FUND MANAGEMENT NEWS April 13, 2010 FUND MANAGERS MOVE OVERSEAS The prospect of tighter regulation and higher taxes has led to an 80 per cent increase in fund managers’ enquiries about relocation from the UK, according to Laven Partners, the consulting group. The prospect that the fund management industry will be exposed to new rules from the Alternative Investment Fund Management [...]
FTSE falls as economic woes hit banks and commoditiesTHE LONDON REPORT August 18, 2010 Banks and commodity stocks pushed Britain’s top shares lower yesterday, with worries over the global economic recovery knocking sentiment and weak volumes exacerbating stock moves as the FTSE 100 remained range-bound. The FTSE 100 closed down 47.68 points, or 0.9 per cent, at 5,302.87 after ending 1.4 per cent higher on Tuesday at 5,350.55 for [...]
Banks and miners push FTSE to its highest close in a week August 17, 2010 FINANCIAL stocks and commodity companies pushed Britain’s top share index up for a third session by the close on Tuesday, as fears about a global economic slowdown abated and raw material prices gained. The FTSE 100 ended up 74.45 points, or 1.4 per cent, at 5,350.55, its highest close in a week. Miners were firmer, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 20, 2010 FINANCIAL TIMES STUDY POINTS TO PENSION GAP AMONG EXECUTIVES Executives at FTSE 100 companies earn retirement benefits that cost roughly twice as much as those offered to those in the FTSE 250, according to a study released on Wednesday. The study, prepared by actuarial consultants Lane, Clark & Peacock, looks at the way FTSE 250 [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 20, 2010 FINANCIAL TIMES STUDY POINTS TO PENSION GAP AMONG EXECUTIVES Executives at FTSE 100 companies earn retirement benefits that cost roughly twice as much as those offered to those in the FTSE 250, according to a study released on Wednesday. The study, prepared by actuarial consultants Lane, Clark & Peacock, looks at the way FTSE 250 [...]
Drought of small firms listing could cost jobs March 31, 2010 QUOTED companies outside London’s FTSE 350 have rarely faced such challenging times. Equity markets are fragmenting while regulations are increasingly onerous and markets illiquid, making it harder to raise capital. But help could be on hand from an unlikely source. A French initiative has produced 20 recommendations to improve capital markets for the small to [...]
Carillion confident despite challenges July 7, 2010 BUILDING and support services group Carillion said it expected an increase in earnings in 2010 due to a strong order book and more government outsourcing, despite challenging market conditions. Carillion, which generates much of its revenue from government work and public private partnership (PPP) projects, said investments in PPP continued to generate “substantial value” and [...]
ABI calls for restraint on executive pay packages January 10, 2010 DIRECTORS at Britain’s largest banks have been warned against tarnishing their reputations by developing schemes to exempt top earners from higher income tax. The Association of British Insurers, whose members own nearly a fifth of the stockmarket, said it “would not be able to approve” salary structures that focused on avoiding the forthcoming 50 per [...]
CFD ANALYST PICKS May 24, 2010 TECHNICAL STRATEGIST JOEL KRUGER My pick: Long FTSE 100 at 5,000 Expertise: Technical analysis Average time frame of trades: 5-10 days We had to wait the entire week, but our counter-trend long recommendation was finally triggered on Friday. The market dropped through our psychological barrier to trade slightly below 5,000, before bouncing into the close [...]
CFD ANALYST PICKS May 17, 2010 TECHNICAL STRATEGIST JOEL KRUGER My pick: Still buy the FTSE 100 at 5,000 Expertise: Technical analysis Average time frame of trades: 5-10 days The FTSE has been hurt in recent days and it seems like it could head back toward the 5,038 lows reached earlier this year. At this point, we would not rule out [...]