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 [...]
Former Aviva Investors analyst Mothahir Miah banned and fined £139,000 by FCA for cherry picking hedge fund trades November 17, 2015 The Financial Conduct Authority (FCA) has hit a former investment analyst at Aviva Investors with a £139,000 fine and banned him from taking part in any regulated activity in the financial services industry. Mothahir Miah deliberately delayed booking and placing the trades of hedge-funds by several hours, in order to allocate those which had benefitted from [...]
HomeServe fixes up profit of £26.2m for 2015 half year results as customer numbers continue to rise November 17, 2015 HomeServe this morning revealed adjusted profit before tax of £26.2m for the six months ended 30 September 2015, up less than one per cent from £26m for the same period last year. However, adjusted profit before tax on a constant currency basis would have been £28m, an increase of eight per cent. Net debt for [...]
Ireland qualify for Euro 2016 as Jonathan Walters helps exorcise ghost of Thierry Henry handball November 16, 2015 Republic of Ireland boss Martin O’Neill hailed the battling qualities of his side after they overcame Bosnia-Herzegovina in a nervy play-off at the Aviva Stadium last night to qualify for next year’s European Championships. Ireland are no strangers to play-offs and had lost five of their previous seven, but a goal in each half from [...]
City Moves for 12 November 2015 | Who’s switching jobs November 11, 2015 Lloyds Bank Commercial Banking Michael Bond has been appointed mid markets relationship director in the bank’s technology, media and telecommunications team in London. He previously held a similar role at Lloyds, looking after clients in the education, communities and government sector across the South East. State Street Global Advisors State Street’s asset management arm has [...]
Insurers to announce Indian investment plans during Narendra Modi’s UK Visit November 9, 2015 A number of insurers will announce this week that they are planning to pour money into Indian investments. The announcement will coincide with Indian Prime Minister Narendra Modi’s visit to the UK. Aviva, Bupa, Lloyd’s of London, Standard Life and Willis will confirm collect plans to put money into Indian joint ventures and partnerships, Sky [...]
City Moves for 10 November 2015 | Who’s switching jobs November 9, 2015 BNP PARIBAS INVESTMENT PARTNERS The asset management division of BNP Paribas has announced the appointment of Laurent Gueunier as head of alternative debt management. He joins from Axa Investment Managers, where he was head of structured finance. Gueunier has also worked within structured credit at JP Morgan and began his career within commodities trading at [...]
With Japan’s economy likely to have entered a technical recession, has Abenomics failed? November 8, 2015 Freya Beamish, an economist at Lombard Street Research, says Yes. Abenomics is failing, but the technical recession doesn't prove it so much as confirm Japan's exposure to China. In fact, Shinzo Abe has achieved some significant successes: strides have been made in improving corporate governance, although there is still a long way to go; the [...]
How much did Sam Burgess cost rugby union? Highest-paid player in Premiership leaves Bath for South Sydney Rabbitohs November 6, 2015 Sam Burgess has returned to rugby league and the South Sydney Rabbitohs after an ill-fated but lucrative year in rugby union. The England international will move to Australia to reunite with his family and a club where he is worshipped as a hero, yet questions will still be asked why the union establishment failed to make [...]
Electra chairman Roger Yates resigns as Sherborne’s activist investor Edward Bramson voted onto the board by shareholders November 5, 2015 Sherborne's Edward Bramson has finally succeeded in his mission to join the board of private equity group Electra, after 53.5 per cent of shareholders voted in favour of his appointment as a director, 16.6m to 14.4m against. Chairman Roger Yates resigned from the from the board with immediate effect after the meeting. Sherborne's first move is to introduce "a strategic [...]