City Moves for 19 June 2015 | Who’s switching jobs June 18, 2015 Brooks Macdonald Group Ghislaine Perry has been appointed head of group marketing at the wealth management group. She joins from Brewin Dolphin, where she was divisional director of marketing. Perry has also held roles at Insight Investment, Merrill Lynch Investment Managers and Axa IM. VentureFounders The equity crowdfunding platform has announced three appointments. Jamie Beare [...]
Breaking new ground: Why the investment trust is offering unique – and growing – opportunities June 18, 2015 Investment trusts have been around since the 1860s, but a perception of obscurity and limited choice has meant that they have not been as well-regarded as their open-ended counterparts. In recent years, however, their popularity has been on the up. Indeed, in 2014, investment trust assets hit a record high of £122bn, with purchases by [...]
Applegreen IPO: Irish owners net €20m in petrol station listing June 16, 2015 Two Irish entrepreneurs are in line for a €20m (£14.37m) windfall after floating their petrol forecourt business on the London stock exchange. Bob Etchingham and Joe Barrett, who founded Irish petrol station group Applegreen 23 years ago, will net €15m and €5m respectively from the listing, according to regulatory documents filed yesterday. Both [...]
City Moves for 17 June 2015 | Who’s switching jobs June 16, 2015 CRUX Asset Management The fund manager has appointed Karen Zachary as chief operating officer. She has 20 years’ experience in asset management, and has held positions at Henderson Global Investors, Man Group, Fidelity International and New Star Asset Management. EY Chris Gould has been appointed partner and head of the professional services firm’s cybercrime team [...]
Applegreen IPO: City funds help fuel €300m listing of petrol station firm June 15, 2015 Irish petrol station group Applegreen is set to drive off with a €300m (£220m) valuation after winning backing from top City investors for the biggest European float on the junior stock market this year. The firm, which has 152 sites mainly in the UK and Ireland, has secured €70m of backing from investors, including City [...]
Wheels turning at 22 Bishopsgate June 15, 2015 THOUSANDS of workers at the soon-to-be redeveloped Pinnacle site – now known as 22 Bishopsgate – will be able store their bikes, take them for repair and even wash their lycra on site as part of new plans for the 62-storey office tower unveiled yesterday. The building, which is currently just seven storeys high and [...]
New designs unveiled for 22 Bishopsgate – the skyscraper formerly known as the Pinnacle June 15, 2015 The Building Formerly Known As The Pinnacle has become the butt of various jokes over the last three years, after the 63-storey tower was abandoned by its developers during the depths of the property crisis in 2012 with just seven storeys built. Not surprisingly, it's since been known as "The Stump". But now the site's [...]
FA Cup renamed “The Emirates FA Cup” as three-year £30m sponsorship deal confirmed May 30, 2015 Emirates Airline has been confirmed as the new sponsor of the FA Cup on the day of the cup final which will see Arsenal and Aston Villa meet at Wembley. The tournament will be renamed "The Emirates FA Cup" from next season until 2018 in a deal estimated to be worth around £30m over the [...]
City Moves for 26 May 2015 | Who’s switching jobs May 25, 2015 Waverton Investment Management Andrew Fleming has been appointed chief executive of the investment management firm. He was most recently chief executive of Cumulus Group and, prior to that, chief executive and chief investment officer of Aegon Asset Management. He began his career at Gartmore Investment Management, before joining ABN Amro. EY The professional services firm [...]
City Moves for 21 May 2015 | Who’s switching jobs May 20, 2015 LDC The private equity investor has appointed Simon Adcock as a portfolio director. Adcock, a qualified accountant with nearly 20 years of big four advisory experience, joins from Deloitte, where he was regional head of its corporate advisory business. He began his career at KPMG. Duff & Phelps The valuation and corporate finance adviser has [...]