City Moves for 20 November 2015 | Who’s switching jobs November 19, 2015 COLLIERS INTERNATIONAL The commercial real estate services firm has appointed Shane O’Reilly as associate director in its investment property management team. He joins after 10 years at King Sturge/JLL, where his mandates included Crown Estate, Urban Regional Portfolio, and Ropemaker Properties. DEUTSCHE ASSET AND WEALTH MANAGEMENT Matthew Lamb has been appointed co-head of alternatives coverage [...]
Healthcare sinks Wall St but Intel rises – New York Report November 19, 2015 FALLING healthcare stocks offset gains in Intel and other technology names yesterday while investors eyed an expected rate hike in December. The Dow Jones industrial average closed 0.02 per cent weaker at 17,732.75 points while the S&P 500 lost 0.11 per cent to 2,081.24. The Nasdaq Composite edged 0.03 per cent lower to 5,073.64. A [...]
London is now a true rival to Silicon Valley – but risks loom November 19, 2015 This year has been dubbed the Year of the Unicorn. It’s not an allusion to the success of the Scottish National Party – the unicorn being the national symbol of Scotland – but rather a reference to the booming global startup scene. In the world of venture capital, “unicorn” is applied to young tech [...]
Failure to properly measure public sector productivity is hindering real reform November 19, 2015 On Wednesday, the chancellor will announce how he will get better value for money from the £4 trillion the government will spend over the course of this Parliament. He will explain which budgets are to be protected and which to be cut. More importantly, it is hoped he will set out a clear message for [...]
Government risks jeopardising UK competitiveness if it is over-zealous in corporate tax reform November 19, 2015 At the Autumn Statement next week, we should get some indication of how the government intends to put into practice the biggest change to international taxation for almost a century. For the UK, this presents both a huge challenge and an opportunity. The stakes could hardly be higher because the proposed changes go to the [...]
With the HBOS report published, is banning directors the best way to deal with excessive risk-taking in banking? November 19, 2015 Oliver Parry, corporate governance adviser at the Institute of Directors, says Yes The HBOS report is a timely reminder that, when directors fail, companies fail. Banking regulation is tougher than it was, but leaner balance sheets and ring-fences won’t save us from the next crisis. Fish still rot from the head and banks will always [...]
FTSE 100 sees third consecutive rise as miners surge – London Report November 19, 2015 Tourism-related stocks came under pressure yesterday on concerns about international security after last week’s attacks in Paris, though Britain’s top share index got support from gains in commodity shares. The blue chip FTSE 100 index was up 10.21 points, or 0.2 per cent, to 6,278.97 points by the close, buoyed in late trade by a [...]
Shore Capital, Tullett Prebon, Haitong Research: Best of the Brokers for 19 November 2015 November 19, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com Shore Capital has have retained a “buy” recommendation on Crest. They expect the short-term sell-off or profit-taking round in the sector looks to have run its course and stocks may rebound. Even at the sector peak towards the end of September, Crest never [...]
Alt Fi Data on its new report, why transparency is so badly needed and what platforms need to do now November 19, 2015 It's been difficult to garner much substantive data on the equity crowdfunding industry. Reports have often been scanty, or just inaccurate. Evidently, the youth of the industry has meant that samples have not been large enough, or raises not long enough ago, to draw any meaningful conclusions. But with most of the larger players [...]
Unlocking the real potential of big data – ACCA Comment November 19, 2015 We are right in the middle of the “big data revolution”. There is a global consensus on the importance of big data and the benefits that come from harnessing its massive power. So much so, in fact, that firms aren’t afraid to fork out serious levels of investment to keep up. A survey of [...]
