Insurer Axa brings Ireland business under scope of new UK boss Amanda Blanc October 26, 2015 Insurance company Axa has announced that it will bring its Ireland operations under the remit of Amanda Blanc when she becomes CEO of Axa Insurance, UK & Ireland, on 1 January 2016. Axa Ireland will continue to run as an independent entity, but will report into Blanc. Axa Ireland will be headed by Phil Bradley [...]
City Moves for 14 October 2015 | Who’s switching jobs October 13, 2015 EDMOND DE ROTHSCHILD ASSET MANAGEMENT Agnès Belaisch has been appointed head of the sovereign debt team at the asset management firm. Based in the UK, she was previously in charge of economic and market analysis at the European Stability Mechanism, and has held roles at the IMF. ANV HOLDINGS The insurance group has appointed Janet [...]
Volkswagen scandal promts Axa IM and other European fund managers to demand car makers be more open about their environmental policies October 13, 2015 European funds managers, running more than £625bn in assets in total, have called for greater scrutiny of car manufacturers' lobbying activities in the wake of the Volkswagen emissions scandal. European investment managers including Axa Investment Managers, Menhaden Capital run by Zac Goldsmith's brother Ben, and the Environment Agency's pension fund have called on car giants to be [...]
City Moves for 13 October 2015 | Who’s switching jobs October 12, 2015 CITY NOBLE The pensions and investment advisory firm has appointed Mike Webb as associate in its advisory business. He was previously head of distribution and marketing for the Axa corporate investment platform, and senior business development manager in Standard Life’s corporate pensions division. CBRE The commercial real estate services and investment firm has appointed Milan [...]
City Moves for 09 October 2015 | Who’s switching jobs October 8, 2015 KNIGHT FRANK The property consultancy has announced the appointment of Rob Macnab as partner in its City leasing team. He joins from Kinney Green, where he was an equity partner specialising in the midtown office market. Macnab has worked for clients including O&H Group, Aberdeen Asset Management and DTZ IM. AXA INVESTMENT MANAGERS Tom Clapham [...]
Lloyds share sale: Should you register to buy? 62,000 investors tempted by future dividends October 7, 2015 Investors have been sent into a frenzy by government plans to sell off its remaining shares in Lloyds Banking Group next spring. Since the news broke, 62,000 people have already registered for the chance to buy up shares at a discount. But fear not, there is plenty of time. Read on for our guide to [...]
Private investment group Ardian makes offer for European food firm Solina October 6, 2015 Independent private investment company Ardian has submitted a binding offer and entered into exclusive talks concerning the purchase of European food company Solina. Ardian was previously Axa Private Equity, before becoming a private firm in 2013. Its portfolio includes investments in food chain Eat, Luton Airport and Wood Mackenzie. Solina, based in Brittany, France, provides [...]
Stars align for shoppers: Experts predict a consumer boom amid low inflation and cheap energy October 6, 2015 All the ingredients for a consumer boom are appearing, experts say, as turbulence in Asia keeps commodity prices and inflation down. Oil prices remain low amid global oversupply and market worries about slowing demand in China. Meanwhile, Beijing’s devaluation of the yuan means lower inflation – in the form of cheaper goods from China [...]
Know your stuff: Five things everyone needs to hear about pensions October 2, 2015 Charges and not taking enough risk can massively dent your long-term savings. Seismic shifts have taken place in the pensions world in recent years – and there may be more to come. Generous employer pension schemes have all but disappeared, and new freedoms brought in by the government this year aim to offer savers [...]
Should you invest in India? Inside the last major emerging market left standing October 1, 2015 Shifting fortunes in emerging markets mean India is now standing out as more investable than the rest. The last two years have seemed like a new dawn for investors in India. The country elected reformist candidate Narendra Modi as its new Prime Minister in May last year and experts around the world cheered his [...]