The market for fine wine crashed last year, leaving many burnt fingers in what was the biggest downturn for what is always a speculative field.
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Ben Chu: It is Nat Rothschild's investors in Bumi who are the truly unlucky ones
Friday 10 May 2013
Outlook Poor Nat Rothschild. The financier with the storied surname laments in an interview with Bloomberg that he was "unlucky" ever to have got involved with the Indonesian coal-miner Bumi and its owners, the Bakrie family.
Bumi shares halted while auditor examines figures
Monday 22 April 2013
The Bumi saga took another twist today as the coal miner set up by financier Nat Rothschild broadened an internal review into its key Berau subsidiary – forcing the suspension of its shares.
RIT Capital's net asset value hits record high
Tuesday 16 April 2013
The City veteran Lord Rothschild continues to produce the goods at his investment trust RIT Capital Partners.
Ten 'perfect' wines, but is 2010 vintage for investors?
Saturday 09 March 2013
Robert Parker, the US doyen of drinks critics, has spoken and the world of fine wine investors has listened. His latest pronouncements on the 2010 vintage of wines shows them to be of a great quality.
Surge in RIT's asset value proves Rothschild right
Friday 08 March 2013
The City grandee Lord Rothschild called it right last year when he took his investment trust RIT Capital Partners back into shares in a big way.
Nat Rothschild vows to fight on after losing Bumi battle
Thursday 21 February 2013
Financier also promises more cash shell ventures despite troubles with mining
James Moore: Bumi's a sorry mess but Rothschild fights again
Thursday 21 February 2013
Outlook The defeat at Bumi probably represents Nat Rothschild's Gettysburg moment. The American Civil War did not end following that actually rather indecisive battle, but the writing was on the wall.
Bumi showdown set for a climax as shareholders vote
Wednesday 20 February 2013
The greatest corporate showdown in recent times is set to reach a climax today as financier Nat Rothschild seeks to oust almost all the board of Bumi, the Indonesian coal miner he co-founded.
Editorial: Bumi is the canary in the City's coalmine
Tuesday 19 February 2013
Bumi shares leap on sale of Rosan Roeslani's pivotal 10% stake
Tuesday 19 February 2013
Shares in beleaguered Indonesian coalminer Bumi jumped by nearly 5% yesterday after major investor Rosan Roeslani sold his pivotal 10% stake in the group ahead of a crucial vote on Thursday.
Bumi digs in despite the feuding and hits targets
Tuesday 12 February 2013
The bitter feud between Bumi’s co-founders hasn’t affected the coal miner’s performance, as the firm today announced it had met 2012 production targets and cut quarterly costs.
Return ‘flawed’ shares bonus, Bumi tells Nat Rothschild
Monday 04 February 2013
Nat Rothschild was today called on to surrender his shares in Indonesian miner Bumi as the financier stepped up his battle to oust the Bakrie family and their supporters from the group’s board.
Bumi sets vote date on bid to oust directors
Tuesday 29 January 2013
Bumi today said it will vote on Nat Rothschild’s proposals to oust the majority of the board at an extraordinary general meeting on February 21.
Nat Rothschild is pitted in new battle over Bumi coal director
Tuesday 29 January 2013
Nat Rothschild escalated his battle with Bumi's board yesterday, dismissing their plans for a radical shake-up of the Indonesian coal miner he co-founded – before they had even been announced.
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