FUND MANAGEMENT NEWS August 10, 2010 NEW INDIAN DEBT FUND TO LAUNCH ACPI Investments has announced the launch of one of the first Indian bond funds available in Europe. The fund is looking for strong rupee appreciation along with further de-regulation in the corporate sector to boost returns. It plans to invest in securities issued by the Indian government, debt issued [...]
FUND MANAGEMENT NEWS August 10, 2010 NEW INDIAN DEBT FUND TO LAUNCH ACPI Investments has announced the launch of one of the first Indian bond funds available in Europe. The fund is looking for strong rupee appreciation along with further de-regulation in the corporate sector to boost returns. It plans to invest in securities issued by the Indian government, debt issued [...]
The man who is helping investors to take the smartest risk possible November 3, 2010 FOR somebody who has just stepped off a night flight from New York, Michael Thompson is remarkably cheery and animated when we meet in the Canary Wharf offices of Standard and Poor’s (S&P). Perhaps it’s the large coffee he admits to having drunk earlier or maybe it’s because he has become a more regular transatlantic [...]
BEST OF THE BROKERS June 9, 2010 NOVARTIS Citigroup gives Novartis a “buy” rating but warns that the commercial opportunity for drug Gilenia could be restricted by FDA safety concerns. Citi said its forecasts for sales of $780m by 2014 do not seem conservative and the appeal of the stock is the above-average earnings per share growth and low valuation. SABMILLER JP [...]
BEST OF THE BROKERS June 9, 2010 NOVARTIS Citigroup gives Novartis a “buy” rating but warns that the commercial opportunity for drug Gilenia could be restricted by FDA safety concerns. Citi said its forecasts for sales of $780m by 2014 do not seem conservative and the appeal of the stock is the above-average earnings per share growth and low valuation. SABMILLER JP [...]
CITY MOVES | WHO’S SWITCHING JOBS August 11, 2010 Coutts The private bank has appointed Jeff Stubberfield as a commercial banker in its media banking team, looking after clients in the music, TV and entertainment business. Stubberfield has over 15 years of experience in financial services and joins from Barclays, where he spent eight years, latterly as a relationship director managing a portfolio of [...]
BANK BOSS DIMON HIT BY HOUSE PRICE WOES September 5, 2010 LIFE sucks if you’re the boss of one of the world’s largest banks in the wake of the crisis – not only are you required to defend your dwindling pay package and parry stinging verbal attacks from politicians on an almost daily basis, but you’re also cursed with ill luck in the real estate arena. [...]
Depressed mining stocks are finally starting to look attractively valued July 12, 2010 IT WAS a tough second quarter for London-listed miners, which were dealt a severe blow by a toxic combination of general risk aversion, a planned tax on miners’ profits in Australia and a government-orchestrated slowdown in China. After reaching 25,356.51 on 6 April – its best level since July 2008 – the FTSE 350 mining [...]
Depressed mining stocks are finally starting to look attractively valued July 12, 2010 IT WAS a tough second quarter for London-listed miners, which were dealt a severe blow by a toxic combination of general risk aversion, a planned tax on miners’ profits in Australia and a government-orchestrated slowdown in China. After reaching 25,356.51 on 6 April – its best level since July 2008 – the FTSE 350 mining [...]
GOVERNANCE TRAINSPOTTERS GET KNICKERS IN A TWIST OVER FLINT September 27, 2010 IT’S been a tiring week for HSBC, which is currently juggling the handling of a full-scale management game of musical chairs, the fallout from its leaky succession-planning AND a band of disgruntled sticklers for corporate governance among its shareholder base. So it’ll come as a welcome surprise for the bank to learn that a conservative [...]