London’s role as a world centre for green finance has been given a boost with the launch of a new network for City financiers and renewable energy entrepreneurs. The Finance Network for Sustainable Energy (FiNeSse) will support high quality investment in renewable energy by enabling financiers, entrepreneurs and professional advisers to build deeper relationships and educate one another about this rapidly growing sector. Its launch comes as London is increasing its investment in green energy and seeks to establish world leadership in the field. FiNeSse has been established by leading trade bodies the Renewable Energy Association (REA) and the UK Social Investment Forum (UKSIF). Over 150 financiers, entrepreneurs and professional advisers attended the inaugural FiNeSse seminar and reception hosted by Schroders on 25 February. FiNeSse plans to hold quarterly meetings.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.