It’s official: These are the best and worst Tube lines as ranked by Londoners August 21, 2017 It's the moment you've all been waiting for. YouGov has surveyed 1,651 Londoners who use the London Underground to settle the heated debate of just what takes the title as the capital's best Tube line, and which comes bottom of the rankings. Taking the top spot is the Jubilee Line, with 51 per cent of [...]
Edinburgh Airport signs ground-breaking Beijing partnership amid £80m expansion August 21, 2017 | City Talk Edinburgh Airport has signed a ground-breaking partnership agreement with Beijing Capital International Airport, whilst also beginning work on an £80m expansion. Edinburgh Airport, Scotland’s largest carried 12.3m passengers in 2016 and is on track to surpass that record-breaking year in 2017. Since being sold to infrastructure fund Global Infrastructure Partners in 2012, it has grown [...]
This group of pro-Brexit economists says leaving the EU will add £135bn to economy August 20, 2017 A group of economists who backed Brexit have predicted that leaving Europe could add £135bn a year to Britain’s economy. Economists for Free Trade (EFT), formerly known as Economists for Brexit, calculate that a so-called hard Brexit would lead to a surge in national output worth around £5,000 a year for every household on average. [...]
Initial public offerings: Is there still a pulse? August 18, 2017 | City Talk The decline in the number of public companies across developed markets is well-documented with, for example, the number of public companies in the United States declining by nearly half since 1996. The picture is qualitatively similar in Europe. For example, Jason Voss, CFA, wrote in a post on Enterprising Investor that equity listings in Europe [...]
The Bank of Mum and Dad: Should you gift or loan? August 17, 2017 Young adults are feeling the pinch. Not only are property prices shockingly high, but student debt and stagnant wages are putting a strain on savings, making it difficult for many young people to even fathom the prospect of affording a house. Research from the Resolution Foundation shows that millennials are the first generation ever to [...]
3 formulas to help you ace your next job interview August 16, 2017 | City Talk There are three powerful formulas that can help you succeed in a job interview. The ‘CV Queen’ Victoria McLean, founder and CEO of City CV, offered the equations, plus more useful tips for acing job interviews in a recent CFA Institute webinar. If you are interested in reviewing the webinar, you can access an [...]
DAC Group has acquired Edinburgh-based digital marketing specialist Ambergreen August 15, 2017 | City Talk Edinburgh based Ambergreen has joined forces with one of the largest independent digital marketing agencies in North America. When Canadian digital media agency DAC Group was exploring growth opportunities in Europe, Edinburgh-based digital marketing specialist Ambergreen was a natural fit. "DAC is headquartered in Toronto, Canada and has about 400 people across 16 offices,” explains [...]
Seven common mistakes made by day traders August 15, 2017 When it comes to trading, it’s all about the survival of those with the fittest strategies. The rapid pace of buying and selling securities can lead to mistakes which can quickly erase your capital, and if you’re new to the game then it’s crucial that you’re aware of the common errors that many traders [...]
The gender retirement gap: Why women are more likely to fall into poverty in retirement August 14, 2017 | City Talk “The retirement issue is the single largest issue we will be facing in the 21st century.” Diane Garnick told participants at the 2017 CFA Institute Wealth Management Conference in Nashville, Tennessee, USA that “when people do not save for retirement, they are in big trouble.” Advisers must be ready to address these concerns. “The big [...]
Behind the hype: Machine learning in investment management August 11, 2017 | City Talk In a recent article, I discussed some of the significant progress being made in machine learning–enabled artificial intelligence and some of its potential drawbacks as well as the challenges it poses for regulators. Now, I want to bring your attention to a very interesting Barclays report that looks at the deployment of quantitative fund strategies, [...]