Room for optimism for those with experience on their CVs February 15, 2012 Candidates with fixed income and emerging market debt expertise are best placed to negotiate increasingly favourable terms with prospective employers GROWTH in the Bric countries, Asian and Middle Eastern markets took centre stage in 2011, meaning the biggest challenge for funds was recruiting individuals with a track record in exploiting this space. Candidates with the [...]
The skills chief executives really want February 15, 2012 RECENT research covering the opinions of 280 chief executives from over 21 countries launched by CIMA (Chartered Institute of Management Accountants) and the AICPA (American Institute of Certified Public Accountants) highlights how in this time of flux, when business is being disrupted by globalisation, innovation and the fallout from the global financial crisis, employers are [...]
JOBS of the WEEK February 15, 2012 IN ASSOCIATION WITH Marks Sattin Specialist Financial Recruitment Programme Manager Market Risk Infrastructure £100,000 This is a leading programme that brings together accountability for the design, management and delivery of strategic transformation programmes. Your role will be to ensure delivery of complex large scale projects or programmes and changes by leading project managers through the [...]
Rules shakeup is set to level up the playing field for funds February 15, 2012 OVER the last decade, investment trusts have outperformed open-ended funds in most regional sectors and benchmarks, with unit trusts underperforming across the board (see examples, above left). But despite this, many have been shepherded towards open-ended funds with some independent financial advisers (IFA) perhaps lured by attractive commissions. But according to Alan Brierley a director [...]
Wall St steady as shopping stats flat February 14, 2012 US stocks erased losses to end little changed yesterday after a Greek government source said the conservative party leader was expected to deliver a letter of commitment to the country’s international lenders. And US retail sales fell short of forrecasts, rising 0.4 per centin January. A sign of Greece’s commitment to the tough austerity measures [...]
Disappointing data dents the recent strength in the FTSE February 14, 2012 BRITAIN’S top shares went into retreat yesterday after disappointing US retail sales data raised concern over the strength of the economic recovery, prompting a move out of banks and miners into more defensive sectors. A 0.4 per cent rise in retail sales fell short of the 0.7 per cent increase expected by economists polled by [...]
No Valentine’s Day love for Euro sovereign debt February 14, 2012 THE move made by Moody’s this week to downgrade a number of Eurozone sovereigns, as well as putting the UK and France on the naughty step, caused more of a political fall-out than any real effect on the markets. Politicians squabbled like teenagers as to whose economic policies were the object of Moody’s affections, but [...]
CABLE RALLIES DESPITE JUMP IN QE NUMBER February 14, 2012 THE Bank of England (BoE) voted on 9 February to maintain its reserve rate at 0.5 per cent and to increase the size of its asset purchase program by £50bn to a total of £325bn. This increase reflects concern that slower 2011 growth and a 0.2 per cent fourth quarter contraction of GDP raises the [...]
One sponsor is helping everybody else onto the Olympic springboard February 14, 2012 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES 163 DAYS TO GO CBS Outdoor’s UK head explains why it is the official outdoor advertising services provider for 2012 Q. WHAT WAS YOUR BRAND’S PRIMARY REASON FOR BEING INVOLVED WITH THE GAMES? A. CBS Outdoor felt very heavily involved in the pitch for London 2012. We worked [...]
FTSE breaks through 5,900 mark on Greek bailout deal February 13, 2012 BRITAIN’S leading shares index closed higher yesterday, led by commodity and financial stocks, after Greece moved a step closer to securing an international bailout and avoiding a messy default. At the close, the FTSE 100 index was up 53.31 points, or 0.9 per cent, at 5,905.70, in volume just 70 per cent of the 90-day [...]