Revealed: the most expensive tracker funds September 13, 2018 | City Talk Passive investments have been growing in popularity in recent years. In contrast to ‘active’ funds that employ fund managers to try and select the best performing investments, passive investments or ‘trackers’ simply aim to replicate the performance of an index, say, the FTSE 100, usually by holding all or most of the constituents. Investors are [...]
British Airways pension scheme strikes landmark £4.4bn deal with L&G September 13, 2018 British Airways (BA) has this morning struck a bumper deal to insure £4.4bn worth of pension liabilities in its Airways Pension Scheme (APS). Insurer Legal & General will cover the enormous pension buy-in, which represents the largest ever so called bulk annuity transfer with a UK pension scheme. The contract will see L&G agree to [...]
British Airways pension scheme strikes landmark £4.4bn deal with L&G September 13, 2018 British Airways (BA) has this morning struck a bumper deal to insure £4.4bn worth of pension liabilities in its Airways Pension Scheme (APS). Insurer Legal & General will cover the enormous pension buy-in, which represents the largest ever so called bulk annuity transfer with a UK pension scheme. The contract will see L&G agree to [...]
We speak to the head of Zopa about the FCA’s credit clampdown and how to survive another financial crisis September 13, 2018 In the grand scheme of financial services, the peer-to-peer lending industry is young. With the sector now in its early teens, it’s this immaturity that often seems to spark questions about resilience, particularly how peer-to-peer companies would cope during another economic downturn. Those in defence of the industry tend to use Zopa as an example: a [...]
We speak to the head of Zopa about the FCA’s credit clampdown and how to survive another financial crisis September 13, 2018 In the grand scheme of financial services, the peer-to-peer lending industry is young. With the sector now in its early teens, it’s this immaturity that often seems to spark questions about resilience, particularly how peer-to-peer companies would cope during another economic downturn. Those in defence of the industry tend to use Zopa as an example: a [...]
Carlyle Group to buy insurance service Sedgwick for £5.1bn September 12, 2018 Private equity firm The Carlyle Group has acquired US insurance claims service provider Sedgwick for $6.7bn (£5.1bn). Current majority shareholder KKR will exit the group and Stone Point Capital, CDPQ and Sedgwick management will remain minority shareholders when the deal coses later this year. Read more: Plastic packaging giant RPC confirms buyout talks with Apollo and Bain [...]
Carlyle Group to buy insurance service Sedgwick for £5.1bn September 12, 2018 Private equity firm The Carlyle Group has acquired US insurance claims service provider Sedgwick for $6.7bn (£5.1bn). Current majority shareholder KKR will exit the group and Stone Point Capital, CDPQ and Sedgwick management will remain minority shareholders when the deal coses later this year. Read more: Plastic packaging giant RPC confirms buyout talks with Apollo and Bain [...]
Get the picture: The future of art is becoming transparent September 12, 2018 “Damien Hirst should run Lehman Brothers,” quipped an art collector after the artist’s outstanding auction the day after the investment bank’s collapse in September 2008. While the famed artist may have faded from the news, the art market has proliferated for most of the decade since. In these 10 years, those wanting to collect art, participate [...]
It’s time to make rent count when assessing creditworthiness September 12, 2018 Have you ever wondered if your credit report reflects your rental history? Given over half of people living in London rent their home, it might surprise you to learn that no matter how good you are at paying your rent on time, this isn’t necessarily reflected in your credit report. Why does this matter? Your [...]
NEX Exchange Profile – Chapel Down Group PLC September 12, 2018 | Sponsored Frazer Thompson heads up the UK’s most successful wine producer- the Chapel Down Group, which is quoted on NEX Exchange. Aside from a multitude of accolades and awards for its wines, the company really came to the notice of the general public in 2011, when Chapel Down was widely reported to have been served at [...]