Why a red tape bonfire won’t help fintech: The FCA’s Christopher Woolard talks to City A.M. about regulation testing March 20, 2017 Regulation arguably doesn’t have the best reputation in the cutting-edge tech sector. Critics slam red tape for stifling creativity, while the regulators themselves get stick for failing to keep pace with ever-changing markets. This contempt creates dilemmas in the field of fintech, an industry which melds the fast-paced world of technology with the highly-regulated field [...]
Taxman levies inheritance tax on £5.8bn of shares March 19, 2017 Half of all inherited shares were subject to inheritance tax (IHT) according the latest figures, prompting calls for people to manage their personal finances more efficiently. Around £5.8bn of the £11.7bn of securities passed down were subject to IHT, according to data prepared by HM Revenue & Customs. Read more: How the taxman benefits from the large growth [...]
GKN considers debt raise in order to manage £2bn pension shortfall March 19, 2017 Engineering group GKN is preparing to go to debt markets to raise £200m in an attempt to placate the trustees of its pension scheme, according to reports. The FTSE 100 group is in the middle of a three-yearly review of its pension scheme with 2016 accounting valuations revealing its deficit had swelled by £475m over the last 12 months to [...]
The Mitie short: Hedge funds including Marshall Wace and Old Mutual bet on more share price falls at outsourcing group March 19, 2017 | Sponsored Hedge funds are anticipating further falls in the share price of troubled outsourcing firm Mitie. Marshall Wace, Old Mutual and Henderson Global Investors are among the investors to have disclosed short positions on the company. Read more: Mitie flogs its healthcare business for just £2 Markit data, reported on by the Sunday Times, shows the [...]
How inflation helps ‘value investing’ March 17, 2017 ‘Value investing’ has been resurgent since last summer, as explained here. Inflation can help this type of investing. Kevin Murphy, an author on The Value Perspective blog, explains why. At the very end of last year, in our post Three important investment lessons to take from 2016, we noted in passing that President Trump’s intention to [...]
Is Denver the best place to live and work in America? March 17, 2017 | City Talk The Schroders Global Cities Index ranks the fastest growing urban economies in the world. We write about our favourite cities on the Global Cities Blog. With its close proximity to the Rocky mountains, a rich cultural scene and growing population, we explain Denver's popularity and what that means for global real estate investors. Sitting at [...]
The future of TV: Is it just the walking dead? March 17, 2017 | City Talk In 2014, Netflix CEO & Founder, Reed Hasting, prophesied that “linear” – or traditional broadcast – TV would be dead within 15 years. As the company has grown, so too has the belief that his prediction will come true. However, while the future of broadcast television looks very different, we don’t think TV is finished just [...]
This stock market index rose 289% but could still be good value March 17, 2017 | City Talk Over time, smaller company shares have outperformed larger ones, research shows. The FTSE Small Cap index has risen 289% since its nadir in February 2009, compared with a 158% rise for the FTSE 100. Because of their size, “small caps” have the potential to grow more quickly. The quicker a company can grow its earnings in a [...]
A creative workplace is about more than having a foosball table March 17, 2017 Getting creative in the workplace is about more than just placing a foosball table in your break-out area, scattering around some multi-coloured bean bags and cracking open the requisite prosecco on a Friday. Creativity is a mind-set. It can’t be turned on and off at the flick of a switch, and so many organisations’ [...]
Why does inflation tend to be good news for value investing? March 17, 2017 ‘Value investing’ has been resurgent since last summer, as explained here. Inflation can help this type of investing. Kevin Murphy, an author onThe Value Perspective blog, explains why. At the very end of last year, in our post Three important investment lessons to take from 2016, we noted in passing that President Trump’s intention to [...]
