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Esports Gaming League taps ‘Series A’ Funding, pre-money value GBP5.5m 

Esports Gaming League taps ‘Series A’ Funding, pre-money value GBP5.5m 

By Roger Aitken – With eSports revenues projected to reach USD1.8 billion worldwide by 2022 and seeing a robust CAGR of 22.3 per cent, the Esports Gaming League (EGL), an agency providing a platform for gamers to enter tournaments across multiple games on a global basis, has launched a ‘Series A’ funding valuing the business at around GBP5.5 million (cUSD6.7 million) on a ‘pre-money’ basis.
 

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Global ETF launches 28.05-04.06.20

Global ETF launches 28.05-04.06.20

In a bumper week for new ETF launches, Legg Mason entered the brave new world of the semi-transparent ETF with the launch of the ClearBridge Focus Value ETF (CFCV), a series of the firm’s ActiveShares ETF Trust, on the Chicago Board Options Exchange (Cboe). Staying with active fund launches, Fidelity launched a family of three ESG funds, while TDAM added five new equity ETFs on the Toronto Stock Exchange, and Hamilton ETFs debuted the Hamilton Financials Innovation, also on the TSX.

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Financial services sector can help consumers in the aftermath of Covid-19, Baroness Morgan tells PIMFA’s Virtual Fest

Financial services sector can help consumers in the aftermath of Covid-19, Baroness Morgan tells PIMFA’s Virtual Fest

The current Covid-19 crisis provides the financial services sector with an opportunity to respond to the needs of consumers, provide them with the help and support they will need in the coming months and help them stay safe from scams, Baroness Morgan of Cotes told delegates at PIMFA’s inaugural Virtual Fest on Wednesday (3 June).