Why good governance is now a key investment differentiator November 23, 2015 In a recent Aberdeen Asset Management study conducted among 300 global financial decision-makers, governance was found to be an integral factor when selecting and analysing investments. Almost 90 per cent of respondents considered effective governance to be a critical driver of investment performance. That governance should lie at the heart of investment decision-making is [...]
This Autumn Statement could significantly change the UK state and the Tories’ fortunes November 23, 2015 For the third time in a year, tomorrow, George Osborne will take to the despatch box to deliver a budget or budget-like statement. We will be treated to a feast of announcements as the Treasury pontificates on just about every policy issue imaginable in its “Autumn Statement” – showing the huge governmental power hoarded within [...]
Argentina can finally realise its potential following the election of its new “BoreCon” President Mauricio Macri November 23, 2015 Buenos Aires was stopped in its tracks at 11.59pm on Saturday night. Restaurants, bars and clubs emptied abruptly and would-be revellers poured onto the streets and made their way home. In a city which can lay claim to being a true 24-hour hub along with New York, Tokyo and, maybe someday, London, this is quite [...]
Spending Review 2015: With chancellor George Osborne likely to make sharp cuts to the police budget, does this risk damaging public safety? November 23, 2015 Peter Neyroud, affiliated lecturer and resident scholar at the Jerry Lee Centre for Experimental Criminology at Cambridge University’s Institute of Criminology, says Yes Increasing the counter-terrorism resources within the defence budget is clearly necessary. Anyone who has watched events in Paris, Brussels and Mali would see the sense in a strong capability to respond to [...]
City Moves for 23 November 2015 | Who’s switching jobs November 22, 2015 TISA The financial services membership organisation has appointed Kenn Taylor to its retirement policy and technical team. He has 30 years’ industry experience, most recently leading consulting teams with Troika, Navigant and Grant Thornton. THERIUM CAPITAL The third party litigation funder has appointed Timothy Mayer and Nicholas Moore as principals in its investment team. They [...]
Best of the Brokers for 23 November 2015 November 22, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com Analysts at Cantor Fitzgerald have maintained their “buy” recommendation for Breedon Aggregates following the agreement for Breedon to buy Hope Construction Materials for £336m. Cantor estimates the deal to be around 19 per cent accretive to earnings per share in the first full [...]
Earnings season tails off as City awaits Osborne – London Report November 22, 2015 THE WEEK will be dominated by the chancellor’s Autumn Statement on Wednesday as companies wait on tenterhooks to see how expected cuts to the budget could affect them. In the meantime there are still plenty of companies reporting results as we near the end of the third quarter earnings season. This morning FTSE 250 outsourcer [...]
Thanksgiving, Black Friday 2015 and GDP in US – New York Report November 22, 2015 US markets will be closed on Thursday for the Thanksgiving holiday and Friday will be a half-session day, so expect a relatively quiet week. That said, there is still plenty going on with the yearly Black Friday shopping tradition set to blow the doors off most retailers on Friday. Online retail giant Amazon will be [...]
Brands without borders: OMD’s Nikki Mendonca on the digital single market November 22, 2015 Sharing data across jurisdictions remains a headache for brands that operate within a number of different markets. The situation may be about to become a lot easier in Europe, however, due to the European Commission’s digital single market strategy. “I’m optimistic about what these changes would mean for brands,” says Nikki Mendonça, president of OMD [...]
Angela Merkel is a symbol of everything wrong with a declining Europe November 22, 2015 I have never understood the very odd personality cult that has come to surround Angela Merkel. Uniquely among modern German Chancellors, I cannot think of a single major policy success to associate with her name. Konrad Adenauer decisively set Germany on a pro-Western path, reconciling with the French. Willy Brandt developed Ostpolitik, seeking to revive [...]
