Saints buck the trend as Premiership crowds fall September 22, 2010 NORTHAMPTON insist they can continue to buck the trend of poor early-season ticket sales in the Aviva Premiership – and take record attendances to a whole new level at Franklin’s Gardens. The unbeaten league leaders sold out their opening two home fixtures against Leicester and Bath despite the latter being played on a Friday night. [...]
Europe facing pensions crisis September 21, 2010 EUROPE faces a pensions time bomb with the estimated gap between what people are saving for retirement and what they will actually need to live comfortably when they retire estimated at €1.9 trillion (£1.6 trillion), a report claims today. Europe’s annual “pensions gap” is equivalent to 19 per cent of the European Union’s (EU) GDP [...]
FUND MANAGEMENT NEWS September 21, 2010 NEW CHINESE ESG INDEX LAUNCHED Provider of sustainability ratings and indexing solutions ECP International has teamed up with China Securities Index to create the CSI ECPI China Environmental and Social Governance 40 Equity Index. The first of its kind, the index identifies the 40 highest ESG-rated companies amongst the Chinese SSE180 Corporate Governance Index and [...]
Holmes firmly behind track legacy plans September 20, 2010 LONDON’S Olympic Stadium will retain an athletics track after the 2012 Games, regardless of who moves in – and more people will benefit as a result, says Dame Kelly Holmes. The future of the Stratford Olympic Park’s centrepiece is still shrouded in uncertainty with less than two years to go until the first starter’s pistol [...]
CITY MOVES | WHO’S SWITCHING JOBS September 19, 2010 DTZ The property advisory group has appointed Hugh Radford as head of UK retail – a division whose clients include the Crown Estate, Land Securities, Hermes, Aviva and Henderson. It is also currently leasing Westfield’s newest shopping centre development at Stratford. Radford has been a director at DTZ since 2007, when the firm acquired retail [...]
Strettle shows class to fire Sarries and condemn Leeds September 19, 2010 LEEDS CARNEGIE (14) vs SARACENS (26) DAVID STRETTLE marked his first start for Saracens with a try as Brendan Venter’s side condemned bottom-club Leeds to a third straight defeat. England winger Strettle touched down for his second try since his summer move from Harlequins on 26 minutes to put Sarries in control at a wet [...]
Aviva hunts for Sharman’s replacement September 16, 2010 INSURANCE group Aviva has begun its search for a new chairman in time for Colin Sharman’s planned departure in 2013, people close to the company confirmed yesterday. Potential candidates for the job include former Aviva chief executive Richard Harvey, outgoing Barclays chief executive John Varley and ex-financial services minister Paul Myners. Myners declined to comment, [...]
CITY VIEWS: DO YOU THINK THE BBC LICENCE FEE SHOULD BE FROZEN FOR THE NEXT TWO YEARS? September 16, 2010 THOMAS MCKAY | VOCUS “I subscribe to Sky and rarely find myself watching the BBC. I suppose the projected cuts in spending might affect the quality of online news, given that other news corporations are now charging for their services. That would be my only concern.” PHIL TURNBULL | AVIVA “Given the cuts in spending [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 15, 2010 FINANCIAL TIMES BOND STRATEGY LED TO BIG WIN AFTER LEHMAN The collapse of Lehman Brothers and central banks’ unorthodox monetary policies distorted markets to create some of the biggest pricing anomalies ever documented in bond trading, according to research from leading US academics. A paper from the US National Bureau of Economic Research claims to [...]
ABI: Don’t ignore UK’s institutions September 15, 2010 THE NEW chairman of the ABI’s investment committee has warned regulators that an over-zealous approach to protecting the interests of retail shareholders in the wake of the financial crisis could come at the expense of institutional investors. In his first official speech in the role, Aviva Investors chief executive Alain Dromer expressed support for a [...]