Henderson hands international property unit to Aviva Investors July 7, 2010 FUND management group Henderson has transferred its international property fund over to Aviva Investors following a strategic review of the fund’s prospects. The international property fund, which faltered under previous owner New Star as redemptions ballooned in the credit crisis, was only re-opened to daily dealing in February after a closed period of over a [...]
FTSE ends at three-month low on Japan crisis March 14, 2011 The FTSE slumped to a three-month low at market close as traders digested the humanitarian disaster emerging from Japan’s earthquake and tsunami. Risk appetite sank, with only non-nuclear energy firms boosted by the disaster, up as the threat of a nuclear explosion in one of Japan’s three damaged power stations remained high. The FTSE 100 [...]
TOP LAWYERS CALL FOR QUOTAS TO BOOST WOMEN IN THE BOARDROOM March 13, 2011 SOME of the UK’s most high-powered female lawyers convened at the Southbank Centre on Saturday afternoon to debate the “chronic inequality” at City law firms. The panel, chaired by Denise Jagger from legal practice Eversheds, which organised the event, contained some of the most high-powered women in the industry (pictured right), including Lucy Scott-Moncrieff, deputy [...]
TOP LAWYERS CALL FOR QUOTAS TO BOOST WOMEN IN THE BOARDROOM March 13, 2011 SOME of the UK’s most high-powered female lawyers convened at the Southbank Centre on Saturday afternoon to debate the “chronic inequality” at City law firms. The panel, chaired by Denise Jagger from legal practice Eversheds, which organised the event, contained some of the most high-powered women in the industry (pictured right), including Lucy Scott-Moncrieff, deputy [...]
Touching distance March 13, 2011 ENGLAND (22) vs SCOTLAND (16) Grand Slam just one win away after England survive a scare to defeat tenacious Scotland ENGLAND manager Martin Johnson admits major improvement is needed if his side are to complete the Grand Slam in Dublin next weekend. Scotland put up brave resistance at Twickenham yesterday but eventually succumbed to Tom [...]
Pressure rises on F&C ahead of vote January 30, 2011 WITH just three days to go before F&C Asset Management’s boardroom showdown with activist shareholder Sherborne Investors on Thursday, mood in the City has swayed toward the F&C board. Early enthusiasm for Sherborne’s proposed board takeover, replacing chairman Nick MacAndrew with its founder Edward Bramson, has been replaced with caution as investors weigh their options. [...]
Aviva aims for clarity with its £8bn forecast July 1, 2010 INSURANCE firm Aviva will tell investors today it expects to boost the amount of capital it generates by at least 30 per cent this year to £1.3bn. The firm will also say its existing book will return £8bn in the next five years, in an effort to clarify its money-making potential to investors. Aviva is [...]
THE TIPSTER January 23, 2011 AN INTERIM management statement is due from Sage, the software service provider, on Wednesday. Renewed confidence in the economy should bode well for the company, which has seen shares creep back to the levels it achieved before the credit crunch. Admittedly, the stock remains a long way below the all time highs of the dot-com [...]
THE TIPSTER January 23, 2011 AN INTERIM management statement is due from Sage, the software service provider, on Wednesday. Renewed confidence in the economy should bode well for the company, which has seen shares creep back to the levels it achieved before the credit crunch. Admittedly, the stock remains a long way below the all time highs of the dot-com [...]
CITY MOVES | WHO’S SWITCHING JOBS February 2, 2011 Betfair The bookies have appointed a new non-executive director to its board: Baroness Denise Kingsmill. She will also sit on the company’s audit committee in this role. Kingsmill has experience serving on the competition commission, of which she was deputy chairman 1996-2003, and she has also chaired three reviews and taskforces for various government departments. [...]