UK - Pension and sovereign wealth funds are amongst those shoring up Barclays' balance sheet as main buyers of the bank's £4.5bn (US$8.8bn) share issuance today.
Barclays confirmed existing and new 'leading institutional shareholders' had agreed to invest up to £1.3bn, but said it could not divulge names of the specific funds until later this afternoon. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
