richard buxton

BUXTON'S 25 YEARS IN CITY

As a confident and bold young investor in the Square Mile, Richard Buxton once wagered all of his life savings on the UK cutting interest rates.

ON UK GROWTH

GUEST LEADER

Schroders' Richard Buxton has reiterated his support for Korean state-controlled oil producer KNOC's hostile pursuit for Dana Petroleum.

South Korea state-owned oil company KNOC has launched a £1.87bn hostile takeover bid for Dana Petroleum, a figure likely to tempt the Aberdeen-based group's largest shareholder Schroders.

Schroders' Richard Buxton remains bullish on the long-term earnings potential in the banking sector after the UK's big-four reported strong profits last week.

Schroders, the largest shareholder in Dana Petroleum, has urged the oil group to consider a £1.7bn possible offer from the Korea National Oil Company.

Online grocer Ocado has been forced to cut its IPO price range after failing to place shares at the bottom of its 200p to 275p original offer price.

Schroders' head of UK equities Richard Buxton has completely sold out of Tesco in his £1.9bn UK Alpha Plus fund after seven years holding the stock, replacing the retailer with a mining IPO.