How to stand out by building a client-oriented culture May 30, 2017 | City Talk What do you need to do to survive in the wealth management industry today? Two words: Differentiate yourself. That was the message delivered by Isaac Presley, CFA, Blair duQuesnay, CFA, and John T. Elmes II, CFA, during a discussion on building a client-oriented culture at the 70th CFA Institute Annual Conference in Philadelphia. It was [...]
Editor’s Notes: Tory immigration policy will harm the City and our economy, Corbyn’s deleted Chavez past and City AM founders included in Change Makers series May 26, 2017 Back when George Osborne was chancellor and Theresa May was home secretary, the pair would argue over the wisdom of seeking dramatic reductions in net migration. May was obsessed with the idea, and clearly still is, whereas Osborne was instinctively more comfortable with the view that immigration was nothing to worry about and the benefits [...]
Ireland: a perfect partner for AI development May 25, 2017 | City Talk China is emerging as a global powerhouse for artificial intelligence (AI) and Ireland offers an ideal location for Chinese companies to extend their international reach in this critically important space. China’s growing pre-eminence in this area is in line with the “One Belt One Road” initiative announced by President Xi Jinping in 2013 and the [...]
How frequently should you change roles while building a career? May 25, 2017 | City Talk With expectations for average working years extending from 30 to 50 and beyond, we have to be comfortable with sweeping career changes. This is not just due to evolving external factors, but also because our interests, values, and search for meaning will evolve over the span of our working lives. These were among the key [...]
What is the Internet of Things that we keep hearing about? May 23, 2017 | City Talk What do connected cars, smart cities, automated shipping ports and networked home devices have in common? All of them rely on a technology that’s become known as the Internet of Things. The Internet of Things grew out of a trend towards automating industrial processes. Previously, a person with a clipboard would need to walk around [...]
Here’s just how much of an impact long commutes have on health and productivity May 22, 2017 You may have suspected it, now a comprehensive study has confirmed it: long commutes are bad for people's health and productivity. A study of more than 34,000 workers across all UK industries, developed by VitalityHealth, the University of Cambridge, RAND Europe and Mercer, examined the impact of commuting, along with flexible and homeworking, on employee [...]
UK house prices: The average price of a UK flat has risen by nearly £85,000 since 2009 May 21, 2017 Flat prices in the UK have soared over 50 per cent or nearly £85,000 since 2009, according to data from Halifax. The study found that growth in flat prices has upstaged growth in prices for other property types (39 per cent) in the last seven years. The average price of a UK flat has increased [...]
Sale is in The Works for stationery retailer at private equity group Endless May 21, 2017 The Works, a discount stationery and books retailer owned by turnaround private equity firm Endless, is readying to be sold or floated next year. Endless has enlisted the help of bank Investec to begin preparing a sale or listing, the Sunday Times reported. Read more: Why 3i is taking a step back from the UK [...]
It’s still cheaper to rent than buy a house in these UK cities May 18, 2017 So-called Generation Rent may complain bitterly about being forced to pay sky-high living costs, but a new study has found in many UK cities, it's actually cheaper to rent than it is to buy a home. The study, by Zoopla, found the average monthly rental cost in many of the UK's largest metropolitan hubs is [...]
What’s new for MiFID II? May 18, 2017 | City Talk With the start date for Markets in Financial Instruments Directive (MiFID II) fast approaching in January 2018, a renewed focus on implementation is gripping investment firms and market participants. Of particular interest are the issues relating to dark pools and high-frequency trading (HFT), topics on which CFA Institute has written before (see Takeaways on Best [...]