Hedge funds have slashed the level of their gearing by
10 percent according to a private survey by British regulators.
The findings come amid growing fears that funds and companies have been
loading themselves with too much debt and are creating the possibility of a
collapse that could ripple through the financial sector.
Leading figures such as Jon Moulton, the head of Alchemy Partners; and Philip
Yea, chief executive of 3i, have warned about the risks of over-leveraging and
the fragility of some hedge fund players.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.