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....The speaker is Mohamed El-Erian, one of the biggest names in financial markets, who advised President Obama. Born in New York to Egyptian parents, he spent 14 years at Pimco, the world’s biggest bond fund manager. ... [Read full article on Guardian ]
Saturday 13th of May 2017 02:59:03 PM
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. A US fund manager has thrown down the gauntlet to high-charging rivals and financial advisers by slashing fees to less than half the UK average. ... [Read full article on Guardian ]
Tuesday 16th of May 2017 05:32:10 AM
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.... . "More women, more people from ethnic backgrounds, and more from surprising walks of life, with egg farmers and pet food makers lining up with hedge fund managers and private equity barons. ... [Read full article on BBC ]
Sunday 7th of May 2017 12:04:04 AM
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Monday 15th of May 2017 05:01:36 AM
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.... Hard work is seen as key for achieving high earnings, and economic disadvantage was talked about as something that could be overcome through aspiration. One hedge fund manager said he was able to achieve huge earnings because he had “unique pricing power” similar to professional footballers. ... [Read full article on Guardian ]
Wednesday 3rd of May 2017 06:00:22 AM
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....However, Gordon said the bank’s outlook was “set fair” and that it could produce stable earnings in the future. Neil Woodford, one of the City’s most respected fund managers, admitted last week he had bought shares in Lloyds after shunning the banking sector for many years. ... [Read full article on Guardian ]
Tuesday 16th of May 2017 04:45:44 PM
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....Watts said there was more diversity in this years’ rich list. “More women, more people from ethnic backgrounds and more from surprising walks of life, with egg farmers and pet food makers lining up with private equity barons and hedge fund managers. ... [Read full article on Guardian ]
Sunday 7th of May 2017 12:20:36 PM
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.... . The fund manager also said that its planned merger with Standard Life was "on track" and should be completed later this year. ... [Read full article on BBC ]
Tuesday 2nd of May 2017 07:52:03 AM
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....He has proposed a range of policies combining budget cuts and more labour market flexibility, with public investment and an extension of the welfare state. "Voters elected for Emmanuel Macron's pro-business policy proposals, which have the potential to unlock long-held-back investment and stimulate French markets," said Stephen Mitchell at London-based fund manager, Jupiter Asset Management. ... [Read full article on BBC ]
Sunday 7th of May 2017 09:50:10 PM
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....Corley also received a 27% vote against her re-election. She is the former chief executive of giant investment manager Allianz Global Investors, so this was a case of shareholding fund managers voting against one of their own. ... [Read full article on Guardian ]
Sunday 7th of May 2017 06:00:25 AM
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....What’s more, these essentially social-democratic ideas will seem even more mainstream if – as is entirely possible – there is another crisis. Mohammed El-Erian used to run Pimco, the world’s biggest fund manager. ... [Read full article on Guardian ]
Sunday 14th of May 2017 11:32:14 AM
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....”. The conference, organised by prominent leave campaigner and hedge fund manager Paul Marshall, struck a relatively upbeat tone about the impact of Brexit on the economy. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 11:14:03 PM
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....”. He added: “The growing number of women we’re seeing in the Rich List is part of a greater diversity, with more people from ethnic backgrounds and more surprising walks of life, with soft-toy makers and dating-app developers lining up with private-equity barons and hedge-fund managers. ... [Read full article on Guardian ]
Monday 1st of May 2017 11:01:11 PM
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.... On the basis of her pledges about workers’ representatives and access to information, she is more interested in playing with words. “My viewpoint, and that of other like-minded institutional investors, has been heard but ultimately ignored – repeatedly,” complained fund manager Neil Woodford as he revealed last week that he has sold his GlaxoSmithKline stake. ... [Read full article on Guardian ]
Monday 15th of May 2017 06:16:49 PM
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.... If Barclays’ chief executive is to be ousted, let it be for the right reason. It is easy to understand why Standard Life and Aberdeen Asset Management, when they merge, would need to shell out a few million quid to fund managers whose services will no longer required. ... [Read full article on Guardian ]
Tuesday 2nd of May 2017 06:57:06 PM
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.... That would be a reasonable stance. Montague won’t dare to be so bold, however, since anything less than full-blooded commitment tends to make investors, and the fund managers, nervous. ... [Read full article on Guardian ]
Tuesday 9th of May 2017 06:46:24 PM
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Latest Finance News related to Fund Manager

Lloyds reaches landmark as government sells final shares image
Source : Guardian [Read Article] Tuesday 16th of May 2017 04:45:44 PM
....However, Gordon said the bank’s outlook was “set fair” and that it could produce stable earnings in the future. Neil Woodford, one of the City’s most respected fund managers, admitted last week he had bought shares in Lloyds after shunning the banking sector for many years. ...
