A changing global balance of power September 19, 2010 IT should have been cause for some (modest) celebration – yet nobody even noticed as another milestone on the road to recovery was finally passed the other day. The total industrial output of the G7 – the UK, the US and five other top nations – added to that of the seven largest emerging economies [...]
TITANS OF BUSINESS SET TO CLASH AT GOODWOOD REVIVAL FESTIVAL September 16, 2010 THE LOVE affair between businessmen and their fast cars is certainly alive and kicking. This weekend marks the Goodwood Revival historic motorsport and aviation festival, as over 132,000 attendees prepare to head down to Sussex for two days of immersion in classic cars and planes. And The Capitalist hears that among those competing on the [...]
FOCUS ON: HAMMERSMITH September 16, 2010 OVERSTONE RD Price: £264,950 A one-bedroom flat on the raised ground floor of a mid-terrace Victorian house. It is situated between Hammersmith and Brackenbury Village. It also has a reception room, a kitchen and a shower room. The property does lack outside space but it is close to Ravenscourt Park. Contact: Winkworth on 020 7371 [...]
Ethical investors cannot have their cake and eat it September 14, 2010 AcademicS were making waves in the socially responsible investment (SRI) community this week, as a new study suggested that SRI funds offer lower returns than simple index-trackers. Conducted by the EDHEC-Risk Institute, the paper updates a study of French SRI funds by looking at 172 funds’ returns between 2002 and 2009. It shows that while [...]
Gambler’s luck needed for investment advice September 12, 2010 With my job some assignments are more taxing than others. Take the Fund Forum in Monaco earlier this summer. My producer Rose managed to turn her €100 into €300 in half an hour on the casino’s blackjack table there. She said the result came from clear strategy and gut instinct. But that was in June [...]
Suits’ fave spot for a helping of glam September 6, 2010 Aqua Nueva Fifth Floor, 30 Argyll Street, W1B 3BR Tel: 020 7478 0540, www.aqua.com.hk FOOD SERVICE ATMOSPHERE Cost per person without wine: £50 LONDON’s love affair with the shamelessly glam has been hotting up for several years and Aqua Nueva, the Spanish side of a double rooftop restaurant off Regent Street, fits the bill perfectly. [...]
Canada’s coolest city is both French and friendly September 5, 2010 THERE’s a good reason why Montreal is known as Canada’s party town. Quebec’s capital – the capital of French Canada – bills itself as the festival capital of the world. Every year there are dozens of festivals celebrating anything and everything. But it’s not just the likes of the Montreal Jazz Festival, the Anarchist Book [...]
More than a rugby coach: Venter the visionary September 2, 2010 MAYBE it’s because Brendan Venter spent the summer back home in South Africa working as a doctor in his own practice, an environment in every sense half a world away from top-level English sport. Or perhaps it’s down to his singularly utopian philosophy for running Saracens, where he insists rugby is “a side issue” and [...]
CONTROLLING COSTS August 26, 2010 Q.I am thinking about selling my business in the near future. How do I go about finding a buyer? A.The most common route is to get in touch with corporate finance advisers, says Jenny Robertson, senior associate at Stevens & Bolton, a law firm. “The first thing you need to do is to get a [...]
SELLING August 26, 2010 MANAGING DIRECTOR, PROPERTY HUNT Q.Dear Russell, with property prices projected to fall and interest rates forecast to rise, should I buy? A.As with anything to do with property, it is all about timing. The latest surveys – whether they are from the major lenders, the high-street banks or the online property portals –are all pointing [...]