The funds that could see big gains this year January 14, 2014 But if you want your investments to do well, avoid 2013’s winners WITH the FTSE 100 nearing an all-time high and the S&P 500 rising by 29.6 per cent, 2013 was a bumper year for equity investors. Those who had backed a fund manager investing in small British companies or Japan – last year’s big [...]
City Moves for 14 January 2014 | Who’s switching jobs January 13, 2014 Saxo Bank The online trading and investment provider has announced the appointment of Matteo Cassina as global head of institutional business. He was formerly head of total trader at Merrill Lynch, and president of Citadel Execution Services. BNP Paribas Real Estate The real estate investment firm has recruited Simon Bailey as chief operating officer. He has [...]
Troubled RSA sees ratings put on negative watch by Fitch December 16, 2013 RATINGS agency Fitch has put RSA’s financial strength rating on negative watch after further concerns were raised about the insurer’s ability to maintain its position in the market. And Standard and Poor’s cut its credit rating on RSA and its core subsidiaries from A to A-, arguing that a series of profit warnings indicate management [...]
City Moves for 27 November 2013 | Who’s switching jobs November 26, 2013 Aecom Patrick Flaherty has been appointed managing director for the UK and Ireland at the technical and management support services firm. He joins from Fluor, where he was managing director of its UK operations and led its infrastructure business. Axa Investment Managers The asset management division of Axa has announced the appointment of John Porter [...]
Mid cap stocks gain favour as UK economic optimism rises November 26, 2013 But don’t write off the more international FTSE 100 blue chips THE UK recovery has finally taken hold. But not only is growth returning, many are now more optimistic about our economic prospects compared to other advanced nations. Last week, the OECD revised down its 2013 global growth forecasts to 2.7 per cent from 3.1 [...]
City Moves for 19 November 2013 | Who’s switching jobs November 18, 2013 Knight Frank The property company has hired Liz Crawford as an associate within its healthcare team. She was most recently at Humberts Leisure, where she was a director. Prior to that, Crawford was head of licenced and leisure at Lambert Smith Hampton. Axa Investment Management The investment management business has recruited Shajahan Alam as a solutions [...]
What the other papers say this morning – 04 November 2013 November 4, 2013 FINANCIAL TIMES Aircraft carrier cost to rise to £6.2bn Britain will this week reveal another substantial increase in the cost of building its two new aircraft carriers, declaring that total funding for the programme will rise by another £800m to £6.2bn.Philip Hammond, defence secretary, is expected to say that a new set of demands – [...]
Storm chaos as gale force winds hit Britain October 28, 2013 Cancelled rail services leave London and South East in lockdown as gale force winds hit COMMUTERS are facing chaos this morning after the looming storm heading towards southern Britain prompted rail companies to cancel and delay a swathe of services. While the exact timing of the worst of the St Jude storm could not be [...]
City Moves for 25 October 2013 | Who’s switching jobs October 24, 2013 Aon Hewitt The human resources solutions firm has announced the hire of Stephen Hackett as head of health and risk in its benefits solutions practice. He joins from Capita Employee Benefits, where he was head of health management. Prior to that, Hackett was head of employee benefits at Bluefin. Jupiter The asset management company has [...]
City Moves for 18 October 2013 | Who’s switching jobs October 17, 2013 EdisonThe investment intelligence firm has announced the hire of Angus McPhail as an equities analyst in its oil and gas team. He specialises in mid-cap exploration companies. McPhail has previously worked as an analyst at Investec, Alliance Trust, ING, and WH Ireland. BNY Mellon Asset ManagementThe investment management company has appointed Heneg Parthenay as chief operating officer [...]