What role does the state play in corporate governance? April 29, 2019 | City Talk What do the recent corporate governance scandals involving the Italian oil company Eni, the Franco-Japanese auto alliance Renault-Nissan-Mitsubishi, and the Canadian construction giant SNC-Lavalin all have in common? They each have a surprising culprit lurking behind them: the state. While corporate governance is intended to describe a system by which firms protect shareholder and stakeholder [...]
Unilever: Why there’s lots to like about this FTSE 100 star April 25, 2019 | City Talk By Graeme Evans from interactive investor. These first quarter numbers have been well received, and this market favourite still has lots to go for. Unilever (LSE:ULVR) shares surged to within a few pence of a record high last week as first-quarter trading figures heightened focus on whether this defensive and reliable dividend payer can offer [...]
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 [...]
Investors fear Turkey’s recession could be a contagion risk to emerging market economies – but they have nothing to to worry about April 16, 2019 Recent local elections in Turkey saw opposition parties gain control of the country’s economic engines, such as the capital Ankara, while no clear winner emerged in Istanbul, Turkey’s most populous city. This only reiterated the state of Turkey’s current economy – the country is experiencing its first recession in a decade. Last summer’s currency crisis, [...]
China’s mobile brands have global ambitions – this will have a big impact on the digital marketing ecosystem April 12, 2019 With the world’s online mobile population growing day by day, and a home market dominated by giants such as Tencent, Baidu, and Alibaba, Chinese app developers are increasingly looking to market their apps abroad. I have seen first-hand this shift from a focus on the domestic market to a much more global viewpoint. And I [...]
Cabinet Brexiter Penny Mordaunt: We must not get locked into European elections April 7, 2019 AS ONE of the cabinet’s Brexiters, eyes have been on Penny Mordaunt in recent weeks to see if she would walk away from the top team as Theresa May seemingly edges closer to a softer break from the EU. Speaking exclusively to City A.M., the international development secretary argues a long delay to Brexit would be [...]
Are emerging markets really worth the risk? April 2, 2019 At a time when the US Federal Reserve has well and truly capitulated on its hiking path, some emerging markets are not showing signs of relief. Against the dollar, Argentina’s peso is close to an all-time low, the Turkish Lira is teetering near a year-to-date low, and the South African rand is creeping back to [...]
European M&A value hits six-year low driven by fall in UK deals March 8, 2019 European merger and acquisition values have hit a six-year low in 2019 so far driven by Brexit-related uncertainty among foreign investors. M&A deals in Europe have reached $81.1bn in the year to date, down 60 per cent on the previous year to levels not seen since 2013, according to analysis from Refinitiv. Read more: M&A [...]
Three reasons why investors should consider the UK stock market March 6, 2019 | City Talk By Tom Bailey from interactive investor. UK shares are now at their 'cheapest' since the First World War, says JPMorgan fund manager. It's no secret that the UK market is out of favour right now, and has been since the EU referendum in mid 2016. Fearing the still-to-be-decided outcome of Brexit and the potential for [...]
Should investors be more concerned about China’s slowdown? February 18, 2019 The rise of China has been astonishing and its growing influence on the world is one of the economic forces discussed in our inescapable investment truths for the decade ahead. But economies don’t grow in a straight line. China is facing a transition period. It is a country we monitor closely and we believe its [...]