3i shares surge on interest from activist investor January 29, 2013 SHARES in private equity firm 3i Group jumped three per cent yesterday after it revealed that activist investor Edward Bramson’s Sherborne Investors and its broker Jefferies has been buying up shares. 3i took the unusual step of declaring to the market that Sherborne had bought 0.7 per cent of the firm’s share capital during January, [...]
Wasps pack out to sting Saracens in derby November 1, 2012 LONDON Wasps are on a high following four straight wins, but hooker Tom Lindsay has bad news for Saracens ahead of Sunday’s Aviva Premiership clash – insisting the forwards are still not satisfied. Last season’s woes – where Wasps survived the drop on the last day of the season – seem a thing of the [...]
Monye making his mark after returning to international frame October 25, 2012 RETURNING England wing Ugo Monye believes he is returning to his best form following an impressive start to the season. Monye was one of four additions to England coach Stuart Lancaster’s 32-man squad yesterday. The 29-year-old flyer has already racked up four tries to sit joint top of the league scorers for Harlequins, who are [...]
Investors force Aviva boss to reject pay rise April 30, 2012 ACTIVIST shareholders yesterday claimed victory after the boss of Britain’s second biggest insurer was forced into a humiliating climbdown on the size of his pay packet. Andrew Moss, chief executive of Aviva, decided to waive his 2012 salary increase as part of a review of the firm’s executive pay policy, launched in response to pressure [...]
Hodgson out for six weeks November 7, 2012 RUGBY UNION: Saracens have suffered a blow after in-form fly-half Charlie Hodgson was ruled out for six weeks with a fractured cheekbone. The sure-kicking former England No10, who has amassed 90 points this season, suffered the injury in Sunday’s 29-24 Aviva Premiership win over Wasps.
Asian growth makes up for woe in Europe at Innovation Group December 5, 2012 INNOVATION GROUP, the business software and processes firm, reported a 10 per cent rise in annual revenues yesterday, as it said growth in Asia had made up for tough conditions in southern Europe and the US. The company, which provides outsourcing services to the insurance, automotive and property industries, has expanded its reach via multiple acquisitions. [...]
Aviva reshuffle sees departure of three execs April 19, 2012 IGAL Mayer, the head of insurer Aviva’s flagship European business, has lost his job in a boardroom shake-up designed to “simplify” management and boost profits. Alain Dromer, head of Aviva’s fund management arm, and North American boss Richard Hoskins are also set to leave the firm, the insurance giant said yesterday. “The departure of the [...]
Who’s switching jobs December 18, 2012 Adveq The asset management firm has promoted Sanjay Gupta to executive director. He joined in 2008 as a senior associate in its investment management team, and he is currently head of the Adveq Opportunity programme and leads its US buyout and turnaround investment activity. State Street Global Advisors The asset management division of State Street [...]
Wandisco leads the way for UK technology flotations January 24, 2013 We have already seen the likes of Luxfer, Edwards and Manchester United list in New York when they might have been expected to grace the London flotation markets. Now there are rumblings that Intelligent Energy, a clean energy technology, might look overseas for a listing if it chooses to go for one. And my fellow [...]
Farrell ascends to Lions staff as Edwards partnership cut short December 11, 2012 ENGLAND defence coach Andy Farrell is today set to complete the latest chapter in his meteoric rise by being named a key figure in Warren Gatland’s backroom team for next year’s British and Irish Lions tour. Gatland is poised to name Farrell alongside England forwards specialist Graham Rowntree and Wales backs expert Rob Howley, who [...]