Investing.com -- Shares of Petrofac (LON:) plunged over 11% on Monday following the announcement of a financial restructuring plan that signals major challenges for the company.
Analysts at Jefferies described the restructuring as bringing “material dilution” to existing shareholders, casting doubt on the company's...
Quentin Marshall, chair of Kensington and Chelsea’s £1.9bn pension scheme, has delivered the best performance of any UK local authority fund over the past decade by parking half of its assets in a global equity index tracker. Marshall, who has chaired the fund since...