Behind the hype: Machine learning in investment management August 11, 2017 In a recent article, I discussed some of the significant progress being made in machine learning–enabled artificial intelligence and some of its potential drawbacks as well as the challenges it poses for regulators. Now, I want to bring your attention to a very interesting Barclays report that looks at the deployment of quantitative fund strategies, [...]
David Davis sets out post-Brexit vision for financial services November 14, 2017 David Davis has committed to protecting talent within financial services after Brexit, as he gives his clearest indication of the government’s thinking for the sector yet. Speaking at UBS this morning, the Brexit secretary set out his vision of the City’s future relationship with the EU after March 2019, based on three key planks: protecting [...]
HondaJet review: For the businessman with not a minute to spare, the HondaJet is an exciting entry into the corporate jet market November 13, 2017 Soichiro Honda founded the company with motorcycles but always dreamt of making an aircraft. Others within his firm shared this and, through the years, it has spent billions pursuing it. The result was launched in 2016: the HondaJet. Take that, Mercedes-Benz and BMW: you may have a plethora of luxury cars, but none of you [...]
Big fish: The seven largest types of institutional investors March 7, 2018 Say whatever you want about the world, but there’s never been a better time to be an end investor. Many things investment professionals fear — fee compression, automation, artificial intelligence (AI), and blockchain — benefit clients through higher account balances and lower fees. Asset owners are the largest of those clients. Though they are frequently [...]
London Heathrow airport confident of keeping airport charges ‘close to current levels’ during expansion as it unveils flying first-half earnings July 27, 2017 Heathrow said today it is making “good progress” towards meeting the task set by the government to deliver expansion without bumping up airport charges as it unveiled solid first-half results. Read more: Government says Heathrow vote will be pushed back until next year The figures Adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) rose [...]
Heathrow airport eyes a series of “viaducts” over the M25 as a simpler solution to its £17bn third runway June 4, 2017 Heathrow Airport is considering plans to construct its third runway across a series of “viaducts” that would cross above the M25. These would consist of three parallel bridges, the widest of which would be the runway itself and two thinner ones which would be taxiways for planes. The plans were presented to an engineering conference [...]
Crossrail funding contributions from developers forecast to hit £600m target for a year ahead of schedule August 18, 2017 The funding target for contributions from developers for the £14.8bn Crossrail project will be reached a year ahead of schedule, according to the latest forecast from Transport for London (TfL). As part of the funding arrangement with government, TfL is to raise £600m towards Crossrail through a combination of the mayoral community infrastructure levy (MCIL) [...]
Autumn Budget 2017 at-a-glance guide: All the announcements by chancellor Philip Hammond you need to know November 22, 2017 Chancellor Philip Hammond has unveiled the Autumn Budget, saying the UK must “seize the opportunities” for Britain and promised to invest “to secure a bright future”. Now we’ve heard plenty about what was expected from today, from a concerted focus on housing, to a regulatory revamp for driverless cars and a slew of tech spending. [...]
Construction sector leader calls on government to do more to amid spiralling material prices August 1, 2016 The construction sector is being battered by high material prices, a weak pound, private sector uncertainty and a lack of public housing investment, the Federation of Master Builders (FMB) said today. In the week that sees two of the largest building suppliers release their results, the FMB said that two-thirds of bosses were anticipating further rises in material costs [...]
UK house prices: What the General Election results mean for the property market June 9, 2017 The result of the General Election, which saw Conservative leader Theresa May lose her majority, has left Britain shocked. But what will it mean for the property market? While some experts think uncertainty may return to the sector, others think the property market will continue to remain strong. Take a look at what experts have [...]