Christmas Stock picks: Vp 22/12/2011
Benefits of past investment will benefit Vp, suggests Les Copeland
Corporate activity continues to be brisk in the insurance sector. Banking giant HSBC is to pay £580 million to double its holding in Ping An, China’s second largest life assurer, to 20 per cent.
HSBC is buying its second ten per cent in Ping An, which has 20 million policyholders in a market expected to double to £26 billion in three years, from US investment banks Goldman Sachs and Morgan Stanley and paying nearly twice what it paid for its initial ten per cent.
Meanwhile, London-listed South African financial services combine Old Mutual is negotiating the possible acquisition of Skandia, the biggest insurer in the Nordic region, where Wall Street player Carl Icahn has recently built a stake. Closer to home, broker Numis is planning to bring Advent Capital Holdings, the Lloyd’s reinsurance specialist headed by veteran star underwriter Brian Caudle, to AIM with a fundraising, potentially in equity and debt, to the tune of a possible £50 million.
Subscribe today and save 50%. Receive company watch recommendations and extensive company profile tips, released two months ahead of the market.
Advertisement
£100 credit when you open five trades within 60 days – terms apply. Spread Trading is not for everyone please ensure you understand the risks as you may lose more than your initial deposit. Click here for more information.
This unique study analyses the shareholdings of companies listed on AIM, extracting trends including rankings of the value and number of their investments.
Please click here to order your copy of the report or call 0207 250 7056.
Informative features and research on fast-growing companies, small-cap and growth stocks, penny shares, stock market tips and share recommendations, directors' dealings, company news and analysis, new issues and upcoming IPOs.
If you're interested in business tax updates visit our specialist tax guide website.
In-depth coverage of selected AIM companies within the small-cap and fast growing company sector including AIM and PLUS Markets shares and listed stocks. Company research and analysis from GCI analysts updated daily.
Advertisement
Benefits of past investment will benefit Vp, suggests Les Copeland
Keep an eye on Optos, suggests Robert Tyerman
Production boost should help Global Energy Development gush, argues Miles Nolan