Sterling Investment Management

Euromoney Institutional Investor

Euromoney is a global B2B information-services business. The company provides actionable data, analysis, intelligence, and access through three divisions: Fastmarkets, Financial & Professional Services (FPS), and Asset Management.

A consortium of funds has bid £1.7bn for the company. We may have nearly doubled our money but feel there was more upside. Sadly, it is the buyers who will benefit from the “sum-of-the-parts” that the astute Andrew Rashbass has painstakingly assembled.

Side note: at a fundamental level, we find it displeasing that our great British companies are being taken out, one after another. We want more and more good companies to be listed – not delisted.  

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