Giant US fund manager to shake up UK investment market by halving fees image
. A US fund manager has thrown down the gauntlet to high-charging rivals and financial advisers by slashing fees to less than half the UK average. ...
Will Theresa May defend workers' rights? Don't hold your breath | Nils Pratley image
.... On the basis of her pledges about workers’ representatives and access to information, she is more interested in playing with words. “My viewpoint, and that of other like-minded institutional investors, has been heard but ultimately ignored – repeatedly,” complained fund manager Neil Woodford as he revealed last week that he has sold his GlaxoSmithKline stake. ...
Mohamed El-Erian: ‘We get signals that the system is under enormous stress’ image
....The speaker is Mohamed El-Erian, one of the biggest names in financial markets, who advised President Obama. Born in New York to Egyptian parents, he spent 14 years at Pimco, the world’s biggest bond fund manager. ...
Tory claims over energy price cap are just hot air | Nils Pratley image
Source : Guardian [Read Article] Tuesday 9th of May 2017 06:46:24 PM
.... That would be a reasonable stance. Montague won’t dare to be so bold, however, since anything less than full-blooded commitment tends to make investors, and the fund managers, nervous. ...
Euro slips after Macron wins French presidency image
Source : BBC [Read Article] Sunday 7th of May 2017 09:50:10 PM
....He has proposed a range of policies combining budget cuts and more labour market flexibility, with public investment and an extension of the welfare state. "Voters elected for Emmanuel Macron's pro-business policy proposals, which have the potential to unlock long-held-back investment and stimulate French markets," said Stephen Mitchell at London-based fund manager, Jupiter Asset Management. ...
Apple can’t just make iPhones for ever. What’s next? image
Source : Guardian [Read Article] Sunday 7th of May 2017 06:00:25 AM
....Corley also received a 27% vote against her re-election. She is the former chief executive of giant investment manager Allianz Global Investors, so this was a case of shareholding fund managers voting against one of their own. ...
Rich List 2017: UK's super-rich carry on making billions image
Source : BBC [Read Article] Sunday 7th of May 2017 12:04:04 AM
.... . "More women, more people from ethnic backgrounds, and more from surprising walks of life, with egg farmers and pet food makers lining up with hedge fund managers and private equity barons. ...
Voices of the 1%: how do Britain's highest earners feel about their income? image
.... Hard work is seen as key for achieving high earnings, and economic disadvantage was talked about as something that could be overcome through aspiration. One hedge fund manager said he was able to achieve huge earnings because he had “unique pricing power” similar to professional footballers. ...
If Barclays CEO is shown the door, let it be for the right reason | Nils Pratley image
.... If Barclays’ chief executive is to be ousted, let it be for the right reason. It is easy to understand why Standard Life and Aberdeen Asset Management, when they merge, would need to shell out a few million quid to fund managers whose services will no longer required. ...
Ocado shares boosted by M&S deal report image
Source : BBC [Read Article] Tuesday 2nd of May 2017 07:52:03 AM
.... . The fund manager also said that its planned merger with Standard Life was "on track" and should be completed later this year. ...
Sir Philip Green and wife took £433m hit last year, says rich list image
....”. He added: “The growing number of women we’re seeing in the Rich List is part of a greater diversity, with more people from ethnic backgrounds and more surprising walks of life, with soft-toy makers and dating-app developers lining up with private-equity barons and hedge-fund managers. ...
CBI warns against Brexit divorce bill row putting EU-UK trade ties at risk image
Source : Guardian [Read Article] Wednesday 26th of April 2017 11:14:03 PM
....”. The conference, organised by prominent leave campaigner and hedge fund manager Paul Marshall, struck a relatively upbeat tone about the impact of Brexit on the economy. ...
