End of an era: Unilever trading in Amsterdam for the last time today November 27, 2020 Unilever’s Dutch shares will trade in Amsterdam for the last time today, before a unification of the group’s dual-headed structure that aims to put the consumer goods maker on a better footing to cope with an uncertain future. The merger over the weekend of Unilever’s Dutch and British corporate arms into one legal entity based [...]
There’s a new type of leader in town: Agile, decisive, and interested in more than their own voice November 27, 2020 The turbulence of 2020 has provided a new lens through which to look at our leaders, prompting a rethink of what leadership should look like in the Covid era and beyond. Over the past nine months, leaders have had to navigate the coronavirus pandemic, sweeping technological changes, worldwide Black Lives Matter protests, and of course [...]
London Tier 2: City leaders breathe ‘sigh of relief’ but push for return to the office November 26, 2020 City leaders have welcomed the announcement that London will be placed into Tier 2 when lockdown lifts, but warned that the capital will only fully recover when the government outlines a clear policy on returning to work. Health secretary Matt Hancock today said London will join regions such as Liverpool and Suffolk on “high” alert [...]
Down, down, down November 26, 2020 Choppy Times The price action turned choppy in the closing hours of trade on Wednesday, in part due to the upcoming Thanksgiving holiday in the US which will likely dry some of the liquidity from the market, but also due to expiries this coming Friday. Still, the resilience showed up until then has been truly [...]
The City View: Will the pandemic lead to the democratisation of corporate leadership? November 25, 2020 Christian talks to John Williams, CEO of the Institute of Leadership and Management, about the nature of leadership during a time of extraordinary change and disruption. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS The institute represents 40,000 high-level leaders from around the world, and the global pandemic has triggered conversations at all levels about agility, collaboration [...]
MPs amp up pressure to avoid placing London in Tier 3 when lockdown lifts November 25, 2020 The Prime Minister is facing mounting pressure from his own party to avoid placing London in Tier 3 when England’s lockdown lifts, over fears tough restrictions could cripple businesses in the capital. Reports of government plans to place London in the highest level of restrictions under the new tier system, set to be announced tomorrow, [...]
ECB says banks still vulnerable to corporate coronavirus debt November 25, 2020 The Eurozone’s banks are likely to have to put aside more cash to pay for loan losses as the recovery from the coronavirus crisis enters a new stage, the European Central Bank (ECB) has said. “Bank profitability is expected to remain weak. Provisions have increased but look optimistic in some cases,” said Luis de Guindos, [...]
Crypto Extreme November 25, 2020 Macro Trends Narratives and broader macro trends can push valuations and multiples to extremes (too high or too low), even if the underlying fundamentals tell a different story. On that note, the Dow reached record highs amid what John Hussman of Hussman Funds described as capitulation in the face of overwhelming liquidity. With that in [...]
Leadenhall Market tenants offered turnover-based rents to see them through Covid-19 November 24, 2020 The City of London Corporation has offered Leadenhall Market tenants the option to switch to turnover-based rents amid a surge of closures in the UK retail and hospitality sectors.
Gender lens funds are growing – but female progress remains challenging November 24, 2020 The third quarter of 2020 was an eventful one for gender lens investing – investing for financial return while also considering the benefits to women – as well as for women in leadership (WIL). Gender lens equity funds globally turned in modest positive returns, a trajectory in line with the broader market. This suite of [...]