Gresham House launches a platform for pension funds that want to make an impact February 21, 2017 Mammoth pension funds are to be able to invest into smaller, socially responsible projects through a new platform announced today. The initiative has been created by AIM-quoted investment house Gresham House and has attracted cornerstone interest from Berkshire's local government pension fund, alongside a 20 per cent shareholding the fund has agreed to take in Gresham House itself. Larger pension funds [...]
Three questions to ask on a profit warning – your reporting season survival guide February 21, 2017 | City Talk If you’ve ever felt there was more financial and business news around at this time of year than any other but weren’t sure why, the reason is something known as ‘reporting season’. All UK companies are required by law to publish their annual report and accounts within three months of their financial year-end and [...]
Survive the age of robots with lifetime soft skills learning February 21, 2017 Never has the attention of global leaders and business titans been more focused on the importance of employee training as a facilitator for positive change. Theresa May’s industrial strategy encouraged employers to “explore ambitious new approaches to encouraging lifelong learning”, aiming to boost the amount of time and resources dedicated to career development and advancement. [...]
Coup de grace: Are investors misjudging Marine Le Pen’s chances of victory in France’s presidential election? February 21, 2017 "Fool me twice, shame on me,” goes the idiom. Caught out by shock victories for the Leave and Trump campaigns in 2016, investors are determined not to let political risk get the better of them a third time as the French presidential election approaches this spring. Since the beginning of the year, French government bonds [...]
City Moves for 21 February 2017 – who’s switching jobs? February 21, 2017 Today's City Moves cover financial restructuring, investment management and the tech sector. Take a look at these movers and shakers: Eversheds Sutherland Eversheds Sutherland (International) has appointed Carl Allen to its finance and restructuring team in London. Carl joins the firm from Pinsent Masons and will be based in Eversheds Sutherland’s London office. He specialises [...]
The government is still failing to tackle the gender pay gap, says cross-party group of MPs February 21, 2017 The government won't achieve its target of eliminating the gender pay gap in a generation if it continues to "ignore the evidence put before it", a cross-party group of MPs has warned today. Publishing the government's response to recommendations made by the Women and Equalities Committee, the MPs raised concerns the government isn't tackling the "structural [...]
UK opportunities for women in the workplace have rapidly improved but gender pay gap won’t close until 2041, says PwC February 21, 2017 The UK has considerably improved its performance in providing opportunities for women in the workplace, but it will still take until 2041 to close the gender pay gap in the UK. That's according to PwC's Women in Work index, which measures levels of female economic empowerment across 33 OECD countries based on five indicators. It said [...]
Asset managers await City watchdog’s final industry report after closing comments on interim recommendations February 20, 2017 The City watchdog today closed the consultation on its interim asset management market study report and will release its final recommendations in the second quarter of this year. The Financial Conduct Authority (FCA) published its interim report in November, criticising weak price competition, transparency issues, conflicts of interests and sustained profitability of asset management companies. Read [...]
Netflix and Hills: how streaming services are moving in on Hollywood real estate February 20, 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 Netflix having just committed to an office spanning 25 acres in Hollywood, we explain why we like LA. Sitting at number six in the Global Cities Index, we rate Los [...]
The 10 worst CV crimes, ranked in order of gravity February 20, 2017 Your CV is the first place the majority of recruiters and hiring managers learn of your existence – but it turns out many people still commit heinous crimes on their resumes. Now research by job site CV-Library has identified the worst mistakes putting recruiters off CVs. Not surprisingly, the gravest CV error is spelling mistakes, which [...]
