Gam investment director investigation sparked by whistleblower September 25, 2018 An investigation into former Gam Investments director Tim Haywood was sparked by concerns raised by a whistleblower. The Zurich-headquartered asset management firm launched an internal probe into Haywood's conduct in November last year, however the whistleblower went on to contact the Financial Conduct Authority four months later. Read more: Gam shares slide after Credit Suisse slash price target Haywood, [...]
Help Investors Cut to the Best Ventures September 25, 2018 In the ever-growing blockchain innovation space, there is a lot of noise that ICOs and other new ventures need to cut through, to get noticed by investors and users. This is mission critical. Even the best, most innovative, most promising, have to contend with a marketplace where the waters have been muddied by propaganda, some [...]
Tokenization: It isn’t New…but it is the Future September 25, 2018 As the Crypto winter maintains its steady grip on token prices and the ICO craze of 2017 has all but subsided, for now at least, many are wondering what to make of all these tokens that now float around in cyber space? In this article we look at the emergence of all these tokens in [...]
Mercer slams competition watchdog for data errors in pension fund industry investigation September 25, 2018 A leading player in the pension fund industry has slammed the competition watchdog for using inaccurate data in its probe into the sector. The Competition and Markets Authority (CMA) report released in July found that there was a lack of competition in the investment consultancy which could cause "material customer detriment". The UK chief [...]
Universities and businesses must work together to engineer the recruits of the future September 25, 2018 From investment bankers to artisan bakers, employers are constantly on the lookout for bright young employees who are going to help their organisation thrive. Given the present uncertainty, it is more important than ever that British businesses have access to a robust recruitment pool. The media rhetoric of a growing skills gap suggests that [...]
City Moves for 25 September 2018 – who’s switching jobs at JP Morgan Asset Management, BNP Paribas and ICBC Standard Bank? September 25, 2018 Today’s City Moves cover asset management, banking and metals. Take a look at these movers and shakers: JP Morgan Asset Management JP Morgan Asset Management has appointed Jeremy Cape as an executive director to its global transportation group. Jeremy will be based in the firm’s London office and report to Andrian Dacy, head of global [...]
Why broadening your definition of risk might prove beneficial September 24, 2018 | City Talk Risk. Many financial commentators and industry professionals agree it is one of the most important considerations for any investor. In our review of financial media, we see near-constant coverage of it—particularly the risk of loss. Commentary often dwells on the potential for current events to drive equity market declines, warning risks lurk. We, too, [...]
Nex Exchange to appoint Oliver Hemsley as CEO next year September 24, 2018 The founder of City stockbroker Numis Oliver Hemsley will take over as chief executive of Nex Exchange next year, the challenger stock exchange confirmed today. The investment is set to be completed by the second half of this financial year, and will see current chief executive Patrick Birley step down. Read more: Oliver Hemsley seals £20m deal to [...]
Strictly Come Dancing professionals make a PR misstep in potential pay row dispute September 24, 2018 Glitter balls, sequins, the foxtrot, and the rest… Daaarling! It is that time of the year again as Strictly Come Dancing waltzed back on to our screens on Saturday night. New celebs, new dancers, new routine – same old format. There will be Craig Revel Horwood looking unimpressed, break-ups, make-ups, tears, injuries, tantrums, and [...]
Cobra Beer founder Lord Karan Bilimoria talks curry and craft beer culture September 24, 2018 Britain loves beer. This might not be good for our wallets or our waistlines, but it’s true nonetheless. And perhaps no one knows this truth more than Lord Karan Bilimoria, founder and chairman of Cobra Beer. Cobra (slogan: “impossibly smooth”), has become something of a British institution. Not only can you find it in [...]