The Notre Dame tragedy shows how much we value art and culture – we must protect other monuments April 18, 2019 The medieval cathedral of Notre Dame is the most visited monument in Europe, welcoming 14m visitors each year. The Gothic building has stood as one of France’s most famous landmarks for 850 years. And yet in a matter of hours, a fire wrought terrible damage to Notre Dame, causing the iconic spire and roof to [...]
Mike Ashley among Debenhams shareholders wiped out April 18, 2019 | City Talk By Graeme Evans from interactive investor. One of the most intriguing City soap operas is over for investors as lenders seize control of Debenhams. The fight for survival at Debenhams (LSE:DEB) stores goes on, but for investors the suspension of shares signalled the final act in a grim 13 years of stock market trading. The [...]
Peer-to-peer lender Funding Circle’s loans under management soar to record highs April 18, 2019 Peer-to-peer lending platform Funding Circle saw loans under management soar to record highs in the first three months of this year, the firm announced today. Loans under management grew 44 per cent to £3.4bn compared to £2.3bn in the first quarter of the previous year, and revenue growth soared by 40 per cent. Read more: [...]
ii winter portfolios extend outperformance in March April 17, 2019 | City Talk There are fewer star performers in this year's Aggressive Winter Portfolio – that was until March when no less than three of the five constituents each gained around 8%. Ignore Mark Twain and Benjamin Disraeli, statistics demonstrate that some stocks do far better during the winter months than others. And the stats are backed up [...]
DEBATE: Does Alibaba boss Jack Ma deserve the criticism for backing the ‘996’ working week? April 17, 2019 Does Alibaba boss Jack Ma deserve the criticism for backing the ‘996’ working week? Becci Gould, associate director at Kin&Co, says YES. I would challenge Jack Ma’s backing of working from 9am to 9pm, six days a week, not just from a mental health standpoint, but also from a business performance perspective. According to the [...]
The fault in default funds: Why you might not be getting the most out of your workplace pension scheme April 17, 2019 There is no denying that auto-enrolment is paving the way for the British population to have a half-decent savings pot in retirement. According to recent figures from the Office for National Statistics, 76 per cent of UK employees were members of a workplace pension scheme in 2018, up slightly from the 73 per cent enrolled [...]
Women risk ‘financial meltdown’ over individual pension rights, says report April 17, 2019 Women across the age spectrum are at risk of getting into “severe financial difficulty” if they break up with their partner, because of a lack of control over their pension, according to research. Read more: UK employment hits record high as wages grow again In a Yougov poll, significant numbers of younger women said they [...]
Asset management firms urged to increase stewardship efforts April 16, 2019 Asset management firms have been urged to increase the level of engagement and guidance with the firms they invest in. Institutional investors only have “one-hand” on the wheel in regards to stewardship, advisory firm Willis Towers Watson warned in a report published today. Read more: Tatton Asset Management shares plummet as consulting arm under pressure The [...]
Tatton Asset Management shares plummet as consulting arm under pressure April 16, 2019 Shares in Tatton Asset Management fell 12 per cent this morning despite increasing assets and inflows as the firm reported that its consulting arm faced downward pressure on revenue. Assets under management soared 24.5 per cent to £6.1bn in the financial year, growing seven per cent in the six months to the end of March [...]
City of London Investment Group boosts funds by 14 per cent April 16, 2019 City of London Investment Group announced that funds under management jumped 14 per cent in the first quarter of 2019 to £4.1bn. The group reported funds under management of £4.1bn, an increase from the £3.6bn recorded at the end of last year. Read more: Emerging markets shake City of London Investment profits The asset management [...]