Will London survive as a financial centre after Brexit? image
Source : Guardian [Read Article] Wednesday 26th of April 2017 07:08:45 AM
.... The French president, François Hollande, was elected on a claim that the world of high finance was his enemy. Yet the Socialist mayor of Paris recently promised a “red, white, and blue carpet” for any hedge fund manager who buys a one-way Eurostar ticket to the Gare du Nord – a barbed reference to David Cameron’s promise of a red carpet for French bankers fleeing prohibitive tax rates, strikes and restrictive labour laws. ...
Reckitt Benckiser says Mead Johnson takeover on track image
Source : BBC [Read Article] Friday 21st of April 2017 07:17:50 AM
.... . Hargreaves Lansdown fund manager Charlie Huggins said this was the first quarter he could remember where the group had failed to increase its like-for-like sales. ...
Unilever sales rise on higher prices image
Source : BBC [Read Article] Thursday 20th of April 2017 08:45:55 AM
.... The firm said it expects to deliver sales growth of 3% to 5% for the year. "Unilever have been pushed by the Kraft Heinz approach into a more radical pace and scale of change than they had originally chosen for themselves," Steve Clayton, fund manager of the HL Select equity funds, wrote in an analyst note. ...
Brexit’s unpredictable outcome poses risk to global stability, says IMF image
Source : Guardian [Read Article] Wednesday 19th of April 2017 12:30:21 PM
....“Although there is a continuum of possible outcomes from Brexit negotiations, it is likely that financial firms’ ability to operate across jurisdictions will be curtailed to some degree,” the report said. Banking activities were likely to be the most affected by the loss of passport rights – which allow UK-authorised firms, banks and fund managers to conduct business in the other 27 states. ...
FTSE 100 suffers worst day since Brexit vote after May calls election image
Source : Guardian [Read Article] Tuesday 18th of April 2017 05:11:25 PM
....Confidence in the City about an easy victory for the Conservatives was behind much of sterling’s rise, with many speculating that a victory will give May a stronger mandate to plot a moderate line on Brexit and resist hardline anti-EU backbenchers. Keith Wade, chief economist at fund manager Schroders, said: “A successful election would give May the mandate to pursue her own Brexit strategy. ...
UK wine industry to plant 1m vines as sector bubbles with confidence image
Source : Guardian [Read Article] Tuesday 18th of April 2017 06:30:21 AM
....Rathfinny wine estate near Alfriston in East Sussex is one of the largest new vineyards, with up to 400 acres being cultivated. Its owner, the former London hedge fund manager Mark Driver, plans to release its first sparkling wine in 2018. ...
Drax investors rebel on bosses' pay image
Source : BBC [Read Article] Thursday 13th of April 2017 04:07:48 PM
.... . Earlier this year, one of the City's top fund managers warned that executive pay was "too high" and that investors were ready to take stand with firms that awarded hefty rises to bosses. ...
America owes China $1tn. That’s a problem for Beijing, and Trump knows it image
....Other loud voices are also demanding change, finally recognising that runaway executive pay is eroding trust in business. BlackRock, the world’s biggest fund manager, wants an end to directors’ pay that grows faster than ordinary employees’. ...
Why Silicon Valley wants to thwart the grim reaper | John Naughton image
Source : Guardian [Read Article] Sunday 9th of April 2017 06:00:00 AM
....It turns out that death is now perceived as just such a “problem”. Friend quotes a hedge-fund manager waxing lyrical on this. ...
Gender pay gap image
Source : BBC [Read Article] Thursday 6th of April 2017 11:50:56 AM
.... . Some have already volunteered the information - with Schroders fund managers taking the plunge as the first FTSE100 company to go public. ...
Deliveroo's verbal gymnastics show commonsense not on the menu image
Source : Guardian [Read Article] Wednesday 5th of April 2017 06:29:05 PM
....Did you miss Allied Minds, the wonder stock of late 2014? The pitch was potent: a technological lab with privileged access to the best technological ideas from US universities and federal government institutions. It always seemed odd that an investor in US startups was listing in London, but perhaps that was because Allied had been backed for years by lauded UK fund manager Neil Woodford and his former colleagues at Invesco, which only added to the appeal. ...
