Fund manager of the year September 12, 2013 Fund managers have faced a triple challenge this year – winning back money from hesitant investors, sailing through stormy markets and dealing with operational headwinds. The entrants in this year’s category represent the best of those who have successfully navigated their way through on three all fronts. SCHRODERS Schroders has this year managed to successfully [...]
Private equity manager of the year September 12, 2013 After a period of relative quiet following the financial crisis, private equity firms have this year found their feet again with a host of audacious deals and mega money fundraisings. This year’s award recognises those firms leading the pack to combine cutting edge dealmaking with strong corporate structures. DONALD MACKENZIE CVC CVC’s co-founder Donald Mackenzie [...]
Best of the brokers for 13 September 2013 September 12, 2013 BETFAIR Betfair retains its ‘hold’ rating after an encouraging interim management statement, with a target price of £9.45. Active UK customers have increased by 26 per cent in August, and international markets have performed ahead of expectations even where investment has ceased. MELROSE INDUSTRIES Citi research downgrades Melrose to ‘neutral’, but raised its target price [...]
London Report: Lacklustre trade leaves FTSE 100 treading water September 12, 2013 SUPERMARKET chain Wm Morrison was among the top gainers on the UK’s FTSE 100 yesterday after posting its first-half results but the index continued to toil around the 6,600 level. Wm Morrison Supermarkets rose 1.8 per cent with traders citing dividend, outlook, and valuation attractions as a trigger for short covering after the firm’s first-half [...]
New York Report: US market falls back following seven day gain September 12, 2013 US STOCKS slipped yesterday, ending seven straight days of gains by the S&P 500 index as a drop in precious metal prices dragged mining shares lower. Spot gold fell 2.6 per cent to $1,331 an ounce as tensions with Syria eased and on worries the Federal Reserve will begin to scale back its monetary stimulus [...]
Dyke scores key victory as top clubs join FA’s crusade September 12, 2013 FOOTBALL Association chairman Greg Dyke achieved the first victory on his mission to address England’s failings when the Premier League yesterday agreed to join his task force. Dyke expects the commission to meet for the first time before the end of the month, as set out in his speech last week, with a view to [...]
EPPP: The saviour of english football? September 12, 2013 What is it? ■ The Elite Player Performance Plan is a Premier League initiative designed to ensure the country’s best young talent is developed by the best clubs and the best coaches ■ Academies are audited with factors including investment and coaching assessed and are subsequently categorised between one and four ■ Players can move [...]
Wenger: Bale’s sale was catalyst for Ozil signing September 12, 2013 ARSENAL manager Arsene Wenger had cause to thank rivals Tottenham yesterday as he prepared to unleash record £42.5m signing Mesut Ozil on the Premier League tomorrow. Wenger conceded Real Madrid probably only offloaded Germany playmaker Ozil because Tottenham finally agreed to sell Gareth Bale to the Spanish club. “Honestly I think it was linked with [...]
“Kids don’t practice enough and switch clubs for wrong reasons” September 12, 2013 Exclusive: Charlton academy boss Paul Hart speaks mind to Josh Richards DAYS when a young David Beckham would dedicate extra hours to developing his iconic ball-bending technique or Ashley Cole and Rio Ferdinand would spend hours practising in steel cages outside their childhood homes appear to be over. And while the Premier League’s Elite Player Performance [...]
Adebayor told to train away from first team September 12, 2013 TOTTENHAM striker Emmanuel Adebayor has been ordered to train away from the first team by manager Andre Villas-Boas. The Togo forward missed the start of the Premier League season having been granted compassionate leave following the death of his brother Peter. However, Adebayor has since returned to Spurs and subsequently been granted a second period [...]
