Pensions watchdog drops investigation into publishing giant Johnston Press March 11, 2019 The pensions watchdog has dropped its investigation into the sale of newspaper publisher Johnston Press. The Pensions Regulator (TPR) probe was launched in November after the publishing giant, which owned the I newspaper, The Scotsman and the Yorkshire Post, was sold to JPI Media out of “pre-pack” administration. Read more: Johnston Press administrator warns of [...]
River and Mercantile ‘focused on conduct’ following City watchdog investigation March 11, 2019 River and Mercantile has said it will focus on conduct as it moves to reassure investors in the wake of an investigation by the City watchdog. The Financial Conduct Authority fined the asset management firm £109,000 last month after it was found to have broken competition law, and former portfolio manager Philip Rodrigs was sacked [...]
Investors increase alternative asset portfolios due to market volatility March 11, 2019 Investors are increasing the percentage of their portfolios dedicated to alternative assets as volatility hits mainstream markets. One in four private investors have 20 per cent or more of their overall portfolio allocated to alternative assets such as private equity, infrastructure and real estate, according to research by Connection Capital. Read more: Ares Management injects [...]
This investment clock says what assets to buy and when March 11, 2019 | City Talk By Tom Bailey from interactive investor. It’s inevitable that the unremitting global economic cycle will impact stock markets, but when? The economist Paul Samuelson once joked that the stock market has predicted nine of the past seven recessions. But while the over-reactive nature of equity market investors and their poor predictive powers ring true, there [...]
AI’s success story still has a few missing chapters March 11, 2019 This article is not written by robots – we promise – but apparently the day when they could be is already upon us. We have just finished reading about the GPT-2 text generator which, according to this Spectator piece, “not only does text analysis and augmentation, but generates highly sophisticated content”. “It can effectively write articles,” [...]
Kylie Jenner is the world’s youngest self-made billionaire. Don’t let success like that suck away your ambition March 11, 2019 Like it or hate it, Kylie Jenner has become the world’s youngest self-made billionaire. However, at just 21, some are already wondering whether she’s reached the peak of her career. From Macaulay Culkin to Lindsay Lohan, early fame and privilege can mean a quick end to a successful career. Could it be that getting everything [...]
Anabel Kingsley on taking on her late father’s celeb-loved hair business March 11, 2019 When I arrive at the address, I have to double-check that I’m at the right place. The Philip Kingsley clinic in Mayfair is pretty inconspicuous – from the outside, it’s just an ordinary Victorian terraced house. But this is part of its charm, and probably ideal for the privacy of the clinic’s celebrity customers. The [...]
Futuristic entrepreneurs are helping us reach for the stars March 11, 2019 Houston, there is no problem. America is back in the space race. “We’re really at the forefront,” says US President Trump. “Nobody is doing what we’re doing.” He’s right. But in a break with tradition, the US is now leaning on its entrepreneurs, rather than the Federal Reserve, to fund its interplanetary aspirations. The latest [...]
Revolut fights back: Nik Storonsky on negative press, growing pains and what’s next March 11, 2019 Revolut has endured a torrid start to 2019. Drawing the City watchdog’s attention after causing concerns by temporarily shutting down its sanctions screening system last year, the fintech starlet was revealed to have lost its finance chief, and drew further negative publicity when a customer complained of a bungled £70,000 payment. Its woes were compounded [...]
Weight Watchers lost a few pounds with name change to WW. What should it do next? March 10, 2019 WW – the slimmed-down version of the brand formerly known as Weight Watchers – has forecast a 10 per cent drop in its membership over the first quarter of 2019. The “new year, new me” attitude should be attracting new members, but WW’s new identity has failed to tempt consumers. Like a Kim Kardashian weight-loss lollipop, [...]