Boardroom pay: Theresa May must act to curb the excesses | Nils Pratley image
Source : Guardian [Read Article] Wednesday 5th of April 2017 06:32:04 AM
.... Others would describe the system as a sophisticated scam. Even enlightened fund managers are sick of LTIPs and share the committee’s view that “LTIPs impact on incentivising performance is unproven at best, and, at worst, they can create perverse incentives and encourage short-term decision-making”. ...
Ignore the nanny-state claims – credit card firms need to help those in long-term debt | Nils Pratley image
.... Graham Ruddick. Legal & General’s annual corporate governance report reveals that the fund manager voted against 118 pay resolutions and 18 named directors at company meetings in 2016 due to concerns about remuneration. ...
Apple exit sends UK chip firm's shares into freefall image
Source : Guardian [Read Article] Monday 3rd of April 2017 08:10:18 AM
....6p by lunchtime, giving the firm a market value of £275m – compared with more than £2bn in April 2012. Steve Clayton, fund manager at Hargreaves Lansdown, said: “The market has been spooked by the real chance that Imagination could soon swing into substantial losses if Apple do indeed sever their ties. ...
UK households’ savings fall to record low in warning sign for economy image
.... Inflation is expected to rise further to about 3% in the coming months as the sharp fall in the value of the pound since the EU referendum increasingly feeds through to higher shop prices. Rachael Griffin, a financial planning expert at fund manager Old Mutual Wealth, said the figures were a “wake-up call” for people who were prioritising short-term spending over financial security. ...
Plumbing firm Wolseley leads FTSE higher image
Source : BBC [Read Article] Tuesday 28th of March 2017 08:21:08 AM
....Separately, one of Tesco's biggest shareholders has warned that the retailer is paying too much for its planned takeover of wholesaler Booker. Schroders fund manager Nick Kirrage told the BBC that Tesco was paying a "premium" and he had "major concerns" about the deal. ...
Tesco warned over cost of £3.7bn Booker takeover image
Source : BBC [Read Article] Monday 27th of March 2017 06:47:15 PM
....7bn bid for wholesaler Booker is too generous. Schroders fund manager Nick Kirrage told the BBC's Today programme that Tesco was paying a "premium" and he had "major concerns" about the deal. ...
Two Tesco shareholders oppose £3.7bn takeover of wholesaler Booker image
Source : Guardian [Read Article] Monday 27th of March 2017 06:04:28 PM
....Tesco needs a majority of shareholders to vote in favour of the deal at a meeting, so the opposition of two significant investors is a setback for the company. Schroders, one of the City’s best-known fund managers, said in its letter to Allan that the price Tesco was paying for Booker would make creating value for shareholders “extremely challenging”. ...
Protesters target Connecticut's uber wealthy with 'tax bills' in bid to end loophole image
....On Saturday morning, a coachload of local workers, bullhorns in hand, took to Greenwich’s windy lanes for a protest organized by union-backed local community groups and billed as the “Lifestyles of the Rich & Shameless” bus tour. Chanting “El pueblo unido / Jamás será vencido” (“The people united / Will never be defeated”) and “Hey hey, ho ho, tax loopholes have got to to”, a couple of dozen protesters, gently shepherded by local police, left giant “tax bills” totaling close to $3bn for some of the world’s richest hedge fund managers. ...
Is an Isa the best home for your nest egg? image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:03 AM
What next for Next? Decline, if it comes, should still be profitable | Nils Pratley image
....There are honourable exceptions, of course, but do not expect a revolution if the government legislates to make all votes on pay binding. Most fund managers prefer symbolic revolts to the real thing. ...
Unilever is safe, but we need better defences against short-term capitalism image
.... She needs to understand that if even well-run companies like Unilever can be seen as vulnerable, the takeover game has changed. Debt is cheap, fund managers are judged on quarterly performance and 3G’s style of short-termism is fashionable and formidable. ...
