CITY MOVES | WHO’S SWITCHING JOBS June 23, 2010 JP Morgan India Gary-Martin has joined the investment bank as global head of location strategy and performance metrics. Gary-Martin was previously at the Royal Bank of Scotland, where she led the implementation of the government’s asset protection scheme for the bank’s global banking and markets division. She is also president of the City Women’s Network [...]
CITY MOVES | WHO’S SWITCHING JOBS June 23, 2010 JP Morgan India Gary-Martin has joined the investment bank as global head of location strategy and performance metrics. Gary-Martin was previously at the Royal Bank of Scotland, where she led the implementation of the government’s asset protection scheme for the bank’s global banking and markets division. She is also president of the City Women’s Network [...]
SPREAD BET GURU July 11, 2010 MARKET STRATEGIST josh@cityindex.com Q. Dear Josh, which are the major companies announcing this week and what is the sentiment likely to be for the new earnings season? A. This week marks the start of the second quarter US earnings season and already we have started to see equity prices fluctuate in anticipation of results. Last [...]
SPREAD BET GURU July 11, 2010 MARKET STRATEGIST josh@cityindex.com Q. Dear Josh, which are the major companies announcing this week and what is the sentiment likely to be for the new earnings season? A. This week marks the start of the second quarter US earnings season and already we have started to see equity prices fluctuate in anticipation of results. Last [...]
Matthey hits full-year goal June 3, 2010 JOHNSON Matthey, the world’s largest supplier of catalytic converters, expects good progress in the first half of 2010/11 while considerable short-term uncertainties about the global economy remained. Underlying pre-tax profit declined five per cent to £254.1m in the year to the end of March as vehicle production was slashed amid the global recession. Ten analysts [...]
CITY MOVES | WHO’S SWITCHING JOBS June 22, 2010 Heartwood The wealth manager has hired Michael Stanes as an investment director, playing a key role in the asset allocation process as well as managing portfolios for ultra high net worth clients. Stanes previously spent 15 years at Mercury Asset Management / Merrill Lynch Investment Managers and then joined Goldman Sachs Asset Management as an [...]
Jupiter owns up to its star manager risk June 2, 2010 FUND manager Jupiter yesterday admitted 38 per cent of its assets under management are reliant on just four individuals, posing a considerable risk to the success of its business in the event of any of them quitting. The admission, contained in the float prospectus, comes after Jupiter emphasised to investors in pre-IPO marketing that its [...]
The top team must drive a hard bargain with News Corporation June 15, 2010 THE eight independent directors charged with looking after interests of BSkyB shareholders are an experienced stellar bunch. But the group will come under scrutiny because they may be perceived as being too close to News Corporation head Rupert Murdoch who was chairman of Sky until 2007, and was replaced by his son James. The gang [...]
The top team must drive a hard bargain with News Corporation June 15, 2010 THE eight independent directors charged with looking after interests of BSkyB shareholders are an experienced stellar bunch. But the group will come under scrutiny because they may be perceived as being too close to News Corporation head Rupert Murdoch who was chairman of Sky until 2007, and was replaced by his son James. The gang [...]
White House hits out over yachting race June 20, 2010 THE WHITE House has hit out at BP chief executive Tony Hayward, who was spotted on his yacht just off the Isle of Wight over the weekend. US President Barack Obama’s chief of staff, Rham Emanuel said that Hayward’s trip was “part of a long line of PR gaffes and mistakes”. He said: “To quote [...]