City Moves for 9 June 2016 | Who’s switching jobs June 9, 2016 InvestSure Online property investment platform InvestSure has appointed Andrew Pratt (pictured) as a non-executive director as it continues its expansion. Andrew will remain a senior residential consultant at Patrizia, one of the world’s top four residential real estate investors. Andrew was previously the UK managing director at Grainger and a property consultant at CBRE. Maseco [...]
More money for proptech: HouseSimple raises £13m from Carphone Warehouse boss June 6, 2016 More money is flowing into up and coming property technology (proptech) companies, with the founder of Carphone Warehouse leading a new multimillion pound investment in online estate agent HouseSimple. Sir Charles Dunstone lead the £13m funding in the firm which ditches the high cost of traditional agency fees, along with his business partner Roger Taylor. An institutional investor [...]
City Moves for 31 May 2016 | Who’s switching jobs May 31, 2016 International Property Securities Exchange IPSX (the new operating brand for the London Real Estate Exchange) has announced the appointment of Robert Bould as a non-executive director. Rob recently stepped down as chief executive of GVA Bilfinger (previously GVA Grimley), an international property agent and advisory firm, and executive vice president of Bilfinger Real Estate. Having [...]
Multigenerational households are set to rise across the UK May 27, 2016 As house prices soar across the country, a report released today predicts that the UK could become a nation of multigenerational households. There has been a 52 per cent rise in house prices between 2005 and 2015, according to the report from Aviva. During the same period, there has been a 32 per cent increase [...]
Saracens v Exeter Chiefs preview: Four things to look out for including Henry Slade’s big test and Chris Ashton’s try target in Aviva Premiership final May 26, 2016 The Aviva Premiership's first and second best teams, Saracens and Exeter Chiefs go head-to-head at Twickenham for the league's ultimate crown on Saturday afternoon. We pick out four things to look for in the final: Will big match experience count for Saracens? Newly-crowned European champions and league leaders Saracens are well acclimatised to the high-pressure surrounds [...]
Fast forward: What will pensions be like in 20 years? Experts say taking a loan and easy access are on the cards, while inheritance may mean losing the state pension May 26, 2016 The nation's plans for old age have been subject to change lately as the chancellor has announced a range of reforms to how pensions work. There have been radical changes, and everyone believes more are heading our way. So what will pensions saving be like in 20 years’ time? Read more: The planned second-hand annuities [...]
Why long-term investors shouldn’t fear Brexit: Alarming projections have emerged about the impact of Britain leaving the EU on sterling, stocks and bonds. But there are reasons not to expect the worst May 25, 2016 You’d be forgiven for thinking the investment industry is united against Brexit. Accompanied by alarming forecasts about the impact of a Leave vote on sterling or the risk to various sectors of the UK economy, repeated reports have painted the referendum as a choice between emotion and reason, with Remain the only sensible option for [...]
Wasps make Kurtley Beale the highest paid player in Premiership Rugby May 13, 2016 Australia's Kurtley Beale will become the highest paid rugby player in England after putting pen to paper on a two-year contract with Wasps. Wallabies star Beale will be paid £750,000 per season, making him the best-paid player in the Aviva Premiership and the third best player in the world behind international teammate Matt Giteau and former All [...]
City Moves for 12 May 2016 | Who’s switching jobs May 12, 2016 EDM Group Provider of information and business process management technology and services to the UK insurance industry EDM Group has appointed Chris Hall as managing director, Insurance Services for EDM UK. Chris has over 30 years’ IT experience in senior leadership roles. Previous experience includes seven years spearheading Dell’s online presence in Europe; seven years [...]
Man Group becomes latest firm to face shareholder ire over executive pay May 6, 2016 Man Group has become the latest firm to stoke shareholder ire over executive pay, after a significant number of shareholders voted against its remuneration report. The investment manager's executive pay package was rejected by nearly 40 per cent of its shareholders, but it still passed as around 60 per cent were in favour. Read more: RBS [...]