose of 2m shares. The placing was priced at 290p per share.
BlueBay today announced an increase in assets under management in the year to June to $24.3bn from $21bn. The firm said $5.8bn of net inflows, predominantly from its institutional client base, came through in the second half of the fiscal year. Profits for the year fell to £17.5m from £50.1m, with underlying profits before one-offs at £22.3m.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Value: £1,747,500
Value: £215,200
Value: £210,700
Value: £100,000
Value: £99,412
Value: $84,965
Value: £29,775
Value: £15,000
Value: £5,800,000
Value: £2,900,000
Value: £808,511
Value: £670,500
Value: £582,614
Value: £193,120
Value: £119,364
Value: £38,150
Value: £30,750
Value: £29,700
-
FTSE 100 hits record highs – why is it rising and will we see more gains?
Advice UK equities have been described as unloved for a long time but as the FTSE 100 hits new highs, we explain if now is the time to buy British.
By Marc Shoffman Published
-
How to invest in copper
It may be time to invest in copper as the red metal appears poised for a big jump. Dominic Frisby looks at what should investors should buy
By Dominic Frisby Published