Asset manager list shows who is best in class September 11, 2011 A NEW list of the top young asset managers has highlighted the growing importance of emerging markets. More than a quarter of the young asset managers who made the Financial News “40 under 40” list either invest directly in emerging markets or have spent time working or researching in developing countries. The list also reflects [...]
Bombardier in line for a £120m deal September 11, 2011 TRAIN-maker Bombardier is set to be handed a government lifeline in the wake of its failed bid to produce trains for the Thameslink project. Canada-based Bombardier lost out on the £1.4bn contract to German engineer Siemens in June, leaving its Derby factory hanging in the balance. But a new Department for Transport (DfT) contract to [...]
CITY MOVES | WHO’S SWITCHING JOBS September 11, 2011 Merchant Securities The financial services group has appointed Dr Navid Malik as head of life sciences equity research. Malik joins from the investment banking arm of Matrix Group, where he was partner and head of life sciences research. Prior to that, he was a senior equity analyst for Collins Stewart and Williams de Broë, covering [...]
Work from home to avoid the Olympic queues September 11, 2011 Q&A: London 2012 TIME TO GET READY Q. WE ARE IN AN OLYMPIC HOTSPOT AREA AND HAVE STARTED SPEAKING TO OUR EMPLOYEES ABOUT OUR PLANS THROUGHOUT THE GAMES. NONE OF OUR EMPLOYEES CURRENTLY WORK FROM HOME AND ALTHOUGH THIS SEEMS TO BE A VIABLE OPTION, WE’RE NOT SURE WHERE TO START. WHAT WOULD YOU SUGGEST? [...]
Independent Commission on Banking report will hit FTSE September 11, 2011 AT 7am this morning the Independent Commission on Banking report on reform will be published. It’s widely expected that the main thrust of the report will be to recommend that retail banking is separated – ringfenced – from the investment banking side. That’s a potentially monumental impact on the likes of RBS, Lloyds and Barclays. [...]
BEST OF THE BROKERS September 11, 2011 WM MORRISON Deutsche Banks rate the supermarket group as “hold” with a target price of 310p, up from 272p. Following results last week, the broker says Morrisons is in a good place relative to other UK food retailers, but lacks growth potential compared to other stocks in the sector. If the supermarket does not achieve [...]
Plot trading channels to navigate twists and turns September 11, 2011 CHANNEL trading is a stalwart technique for spread betters – a leading light to help traders set the right course in volatile markets. FOLLOW THE TREND David Jones of IG Index explains that “channel trading is just an extension of trading with the trend.” Jones thinks it is “a sensible way to approach a market.” [...]
THE WEEK AHEAD September 11, 2011 COMPANY NEWS ● Today, Pan African Resources announces. The Aim-listed company is producing 100,000 ounces of gold per year and will be hoping for glittering results. ● Tomorrow, Abcam and Ashmore both announce. Abcam is a biotechnology company based in Cambridge’s Science Park, which sells research antibodies. ● On Wednesday, Barratt Developments and Galliford Try [...]
THE TIPSTER September 11, 2011 LAST week’s intervention by the Swiss National Bank and some affirmative action to try to stimulate the economy by President Obama suggest that we’ll see more of this Keynesian approach to policy in the months ahead. The bottom line is if it’s translating into cheap money then expect equity markets to find cheer off the [...]
Massow’s back and helping you to save September 11, 2011 FAMED for founding the first company to provide mortgages and life insurance for people in HIV high-risk groups, Ivan Massow’s name used to be all over the papers in the 1990s. He sat on the sofa with Richard and Judy, on a panel on BBC’s Question Time, he was even flatmates with the now education [...]