FTSE 100 news / Companies and sectors / Financial services / 13 October 2026
Financial services: sector news on Tuesday 13 October 2026
Average tone +3.1 (positive) across 9 companies with relevant coverage, from 46 stories.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| Investec | +3.7 | 12 | Coverage was mostly about Investec's £21m refinancing loan for a Belfast student housing scheme and its choice of Navan to run its global travel programme. |
| London Stock Exchange Group | +2.0 | 12 | Coverage was led by a new multi-year data agreement with CMC Markets, which is good for LSEG. |
| M&G | +5.5 | 6 | Coverage mainly focused on M&G's launch of a £74m private credit LTAF for defined contribution savers, alongside its commentary on pension money supporting UK growth. |
| IG Group | +1.7 | 5 | Coverage was mixed, with Jefferies reaffirming its Buy rating on IG Group while one piece looked back at a revenue warning that had shaken the market. |
| Pershing Square Holdings | +1.3 | 5 | Coverage was mixed: Baupost's new stake in Pershing Square was a positive, while a Citigroup move to sell and a reminder of the old Netflix loss weighed slightly. |
| Aberdeen Group | +2.0 | 2 | Most coverage was routine filings and fund listings, so little of it bore on the group itself. |
| ICG | +4.5 | 2 | Coverage was limited to Yahoo Finance pieces, with one describing the shares as still looking cheap after a 49% three-year run. |
| Schroders | +4.2 | 1 | The only relevant coverage was a Livewire Markets piece on how Schroders is approaching fixed income, which reads as mildly positive for its reputation. |
| St. James's Place | +3.0 | 1 | The only relevant coverage was about St. |
| 3i | – | 0 |
Strongest stories in the sector
- +9.2 IG Group (LON:IGG) Stock Rating Reaffirmed as "Buy" by Jefferies Financial Group
Jefferies reaffirms Buy rating, supportive analyst view. - +7.5 London Stock Exchange Group (LSEG) And CMC Markets Enter Multi-Year Data Agreement
New multi-year data agreement with CMC Markets is a commercial win. - +7.5 LSEG, CMC Markets Enter Strategic Data Agreement
Strategic data agreement with CMC Markets is positive. - +7.5 M&G launches £74m private credit LTAF for DC savers
£74m LTAF launch for DC savers, positive product news. - +7.5 M&G launches private credit LTAF investing in real assets debt
New private credit LTAF launch expands M&G's product range. - +7.5 Seth Klarman’s Baupost Loads Up On AMZN, GOOGL — Takes New Stake In Bill Ackman’s Pershing Square
Baupost taking a new stake signals investor confidence in Pershing Square. - +7.0 ICG (LSE:ICG) Stock Still Looks Cheap Following Its 49% Three Year Run
Valuation piece calling stock cheap after 49% three-year rise. - +6.7 Is interactive investor Powering A Turnaround At Aberdeen Group (LSE:ABDN) This Year?
Asks whether interactive investor is powering a turnaround at the group. - −6.7 Goldman Sachs cuts target for LSE Group stock to GBp 13,140 - ad-hoc-news.de
Goldman Sachs cut price target on LSEG. - −5.0 Weekly Commentary | Oct 11, 2026 | NMCO Rights, Abrdn Cuts, CEF Seasonal Discounts (NYSE:NMCO)
Commentary mentions abrdn cuts, mildly negative for the group's funds. - +5.0 Investec Real Estate refinances Belfast student housing scheme
Investec Real Estate refinances Belfast student housing scheme. - +5.0 News | Investec Real Estate originates £21 million loan for Belfast student scheme refinance
Investec Real Estate originates £21m loan for refinance.
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