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Money

  • UK start-ups need Silicon ambitions

    September 16, 2012

    AMAZON is coming to London’s Tech City. Jeff Bezos’s company will do a lot to help build what many entrepreneurs call an “entrepreneurial ecosystem”. This analogy is a useful one: a self-sustaining system in which entrepreneurs feed off one and other’s talent. Tech City – still primarily based around Old Street’s Silicon Roundabout but theoretically [...]

  • FTSE closes at three-week high as data improves and optimism lifts

    September 13, 2012

    BRITAIN’S benchmark share index rose to a three-week high yesterday, boosted by expectations of stimulus action from the US Federal Reserve, prospects of renewed merger and acquisition activity and a brightening technical picture. After the close of the UK market, the Fed was widely expected to unveil a third round of quantitative easing for the [...]

  • Wall St soars as Fed pledges fresh stimulus

    September 13, 2012

    US stocks and crude oil prices rose and the dollar weakened yesterday as investors bet the Federal Reserve’s fresh dose of monetary stimulus would improve economic growth. The US central bank initiated another aggressive stimulus programme, saying it will buy $40bn of mortgage-backed debt per month until the outlook for jobs improves substantially as long [...]

  • Fears US won’t deliver hit FTSE

    September 12, 2012

    BRITAIN’S top shares retreated yesterday as optimism over a German constitutional court ruling in favour of the Eurozone’s new bailout fund faded, and investors focused on the possibility the US may not come up with eagerly anticipated stimulus. The FTSE 100 ended down 10.11 points, or 0.2 per cent, at 5,782.08, having risen as high [...]

  • Wall St flat as awaits action

    September 12, 2012

    WALL STREET ended little changed yesterday, erasing early gains, as investors turned cautious before a Federal Reserve decision on another round of monetary stimulus to boost the economy. Stocks got a lift early after Germany’s constitutional court approved the new Eurozone rescue fund, which will allow the European Central Bank to buy sovereign bonds in [...]

  • How to decide if a CFA is the right choice for you

    September 12, 2012

    FOR anyone with four years’ experience in the investment industry, there’s a qualification out there that proposes to provide you with the broad-based knowledge and skills you need to succeed in any job in the sector. The chartered financial analyst (CFA) programme certainly has its supporters. Abraham Harris, analyst in global talent management at BlackRock, [...]

  • Treat your career as a professional journey

    September 12, 2012

    AS GRADUATE entrants prepare for their first weeks in the City, some might wonder whether they’ve signed up for a job or a profession. We assume that law and medicine are professions – life-long career choices with strict knowledge requirements, and professional bodies sitting in judgement over the actions of their members. Wrongly, we don’t [...]

  • The CFA in brief

    September 12, 2012

    ■ The chartered financial analyst (CFA) charter is provided by the CFA Institute, a global association of investment professionals. ■ In 2012, the Institute reported that there were 100,925 CFA charterholders globally. ■ The CFA programme is the Institute’s graduate-level course of study. It must be completed before an investment professional can earn the CFA [...]

  • The CFA is forging a rapid path into Asia

    September 12, 2012

    ASIA is rising. Even as economists downgrade Chinese growth prospects, emerging markets (and developed economies) in Asia-Pacific are still racing ahead in the development of their human capital. India and China are famously churning out MBA graduates in record numbers – and increasingly using their own business schools to do so. But in other areas [...]

  • The CFA’s global reach

    September 12, 2012

    ■ There are 137 CFA societies in 59 countries. ■ Over the past three years, enrollment in the CFA programme was up 21 per cent in Asia-Pacific, dwarfing 6 per cent growth in Europe and a 1 per cent rise in the Americas. ■ Since 2007, the number of CFA charterholders in China has more [...]

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