Netflix and Tesla overrated? Yes, in this mad, mad world image
Source : Guardian [Read Article] Saturday 18th of March 2017 07:01:32 AM
.... The risk (to the stock market) is that almost everything on Wall Street is priced for a positive outcome. The good news is that despite the FTSE 100 hitting new records, a lot of fund managers regard it as cheap or fair value, and certainly not excessively priced like Wall Street. ...
George Osborne is laughing at us as he takes his Evening Standard job | Aditya Chakrabortty image
.... This recruitment blows that idea out of the water. How will the London Evening Standard scrutinise a government when it’s run by a man who less than a year ago was its de facto number two – and who remains an MP for the ruling party? In the financial capital of the world, how much credibility will the Standard’s City pages command when their ultimate editor is in the pay of a giant fund manager? And how is journalism ever going to become an industry that represents its audience if one of its plum jobs can be lobbed by the son of a Russian oligarch into the lap of a public schoolboy who has never subbed, reported or edited?. ...
Student digs in Britain giving first-class returns image
Source : Guardian [Read Article] Thursday 16th of March 2017 03:40:59 PM
....Cuanalo said his investors were largely unaware of students concerns, but conceded that rents could not continue to be raised every year. This week Collegiate held a golf tournament near Cannesto promote the profitability of student accommodation to global fund managers who descend on the resort town every spring to scope out future investments. ...
Top executives may be brilliant – but their pay's about timing and luck image
.... Extending holding periods, and similar fiddles, can reduce the problem but the structure remains a mathematical nonsense. That is one reason why a few enlightened fund managers would be happy to abolish Ltips altogether and accept that executives’ basic salaries might increase as a result. ...
Forget the fuss – bumper paydays go on for UK's best-paid boss Sorrell | Nils Pratley image
.... He has run rings around the pay police. Star fund manager David Cumming’s departure from Standard Life – announced on Wednesday while the chancellor’s budget was still being digested – looks very odd. ...
The UK economy breaks more records – for all the wrong reasons image
Source : Guardian [Read Article] Thursday 9th of March 2017 06:40:24 PM
.... It notes that the budget changes announced by Hammond pale into insignificance when set against those introduced by George Osborne before he was sacked by Theresa May. The former chancellor – now picking up £650,000 a year for four days work a month at the fund manager BlackRock – pushed through benefit cuts that will mean some families will be £7,000 a year worse off than they would have been otherwise. ...
Osborne to earn £650,000 a year advising US financial firm image
Source : BBC [Read Article] Wednesday 8th of March 2017 08:31:00 PM
. Former Chancellor George Osborne is to be paid £650,000 a year for advising the US fund manager Blackrock. ...
Standard Life's David Cumming to leave firm after 18 years image
Source : Guardian [Read Article] Wednesday 8th of March 2017 03:26:10 PM
. Standard Life has announced the departure of one its highest profile fund managers just days after it revealed an £11bn tie-up with Aberdeen Asset Management. ...
Girl statue faces Wall Street bull to fight gender inequality image
Source : BBC [Read Article] Wednesday 8th of March 2017 12:01:19 PM
....A statue of a young girl has been placed in front of Wall Street's iconic bull, to call attention to gender inequality and the pay gap in the corporate world. The statue was commissioned by one of the world's largest fund managers. ...
Standard Life's Aberdeen deal means job losses – but avoids US takeover image
....An all-Scottish deal at least makes the wider politics easy. There will be job losses but it must be better for Scotland that Aberdeen is not consumed by a US firm and instead becomes part of one that will be Europe’s second largest fund manager. ...
Gina Miller urges FCA investigation into fund management 'price fixing' image
.... It has called for more transparency and an end to hidden fund charges and mis-selling in the City of London’s asset management industry. Miller, who runs SCM Capital with her hedge fund manager husband Alan, said the vast majority of funds sold to small investors charge an annual management fee of 0. ...
Standard Life and Aberdeen seek to tie in key staff in £11bn merger image
Source : Guardian [Read Article] Monday 6th of March 2017 08:06:34 AM
....Standard Life and Aberdeen Asset Management are to offer lucrative lock-ins to key staff to stop them walking out following their £11bn deal to create a fund management powerhouse. The deal to create Britain’s biggest fund manager with £660bn under management has sparked fears that key staff will quit and that hundreds of jobs will be cut in the enlarged businesses as it seeks to cut £200m a year in costs. ...
