High yield stands out as last pocket of return as bond markets make losses this year August 19, 2015 Nearly all bond sectors are in the red this year. With losses across the sector, high yield is standing out as the last area of decent return, according to experts. BOND MARKET LOSSES Four out of six Investment Association bond sectors have made losses in sterling terms this year, including global and emerging market [...]
Is Trader Vic’s the worst restaurant in the world? August 19, 2015 TRADER VIC’SHilton Park Lane, 22 Park Lane, W1K 1BETel: 020 7208 4113FOOD ★☆☆☆☆VALUE ★☆☆☆☆ATMOSPHERE ★☆☆☆☆Cost for two with booze (but no dessert): £126.50 OK, let’s get this out of the way: Trader Vic’s is awful. Terrible food served in a rudderless, soulless venue for prices that should make you weep bitter tears of despair. Pound-for-pound [...]
Coe and Bubka face D-day in fight for international athletics hotseat August 19, 2015 BRITAIN’S Lord Coe was due to find out on Wednesday morning whether his bid for the most powerful position in world athletics has been successful. Coe, who following a successful track career of his own led efforts to attract and then stage the London 2012 Olympics, has been vying with Ukrainian former pole vaulter Sergei [...]
In defence of metric-driven management August 19, 2015 Workers are willing to share data, but trust is paramount Before last weekend, the culture at Amazon was associated with break-out spaces and day-care for dogs. But a New York Times article has slammed its “bruising” regime, underpinned by “purposeful Darwinism”. The controversy centres on the data-driven approach to Amazon’s staff management, and its use [...]
Not all about Woodford: The best UK fund managers for your portfolio August 19, 2015 The UK economy is back to good health, so savers will want to be investing in the best British companies that can benefit from a thriving economy. We ask the experts for their favourite investment funds. NEIL WOODFORD Consistently topping lists of the most popular funds investing in the UK is the CF Woodford UK [...]
Join the house party at the decadent Dolls House in Islington August 18, 2015 If you were decorating a doll's house, wouldn't you want to stamp your style on it? That's just what Adam Towner and Katy Gray Rosewarne, the owners of the full-size Dolls House in Islington, have done. Prepare yourself for whimsical interiors, complete with hand-illustrated walls, buttoned banquettes and ranks of glass decanters. So much [...]
How successful people spend their holiday August 18, 2015 Neglect planning at your peril That's my lesson for taking a vacation: vacation will kill you,” surmises Tesla founder Elon Musk in a recent biography, having contracted a severe bout of malaria following a holiday in Africa in 2000. Indeed, the most successful business leaders don’t necessarily have the most successful holidays; last year, [...]
Sun Tzu and the art of currency war – CNBC Comment August 18, 2015 WITH talk of currency wars gathering steam, aided by the Chinese government’s devaluation of the yuan last week, it’s difficult to know which ancient Chinese philosopher to turn to. Sun Tzu’s words from The Art of War – “the supreme art of war is to subdue the enemy without fighting” – may come to mind. [...]
China’s weakened yuan: From deflation to US equities, the effects are set to ripple out across the world August 18, 2015 One week on and investors are still digesting the impact of China’s sudden currency devaluation. Last week the People’s Bank of China (PBOC) dropped the daily reference rate it sets for the yuan by 1.9 per cent, and committed to taking the market’s views into account when setting the currency’s value in future. Consensus [...]
Plunging oil pushes back the all-important first Fed hike – etoro Tips & Picks August 17, 2015 OIL prices dipped further in the Asian session overnight yesterday, with US crude trading around $42 a barrel. A report from some investment banks has argued that we could well see oil trading lower still from these levels. A lot of technical traders point to the fact that we could be looking towards $35 per [...]