Wales v Australia Rugby World Cup 2015: Battle of the turnovers will go way of waltzing Wallabies October 8, 2015 A week is a long time in sport and, for Australia and Wales, the joys of dumping England out of their own competition will be well forgotten. Now the focus turns to an enthralling battle to top Pool A. The winners will dodge an improving South African side, with Scotland the likely quarter-final opponents. [...]
Mining and Tesco shares help FTSE 100 to a six-week high – London Report October 8, 2015 Surging mining stocks and a surprise rise in Tesco’s shares buoyed the London market yesterday, with the FTSE 100 ending at its highest closing level since the summer. The blue-chip index finished up 0.2 per cent at 6,336.35 points – its highest closing level since 20 August. The FTSE came down off its earlier intraday [...]
Best of the Brokers for 08 October 2015 October 8, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com OLD MUTUAL Barclays upgraded the insurer from an “equal weight” rating to an “underweight” rating, noting that operations are “robust” across the firm;s key business units. The broker added that Old Mutual “offers attractive emerging market growth superior to most European peers, [...]
Blending business and technology to make part-time MBAs accessible October 8, 2015 Imperial College Business School’s part-time MBAs offer new formats to fit around busy professional lives PART-TIME MBAs are becoming increasingly popular, fuelled by rapid technological advancement at leading business schools and students’ determination not to let go of an already successful career. The benefits of completing a part-time MBA are vast. You will achieve all [...]
The future of education finance is here – enter new crowdfunding platform EdAid October 8, 2015 There is a new alternative lending platform on the scene, and it’s called EdAid. While we’re familiar with those crowdfunding and peer-to-peer platforms that offer loans to businesses, equity stakes in startups and invoice trading opportunities, EdAid is doing something a bit different: it’s creating a competitor to the government’s Student Loans Company, and giving [...]
Mundane meetings: Making a getaway – don’t hit ‘accept’ too hastily and bag a seat by the door October 8, 2015 Meetings are like a box of chocolates, but not in a good way. Occasionally informative and thought-provoking, all too often they are time consuming, irrelevant and poorly planned. Worst of all, you don’t know what you’re getting until you’re inside the meeting room, having put off other potentially important commitments. Many meetings are a [...]
London’s housing problem doesn’t need another government scheme: It’s time to slaughter sacred green belt cow – The City View October 7, 2015 During his time at 10 Downing Street, David Cameron has presided over a number of deeply complex attempts at helping Generation Rent climb the first rung of the housing ladder. NewBuy came first, guaranteeing 95 per cent mortgages for first-time buyers on new-build properties. That was followed by Help-to-Buys one and two: respectively, equity loans [...]
Investment Association boss Daniel Godfrey’s exit raises questions for funds October 7, 2015 Hold On To Your Friends, Lost, I Don’t Mind If You Forget Me: all hits of Morrissey, The Smiths vocalist. They are also song titles which might resonate with Helena – a better-known Morrissey in the City – whose roles include the chairmanship of The Investment Association. Some members of the fund managers’ trade [...]
City Moves for 08 October 2015 | Who’s switching jobs October 7, 2015 EDMOND DE ROTHSCHILD GROUP The asset manager and private bank has appointed David Chamberlain as head of investor relations for private equity. He has served for the past 10 years as chairman and managing partner of Capstone Partners. Chamberlain also previously spent 17 years at Unigestion in Geneva, where he was successively finance director and [...]
Biotech helps Dow leap more than 120 points – New York Report October 7, 2015 Arebound in biotechnology companies yesterday pushed the S&P 500 to its highest level in three weeks as US stocks ended higher after a volatile session. The Dow Jones industrial average rose 121.96 points, or 0.73 per cent, to 16,912.15, the S&P 500 gained 15.9 points, or 0.8 per cent, to 1,995.82 and the Nasdaq Composite [...]