Aberdeen Asset Management and Standard Life confirm merger terms image
....Fund managers Aberdeen Asset Management and Standard Life have agreed terms for an all-share merger. The move will create one of the UK's largest fund managers, overseeing assets worth £660bn. ...
Standard Life  and Aberdeen Asset Management confirm merger talks image
Source : Guardian [Read Article] Sunday 5th of March 2017 05:57:06 PM
....Hundreds of jobs could be cut if an £11bn merger of two of Scotland’s biggest companies – Standard Life and Aberdeen Asset Management – goes ahead. Talks between the companies about a merger were revealed at the weekend and a tie-up could be confirmed as soon as Monday, creating the second biggest fund manager in Europe and the largest in the UK. ...
Big returns image
Source : BBC [Read Article] Sunday 5th of March 2017 01:39:06 AM
....In fact, if you had chosen well you could now have over £22,000. The figures come from a study by Hargreaves Lansdown, which tracked the performance of 30 equity income fund managers over the 10-year period from December 2006 to December 2016. ...
Standard Life and Aberdeen in talks image
Source : BBC [Read Article] Saturday 4th of March 2017 05:42:59 PM
....It follows a report on Sky News that the companies were exploring an £11bn merger. The move would create one of the UK's largest fund managers, overseeing assets worth £660bn. ...
ITV shouldn't get away with blaming Brexit for falling revenues | Nils Pratley image
....Meanwhile, flotation prospectuses, which detail the company’s financial history and directors’ records, are often published only after the shares have started trading. This is ludicrous, as is the idea that only sophisticated fund managers can be trusted with an early glance during the “investor education” period. ...
Barclays: triple the profits, but still a work in progress | Nils Pratley image
Source : Guardian [Read Article] Friday 24th of February 2017 07:09:13 AM
.... It was an unloved sprawl of international operations and Hester’s self-help decluttering programme was too young to be trusted. City fund managers would have flogged RSA, the folk behind More Than, in an instant. ...
Humbled Unilever aims to show shareholders it values their loyalty image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 07:36:53 PM
.... Unilever is conceding, in effect, that it cannot take its shareholders’ loyalty for granted. Polman was probably told as much by a few powerful fund managers who do not share his love of long-term perspectives. ...
Avoid sky-high costs and charges to get the most out of your investments image
Source : Daily Express [Read Article] Wednesday 22nd of February 2017 12:01:00 AM
. If you are not careful, fund managers can make more money from your pensions, unit trusts and equity Isas than you ever do. ...
Losing banking jobs to EU 'threatens financial stability across Europe' image
Source : Guardian [Read Article] Tuesday 21st of February 2017 06:00:11 PM
....Douglas Flint, the chairman of HSBC, Britain’s biggest bank, said common regulation needed to be agreed with the remaining 27 EU members once Brexit talks got under way or there was a risk of sparking turbulence in the financial system. “One of the critical pieces is the ecosystem that exists, which effectively connects the fund managers to the risk managers to the liquidity providers to the insurance providers and the credit providers … it all benefits from all the other pieces being there,” Flint said. ...
Unilever to mount fierce defence against Kraft Heinz after rejecting £115bn offer image
....Before its merger with Heinz in 2015, Kraft came under fire in the UK for its conduct during the prolonged battle to take over Cadbury, which was later included in the Mondelez snacks business that the US firm spun off in 2012. Steve Clayton, fund manager at Hargreaves Lansdown, said Kraft would have to table a much higher bid to succeed. ...
A stock market crash is a way off, but this boom will turn to bust | Larry Elliott image
....Keynes provided the best explanation for this kind of herd behaviour, noting that markets can remain irrational longer than investors can stay solvent. A fund manager might think stocks are already richly valued but if everybody else is buying then the temptation is to swallow any doubts and do likewise. ...
Calling the latest Greek deal a sticking plaster does disrespect to the Elastoplast image
....This is what happened to Thomas Cook on Thursday, when Standard Life Investments, which owns a 13% stake in the holiday company, made clear its frustrations with the proposed pay rise for boss Peter Fankhauser. The Edinburgh-based fund manager not only voted against a number of the resolutions on pay but also against the re-election to the board of the non-executive directors who sit on the remuneration committee. ...
