Market Pulse
Ashmore reports $2.1bn fall in assets under management
Specialist emerging markets asset manager Ashmore said in an update on Monday that assets under management decreased by $2. 1bn in the March quarter, which it attributed to negative investment performance of $0. 1bn and net outflows of $2bn.
Sanderson Design renews, expands licensing deal with Blinds 2go
Sanderson Design Group announced the renewal and expansion of its licensing agreement with Blinds 2go, an e-commerce entity specialising in made-to-measure blinds, curtains, and shutters, on Monday.
Sirius Real Estate flags decent year despite macro challenges
Business and industrial park specialist Sirius Real Estate said in an update on Monday that, despite prevailing macroeconomic challenges, it achieved a 8. 2% increase in overall rent roll in the financial year just ended, or 7. 2% on a like-for-like basis.
Great Portland Estates inks lease with fashion brand Represent
Great Portland Estates announced on Monday that British luxury brand Represent had agreed to open its new London flagship store at the company’s 135/141 Wardour Street property in Soho.
Monday newspaper round-up: Barclays, Middle East, fuel prices, oil exploration, tax havens
A 20-year-old children’s charity that shut down after an error by Barclays led to its account being closed was offered only £250 in compensation by the bank. JusB, which worked with young people from disadvantaged backgrounds, initially was offered the sum along with an apology for a mistake that resulted in the charity being cut off from its finances for nearly a month last year. This offer was increased later to £525, which Sir Robert Neill, the charity’s constituency MP, called “trivial” and said “bears no relation to the harm done”.