Investors call for improved stewardship March 18, 2012 A GROUP of major asset managers including Aviva and BlackRock are calling today for reforms to improve the stewardship of UK companies. The group’s report argues for the development of a framework for equity investors to identify the level of stewardship they plan to undertake, helping asset owners to make better decisions. It also calls [...]
Investors call for improved stewardship March 18, 2012 A GROUP of major asset managers including Aviva and BlackRock are calling today for reforms to improve the stewardship of UK companies. The group’s report argues for the development of a framework for equity investors to identify the level of stewardship they plan to undertake, helping asset owners to make better decisions. It also calls [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 11, 2012 FINANCIAL TIMES Aviva considers plans for sale of US division Aviva is considering plans to sell its life assurance business in the US in a move analysts estimate could raise at least £1bn and mark an exit from one of the UK-listed group’s core markets. Andrew Moss, chief executive, told investment managers at a recent [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 11, 2012 FINANCIAL TIMES Aviva considers plans for sale of US division Aviva is considering plans to sell its life assurance business in the US in a move analysts estimate could raise at least £1bn and mark an exit from one of the UK-listed group’s core markets. Andrew Moss, chief executive, told investment managers at a recent [...]
FTSE slumps to fresh 2012 low May 8, 2012 A slump in heavyweight mining stocks drove Britain’s benchmark share index down to its lowest level since the start of 2012 yesterday, after Greece’s commitment to bailout pledges was put into question – and dealers said further falls were likely. The FTSE 100 index ended down 100.51 points, or 1.8 per cent, at 5,554.55 points [...]
FTSE pares back gains after China’s weakness punctures Eurozone relief June 21, 2012 BRITAIN’S leading share index dropped back yesterday, snapping a four-session winning streak on falls in heavyweight commodity stocks which were hit by fresh signs of economic weakness in China and concerns over growth in the United States. Energy stocks and miners were the biggest blue chip casualties, with the two sectors particularly sensitive to the [...]
Invensys surges 27 per cent as talks of bid from US resurface June 20, 2012 SHARES in Invensys surged by 27 per cent yesterday on talk of a bid from US rival Emerson Electric. The rumours suggested Emerson was mainly interested in the company’s controls business and not the rail division, but would be willing to buy the whole lot to achieve its aims. That was enough to see Invensys [...]
Xstrata and WPP ignore shareholder spring at their peril June 7, 2012 EVEN before the phrase “shareholder spring” was uttered, it was clear that investors were becoming unruly. More often than not it was strategy rather than executive remuneration that caused discontent. Much of the recent unrest, ostensibly about pay, is really about direction. Andrew Moss, the former Aviva boss, could have paid himself £1 last year [...]
Robshaw lifts Quins for Saracens clash March 30, 2012 HARLEQUINS stand-in skipper George Robson believes the return of captain Chris Robshaw is the perfect fillip ahead of tomorrow’s Aviva Premiership table-topping clash with Saracens at Wembley. Robshaw, 25, is back to bolster the Quins pack for the first time since captaining England to second place in the Six Nations, with revenge on the menu [...]
Robshaw lifts Quins for Saracens clash March 30, 2012 HARLEQUINS stand-in skipper George Robson believes the return of captain Chris Robshaw is the perfect fillip ahead of tomorrow’s Aviva Premiership table-topping clash with Saracens at Wembley. Robshaw, 25, is back to bolster the Quins pack for the first time since captaining England to second place in the Six Nations, with revenge on the menu [...]