Sub-prime cars: are car loans driving us towards the next financial crash? image
Source : Guardian [Read Article] Friday 10th of February 2017 03:29:36 PM
.... Per head, the British are buying more new cars than any other large country in Europe. Car financing in the UK is a “flashing light”, according to Andrew Evans, a fund manager at investment firm Schroders. ...
GSK needs no medicine despite talk of poor performance image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:49:04 PM
....In its sharpest form, the theory runs that GSK would be better broken up into its constituent parts – pharmaceuticals, consumer healthcare and vaccines, plus the ViiV joint venture in HIV therapies. Lauded fund manager Neil Woodford once described GSK as being four FTSE 100 companies bolted together. ...
Savers warned: Here are the 10 big ISA mistakes to AVOID ahead of deadline  image
Source : Daily Express [Read Article] Wednesday 8th of February 2017 05:57:00 PM
.... Likewise no-one ever lost money taking a profit. "The best fund managers recognise their mistakes quickly and get out, they also sell their successes once they think the investment has become expensive, even though the share price might continue to rise. ...
Church of England: we'll vote to block excessive boardroom pay deals image
Source : Guardian [Read Article] Tuesday 7th of February 2017 05:31:51 PM
....It is joining the chorus of voices expressing concern about executive pay in a year in which large numbers of companies are putting their bonus deals to a binding vote – rather than an advisory one – at their AGMs. “We voted against two-thirds of remuneration reports that were proposed last year,” said Adam Matthews, head of engagement for the Church Commissioners – an investment fund manager that is a member of the Church Investors Group – and Church of England Pensions Board. ...
Paris steps up drive to woo London bankers uprooted by Brexit image
Source : Guardian [Read Article] Monday 6th of February 2017 04:04:18 PM
....Paris is targeting the “tens of thousands” of bankers its hopes will be driven out of London by Brexit, dangling the promise of tax breaks and flexible redundancy rules to complement the French capital’s cultural charms. In one of the most aggressive marketing initiatives yet, a delegation of political and business leaders from France met representatives of about 80 banks and fund managers for a summit on Monday on the 37th floor of the Shard in central London. ...
Is it time to grab a bigger share of the stock market? image
Source : Daily Express [Read Article] Sunday 5th of February 2017 12:01:00 AM
.... Private investors should spread their risk by taking out an investment fund run by a leading manager or a low-cost tracker fund. Terry Smith, who runs Fundsmith Equity, is currently the UK’s most popular fund manager, according to research from AJ Bell. ...
UK home to 80% of top-earning European bankers image
Source : Guardian [Read Article] Thursday 2nd of February 2017 11:00:28 AM
. More than 4,000 City-based bank workers were paid more than €1m (£850,000) in 2015 – including one fund manager who received nearly €34m. ...
Leading investor signals it may oppose City bosses' pay rises image
Source : Guardian [Read Article] Wednesday 1st of February 2017 12:02:54 PM
....With Imperial Brands having to abandon a resolution before its annual general meeting on Wednesday that would have led to a multimillion-pound a pay rise for its chief executive, Alison Cooper, major City investors appear ready to block huge renumeration deals during this year’s AGM season. Euan Stirling, head of stewardship at the Edinburgh-based fund manager, said: “The remuneration committee will have to be very persuasive, that all other things being equal, the chief executive should be paid more. ...
Has Vodafone finally got the right Idea in India? image
Source : Guardian [Read Article] Monday 30th of January 2017 07:07:50 PM
.... But we should probably get over such squeamishness. If it is OK for the former chancellor George Osborne to earn £200,000 a year advising the fund manager BlackRock while remaining an MP, McDermott’s move barely merits a footnote. ...
Booker Tesco deal has hedge funds in a funk image
Source : Guardian [Read Article] Sunday 29th of January 2017 07:00:17 AM
....From this week, we might start to see if shareholders and regulators agree, as documents are made available and the process of addressing possible competition concerns begins. There may be another process gathering some pace this week, too – that of a few hedge fund managers desperately trying to justify why they thought it was clever to bet on a fall in Tesco’s shares, just as news of the deal prompted a 10% increase. ...

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