CITY MOVES | WHO’S SWITCHING JOBS July 25, 2012 Tullow Oil Anne Drinkwater has been appointed non-executive director at the oil and gas exploration group. She joins after a long career at BP, where she was most recently president and chief executive of BP Canada. Akbank Josef Ackermann has been appointed to the international advisory board of the Turkish bank. He will work alongside [...]
RAPID RESPONSES July 25, 2012 Green fiasco [Re: UK energy policies are sabotaging industry’s global competitiveness, Tuesday] Tony Lodge gets right to the core of why we can’t climb out of recession. The Climate Change Act, passed as the economy tipped off a cliff, stands as one of the greatest acts of stupidity in living memory. Britain won’t grow if it’s [...]
Swiss split particles while funds join forces July 3, 2012 IT’S set to be an explosive Fourth of July. Quite apart from the fireworks at the Treasury select committee, today in Geneva the atom-smashers at Cern will announce signs of the elusive Higgs boson, a key component to explaining the property of mass in the universe. Winton Capital was said to be recruiting in Geneva [...]
Tokyo tops cost of living table for expatriates June 11, 2012 TOKYO is the most expensive city in the world for expatriates to live in, according to research released this morning, regaining its top position from Luanda, the capital of Angola. London – which has previously been as high as second on the list – is now in 25th place, behind the likes of São Paulo, Beijing [...]
Deloitte adds 63 in bumper partner round June 6, 2012 BUSINESS services firm Deloitte yesterday announced its latest round of promotions, with 63 new partners taking up roles from the beginning of this month. The bumper crop of partners matches the number that were promoted last summer, and includes 32 who will become full equity partners. The majority of the promotions were made in the firm’s [...]
Charities need to be innovative to beat tough times May 29, 2012 PUBLIC services are being opened up to a variety of providers. If you go swimming, social enterprise Greenwich Leisure Limited, not the council, may well be running the pool. Your rubbish is more likely to be collected by a private company. And if you have a relative in need of social care, then it’s likely [...]
Hedgie Harding looks for brain gain in Zurich May 28, 2012 THE HEDGE fund set up by star trader David Harding plans to open a base in Switzerland in order to tap into the pool of talent which has been swelled by scientists pursuing the origins of the universe. Winton Capital Management, which uses scientific research to spot patterns in market behaviour and currently has about [...]
CITY MOVES WHO’S SWITCHING JOBS May 27, 2012 Legal & General Property The institutional property fund manager has made several appointments to its research team. Head of research Rob Martin has been promoted to the board of Legal & General Property. He joined the firm from Hammerson in October 2006. Barbora Melezinkova has been appointed performance analyst. She joins from IPD, where she [...]
Manduca in line for chairman’s role at the Pru May 20, 2012 PAUL MANDUCA, one of the City’s best-known fund managers, is set to become the new chairman of Prudential, putting an end to a five-month search for Harvey McGrath’s successor. Manduca, 60, joined the board of Prudential, the UK’s biggest life assurer, as a senior independent director in October 2010 and has been overseeing the search [...]
WHO’S SWITCHING JOBS May 16, 2012 Brooks Macdonald The private client investment manager has announced the appointment of Justin Woolf to its intermediary sales team. He joins as an intermediary sales manager from Zurich Intermediary Group, where he was a senior broker consultant. Woolf has over 15 years’ experience in the financial services industry. Thomas Miller Investment The investment management firm [...]