Which lockdown habits could last a lifetime? March 22, 2021 | City Talk “Prediction is very difficult, especially about the future.” This cautionary quip, attributed to Nobel Prize winning quantum physicist Niels Bohr, is applicable to anyone making forecasts, and particularly investors at this point in time. Stock markets will continue to be buffeted by daily newsflow around the pandemic. Successful investing in consumer stocks over the next [...]
Why transparency is key to see through the greenwash March 22, 2021 | Sponsored Adam Robbins, senior investment relationship manager at Triodos Investment Management, offers his view as to why transparency is so important when you’re exploring the many shades of ‘green’ impact investments. Globally, there are undeniable changes shaping our future, such as climate change, ecosystem collapse, population growth, and scarcity of natural resources. Add to those the [...]
Investors sue Hargreaves Lansdown over losses linked to Neil Woodford collapse March 22, 2021 Investors who lost money when Neil Woodford’s flagship fund collapsed are suing financial adviser Hargreaves Lansdown and corporate director Link in a bid to recoup their savings. The legal action, led by RGL Management, will centre around losses sustained directly as a result of the failure of the Woodford Equity Income Fund in 2019. It [...]
Treasury mulls slashing higher-rate tax relief on pensions contributions March 20, 2021 The Treasury is reportedly considering huge cuts to tax relief on pensions contributions amid the spiralling cost of measures brought in during the pandemic. On 23 March, which has been dubbed “tax day”, the Treasury will announce new consultations on proposed taxation reforms, which could include reforms to pension tax. When people pay into their [...]
Payments group Wise mulls direct London listing March 19, 2021 Payments company Wise, formerly known as Transferwise, is reportedly looking to list in London without selling new shares to investors. Upheld as one of the UK’s most successful startups, having reached unicorn status in 2015, Wise has long been considered a candidate for an IPO. The fintech, which was most recently valued by private investors [...]
What investors can learn from Bill Gates’ climate warning March 19, 2021 | City Talk When one of the world’s wealthiest individuals writes a book on avoiding climate disaster – and suggests changes we all need to make to our lifestyles – it is easy to be cynical. But the high-profile intervention of Microsoft founder Bill Gates in the climate change debate should be welcomed. This is not just a [...]
Winners of the 23rd Awards For Achievement announced! March 18, 2021 | City Talk 23rd Awards For Achievement– Winners announced Women in Banking and Finance today held its 23rd Annual Awards for Achievement, marking its 40th anniversary while celebrating the achievements of four individuals and a team for their work promoting diversity and gender equality in banking and finance. With Citi as headline sponsor, hosted by Kate Thornton, broadcaster [...]
The artificial intelligence influencers that you should be following March 18, 2021 | City Talk Artificial intelligence (AI) is the ultimate manifestation of the promise of technology to improve our lives. Within our lifetimes AI will become omnipresent across every segment of economic activity and within every field of human endeavour. But AI is not a single genus but a constellation of technologies that must work together in harmony. By [...]
Exclusive: City’s venture capital guru on Brexit, fundraising and impact investing March 17, 2021 With Brexit just behind us, and the pandemic gradually being brought under control, it seemed like a good time to measure the temperature of London’s venture capital investment space. City A.M. sat down with David Hall, for his first major interview as chairman of the Venture Capital Trust Association, since succeeding Stuart Veale in January [...]
Is fintech fueling financial M&A’s rebound? March 17, 2021 | Sponsored According to our latest market brief, Fintech will be the wind in the sails of Financial M&A this year. The world was dealt a historic one-two punch in 2020 with the COVID-19 pandemic which infected and killed millions of people. As a result of government-ordered shutdowns and travel bans, the shuttering of economies worldwide led [...]
