FT 11/06/19 - Vox Markets | Vox Markets

FT 11/06/19

Watchdog urged to reform ‘best buy’ lists of funds. Top broker Hargreaves Lansdown (HL.) kept Woodford fund on favourite list until its suspension

Lombard – Woodford and activists are allied in dash for cash. Faster sell off of Allied Minds (ALM) assets and a faster return of cash would suit fund manager

Ocado Group (OCDO) ploughs £17m into indoor farms. Advocates say stacked layers produce more consistent food and shorten supply chains

MJ Gleeson (GLE) chief executive leaves over pay dispute. Shares fall after Jolyon Harrison steps down following disagreement with board

Hargreaves Lansdown (HL.) tumbles nearly 20% in grim start to June. FTSE 100 financial group on track for heaviest fall in five years amid Woodford turmoil

Thomas Cook Group (TCG) in talks with Fosun to sell tour operator unit. China-based owner of Club Med owns almost a fifth of travel group’s shares

Allied Minds (ALM) names new CEOs and scraps bonus scheme. Jill Smith leaves technology incubator as it faces activist pressure to slash costs


Mentioned in this post

Allied Minds
MJ Gleeson
Hargreaves Lansdown
Ocado Group
Thomas Cook Group