City Moves for 27 March 2014 | Who’s switching jobs March 26, 2014 Hanson Asset Management The asset management firm has announced the appointment of Jonathan Arthur as head of investment management. He was previously head of UK equities at UBS Private Wealth. KPMG The professional services firm has appointed Dan Roman to lead its UK hedge funds practice. He joined the hedge funds tax practice three years ago from EY, [...]
Best of the Brokers for 27 March 2014 March 26, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com ITV UBS has downgraded the broadcaster from “buy” to “neutral” and lowered its target from 230p to 210p. The broker thinks the market is now pricing in ITV’s balance sheet restructuring and pay-TV growth, though the World Cup’s advertising boost could lift the shares. [...]
London Report: FTSE 100 ends flat after Lloyds’ drop weighs index down March 26, 2014 SHARES in Lloyds plunged 4.9 per cent yesterday after the government sold a stake in the lender at a discount to its stock price, and held back the UK’s blue chip equity index. The FTSE 100 index, which at one stage rose as much as 0.6 per cent, ended up by just 0.41 points, flat [...]
New York Report: Wall St hit as tech stocks fall March 26, 2014 US stocks fell yesterday, led by losses in the technology and materials sectors, as geopolitical concerns rose after the US and the EU agreed to work together on tougher sanctions on Russia. Trading remained choppy with US stocks mostly positive in the morning after US economic data pointed to improving conditions. But a sharp fall [...]
How music can boost productivity March 26, 2014 Plug in and watch your work rate come to a crescendo, but don’t fall for the Mozart myth The proliferation of portable music players and streaming sites like Spotify and Grooveshark means more of us are listening to music at work. Not all of us have this luxury, but academics at the University of Sheffield [...]
Letters to the Editor – 27/03 – No green jobs, Cost of government, Best of Twitter March 26, 2014 No green jobs [Re: The green myth: Why renewables destroy jobs, yesterday] Matthew Sinclair’s excellent article, on why investment in costly green energy should never be advertised as creating jobs, merely stated what should be obvious. And yet it has become a political mantra that “green investment” is good for the economy. Politicians need to be [...]
Corporate leadership: What an EMBA can teach you March 26, 2014 Business schools are finding innovative new ways to respond to growing demand for these skills HARVARD Business School professor John Kotter famously wrote in 1990 that “most US corporations today are over-managed and underled”. He stressed the urgent need for organisations to exercise leadership, to seek out people with leadership potential, and to “expose them [...]
How to get employer support for your Executive MBA studies March 26, 2014 It’s a tough time for getting employer support for an Executive MBA (EMBA). In 2013, more than 41 per cent of students were entirely self-funded according to the EMBA Council (up from 34 per cent in 2009), with just 24 per cent now receiving full sponsorship from their employers. And with a higher bar for [...]
Virtual reality is here (almost)… March 26, 2014 Late on Tuesday, Facebook announced their acquisition of virtual reality start-up Oculus VR for $2bn. Here, Alex Dymoke gives the low-down on what many predict is the future of gaming and home entertainment THE HISTORYOculus VR started life in 2011 in the Californian garage belonging to the parents of 19-year-old virtual reality enthusiast and self-taught [...]
As Candy Crush developer King is valued at $6bn, we select the top five British developers making waves in mobile gaming March 26, 2014 Neonplay Think cutting edge mobile game development and you probably don’t think Cirencester. Still, the people at Neonplay are putting the sleepy Cotswolds town on the map. Top games: Jewel Jumper, Carpark Carnage Fireproof Based in Guildford, indie developer Fireproof won a Bafta award for their multi-million selling The Room, which was released in 2012. [...]
