PRESS RELEASE: StatPro: European Asset Managers to Prioritise Liquidity Risk

23rd Jun 2010 10:00

LONDON--(BUSINESS WIRE)--June 23, 2010-- Liquidity risk is a key challenge faced by European asset managers, according to a survey of over 120 leading asset managers who gathered in London, Madrid and Milan during May to attend a series of conferences that discussed the future of risk measuremen

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Collins Stewart director beats CGT change

8th Jun 2010 16:50

Collins Stewart executive director Paul Baines is the latest director to sell shares in order to take advantage of the current capital gains tax regime prior to the expected rise in the tax rate. Baines became a director of the broker when it acquired corporate finance adviser Hawkpoint at the end

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Small caps round-up: 32Red, Alkane, Norseman...

10th Mar 2010 11:21

Online casino operator 32Red enjoyed a "strong" recovery in the second half and said revenues increased 10% in January and February. Profit before tax fell to £530,186 in 2009 from £1.27m a year ago on revenue down 2% to £12.75m. The 32Red Casino business led the fight back, helping total second ha

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Small Cap round-up: Headlam, Inspired Gaming, IQE...

19th Jan 2010 10:38

Floorings specialist Headlam's 2009 revenue reduced by 3.8% compared with the previous year, but a £12m currency benefit and full year contribution from Dutch business Silvester will mean earnings for 2009 are likely to be slightly ahead of market expectations. Headlam added that, overall, trading

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Small caps round-up: GeoPark, Kiwara, Cashbox,...

21st Oct 2009 13:16

Latin American oil and gas exploration and production company GeoPark gained after announcing the successful drilling and testing of a new discovery oil well - Yagan Norte 1 - in the Tobifera formation on the Fell Block in Chile. GeoPark drilled and completed the Yagan Norte 1 well to a total dept

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Small caps round-up: NetDimensions, Ocean Power, Qonnectis...

14th Jul 2009 12:59

Training software provider NetDimensions traded in lien with expectations in the first half of 2009. Cash balances at the end of June stood at $6.8m, up from $5.3m at the end of 2008. The company said its cash balance is equivalent to 16.5p in cash per share, a few pence above the current share pric

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Serco chief raises stake

16th Jun 2009 17:08

Serco chief executive Christopher Hyman has bought shares and exercised options in the support services firm. Hyman purchased 38,303 ordinary shares at a price of 404.50p per share, which are to be held as Investment Shares under the terms of the company's deferred bonus plan. In addition, Hyman e

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Brendan Murtagh cuts Kingspan stake

10th Jun 2009 16:53

A surge in the share price to a seven-month high has convinced Kingspan Group co-founder and director Brendan Murtagh to cash in part of his stake. Murtagh, who along with elder brother Eugene set up the Irish insulation board maker in 1972, sold 500,000 shares at €4.75 each, netting €2.4m. The sh

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Statpro trading ahead of expectations

20th May 2009 08:57

Asset management software specialist Statpro said trading for the first four months of 2009 is slightly ahead of the directors expectations and significantly ahead of the same period in 2008. The group said the performance reflected recent new contract wins as well as the positive impact of the res

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