Carling’s French fancy: England great predicts Sarries heartache April 24, 2014 FORMER England captain Will Carling fears Saracens will again come up short in their quest to reach a first European final tomorrow. The Aviva Premiership leaders take on French powerhouses Clermont Auvergne in the Heineken Cup semi-final at Twickenham, looking to end their hoodoo against cross-channel opponents having lost at the same stage last year [...]
Best of the Brokers for 12 March 2014 March 11, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com AVIVA RBC Capital has moved its target price on the insurer from 400p to 550p and upgraded the stock from “underperform” to “neutral” following last week’s results, saying that a return to top-line growth in its life business and management drive to improve [...]
Pension providers’ shares plunge on non-compulsory annuities March 19, 2014 Shares in UK-listed pension providers are feeling the heat after chancellor George Osborne’s announcement that pensioners will no longer have to buy an annuity. Shares in Legal & General have plummeted seven per cent, to 214p. Source: Google Aviva has shed over four per cent to 495p, and Standard Life has seen shares fall almost [...]
Shareholders vote in favour of F&C takeover March 25, 2014 F&C ASSET Management is on the verge of becoming a subsidiary of Canadian lender Bank of Montreal after shareholders yesterday voted through the £708m takeover deal. Almost all of F&C’s shareholders that voted – approximately 99.6 per cent – supported the deal. The owners of 58 per cent of the company’s shares voted. The F&C [...]
Wasps fail to match Sarries knock-out run April 27, 2014 LONDON Wasps yesterday failed to join Saracens in securing European final action next month – and director of rugby Dai Young admitted they had only themselves to blame. Saracens will take on defending champions Toulon in the Heineken Cup final in May after recording the largest ever semi-final winning margin in the weekend’s 46-6 hammering [...]
Any Other Business – 14/04 April 14, 2014 THERE’S a manhunt afoot following Southeastern’s revelation that a senior City executive, thought to be a hedgie, had racked up a record breaking £43,000 in dodged fares over the past five years and had to pay out a £42,550 penalty plus £450 in legal fees in the past few weeks. The fund manager had been [...]
Robson: Quins can win without Six Nations stars March 20, 2014 HARLEQUINS will be without their England stars tomorrow, but lock George Robson insists his side will not be lacking in stardust for their derby trip to Wembley. Quins director of rugby Conor O’Shea has opted to rest Red Rose quartet Mike Brown, Danny Care, Joe Marler and captain Chris Robshaw for the Saracens clash in [...]
City Moves for 25 April 2014 | Who’s switching jobs April 24, 2014 Mayfair Capital The investment management company has hired Gill Roantree as chief operating officer. She joins from Schroder Property, where she was head of investment support. Towers Watson The professional services business has appointed Scott Robinson as UK head of its life insurance practice. He joined in 1997, and was most recently head of its Manchester [...]
McCall thrilled as in-form Sarries storm toward a home semi-final April 13, 2014 SARACENS director of rugby Mark McCall feels his side are storming toward sealing home advantage in the Aviva Premiership Rugby play-offs after seeing off Northampton Saints 28-24 yesterday. A late burst from Saints threatened to derail Sarries’ perfect day as Luther Burrell and George North dotted down in the final 10 minutes. However, David Strettle, [...]
London Report: Osborne’s speech sinks insurers and gambling groups March 19, 2014 BRITAIN’S top shares fell yesterday as major insurance stocks suffered a sell-off after changes announced in the Budget threatened their profits. George Osborne also dealt a blow to gambling companies such after he announced a new tax on certain betting machines. The drop in insurers’ shares took the most points off the blue-chip FTSE 100 [...]