Suite returns: why it’s a good time to check yourself into the hotel industry August 14, 2008 Hotel rooms are one area of property investing that are bucking the credit crunch, writes Timothy Barber If we’re thinking positive, the slowing economy presents an opportunity to get a bit creative with investments. The alternative asset market has become more and more prominent in 2008 as investors look for areas offering stable returns in [...]
Axa avoids worst of the fallout August 8, 2008 Axa, Europe’s second-biggest insurer, reported lower first-half net profit yesterday although its earnings still managed to beat analyst expectations. Net profit fell 32 per cent to €2.16bn (£1.7bn) partly due to write downs on fixed income assets. The French insurer revealed a €237m impact on asset backed securities and a €502m hit on fixed income [...]
UK industry is modern, high-tech and a good bet for savvy investors July 25, 2008 Funds and ETFs can help get you exposure to an area that promises to flourish, writes Phil Thornton Barely a day goes by without a new portent of doom and gloom for some part of the UK economy, whether for financials, retailers or housebuilding. But one sector may offer a glimmer of hope during a [...]
RSA in $11m settlement November 3, 2005 Insurer Royal & SunAlliance (RSA) has moved to extricate itself from legal action over the Student Finance Corporation (SFC) by agreeing to pay $11m (£6.19m) to Wilmington Trust. The company revealed the latest payment yesterday as shares in the insurer spiked. City traders said that French rival Axa could be lining up a bid, although [...]