Fintech is booming – but where are the insurance tech startups? September 17, 2015 As a technology investor, I spend my days scouring Europe in search of the next big thing. London’s fintech scene has been a profitable hunting ground of late. With the UK fintech industry generating $20bn in revenue annually, it is not surprising that $5.4bn has been invested in British fintech companies since 2010. [...]
Fed rate hike: As global markets hold their breath, should the Federal Reserve raise interest rates today? September 16, 2015 Shaun Port, chief investment officer at Nutmeg, says Yes After sending less than subtle messages to financial markets for more than two years that the days of always easy money are coming to an end, it is now time for the Federal Reserve to take the first step and raise rates. A small increase – [...]
City Moves for 14 September 2015 | Who’s switching jobs September 13, 2015 IMPAX ASSET MANAGEMENT The specialist investment manager has appointed David Winborne as senior portfolio manager. He was previously a member of the in-house asset management team at Tesco Pension Investment. Winborne has also previously worked at Sarasin & Partners and Insight Investment Management. AVIVA INVESTORS John Osborn has been appointed real estate fund manager at [...]
Where to invest following stock market carnage: Europe and China top the experts’ buy lists September 9, 2015 Global stock markets took a battering this summer. At one point, nearly $2 trillion had been wiped off the value of shares across markets as diverse as Germany, China, the US and Argentina. The falls were trigged by worries over the state of China’s economy. Although Chinese companies make up only a small part [...]
British shopper loads could lighten in race to roll out driverless vehicles September 6, 2015 BRITISH shoppers and businesses could save a fortune if haulage companies start using driverless technology, a new report has revealed. The study found that the advent of automated, driverless vehicles in the courier and haulage sectors could deliver nearly £34bn in savings in a decade, significantly lightening the load for companies if those savings are [...]
City Moves for 3 September 2015 | Who’s switching jobs September 2, 2015 M&G Investments Ominder Dhillon has been appointed global head of institutional distribution at the active asset management firm. He joins from Impax Asset Management, where he was managing director, global business development and client service. Dhillon has also previously held positions at Fidelity International, Scottish Widows Investment Partnership, Legg Mason and John Morrell & Co. [...]
Should you invest in emerging markets? From Turkey to India, opportunities abound across the developing world September 2, 2015 From China to Brazil and a few places in between, investment in emerging markets has seemed a grim endeavour lately. But the outlook for some countries looks good, and for patient investors the rewards could be great. Read on for the two main reasons for investing in emerging markets right now, and the best [...]
City Moves for 2 September 2015 | Who’s switching jobs September 1, 2015 Hausfeld Anna Morfey has been appointed partner in the litigation law firm’s European practice. She joins from Freshfields Bruckhaus Deringer, where she was a senior associate. Morfey’s practice comprises contentious and non-contentious EU and competition law. Cornerstone Real Estate Advisers Europe The real estate investment management firm has appointed Rachel Arden-Davis as director, finance and [...]
Biotech and ethical funds were best-sellers as global markets sold off September 1, 2015 Biotech and ethical funds have topped rankings of the most popular investments for savers during last week’s market carnage. The last seven days was disastrous for markets around the world as sharp falls in Chinese equities – dubbed “Black Monday” – caused panic to spread. Stock exchanges across Europe and the US fell, with [...]
Chinese stock market crash 2015: Money has poured into Japan as Asian markets crumble over China woes August 25, 2015 Money has flowed into Japanese exchange traded funds (ETFs) this year as the market stands out as the last area of safety in Asia. So far this year, overseas investors have piled $16.4bn into ETFs tracking Japan’s stock markets – nearly quadruple last year’s total of $4.4bn, according to data from Markit. The [...]