England cricket bosses confirm 2016 schedule August 25, 2015 Ashes celebrations had barely had a chance to subside when cricket bosses yesterday announced details of next summer’s international programme where England will face a twin sub-continental challenge from Sri Lanka and Pakistan. The summer begins with England’s bid to avenge last year’s 1-0 series defeat to Sri Lanka, with the first of three Investec [...]
Glencore insists it is “operationally and financially robust” as share price continues to tumble September 30, 2015 Glencore has issued a statement insisting it is "operationally and financially robust" as the mining giant struggles to overcome its recent woes. The Anglo-Swiss commodities trader – whose share price has fallen more than 73 per cent since the start of the year, making it by far the worst performer on the FTSE 100 [...]
Analyst Views: What do the latest results mean for Standard Chartered? August 5, 2015 IAN GORDON | INVESTEC “Standard Chartered has sharply underperformed sector peers, with the shares retreating by 17 per cent since peaking at 1,141p on 23 March. Our ‘hold’ recommendation and 970p RoE-g/CoE-g derived target price are maintained.” SANDY CHEN | CENKOS “We’re not exactly certain about how much to recalibrate our forecasts – but we’re [...]
City Moves for 27 October 2015 | Who’s switching jobs October 26, 2015 LOMBARD ODIER Duncan MacIntyre has been appointed chief executive of the banking firm’s private client business in the UK. He joins from Coutts & Co, where he founded and was global head of its private office. MacIntyre has also worked as a senior private banker at JP Morgan, which he joined from Robert Fleming & [...]
New stars set to shine in race they all want to win June 5, 2015 EPSOM MANAGING DIRECTOR The Investec Derby Festival is a legendary sporting occasion, with three world-class feature races, over two days at the unique and welcoming Epsom Downs Racecourse. The Investec Derby, founded in 1780 and won by many of the most famous horses to grace British turf, has always been a huge attraction and continues [...]
We’re proud to support Epsom June 5, 2015 HEAD OF GLOBAL MARKETING, INVESTEC On behalf of Investec, I am delighted to welcome City A.M’s readers to the 2015 Investec Derby Festival. This prestigious event embodies energy, determination and performance – the same qualities our team possess in specialist banking, asset management and wealth & investment. Now in our seveth year of sponsorship, we [...]
Best of the Brokers for 16 September 2015 September 16, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com HOME RETAIL GROUP Haitong Investment Bank has reduced its “fair value” target by 18 per cent to 115p to reflect greater uncertainty over longer term success of Home Retail Group’s modernisation plans for Argos. The broker said that promotional spend in the run-up [...]
Wood admits he could be forced under the knife August 18, 2015 ENGLAND seamer Mark Wood has conceded that he may need an operation to cure a long-term ankle injury, placing his participation in series against Pakistan and South Africa later this year in doubt. Wood was hampered by the problem during a laboured display in the second Investec Ashes Test at Lord’s, forcing him to miss [...]
These were some of the worst investments of 2015 December 10, 2015 From a slowdown in the Chinese economy to the Greek debt crisis, a number of events burnt the hands of even the shrewdest investors this year. Here’s a round-up of some of the worst. Mounting fears China’s economy is slowing at a greater pace than previously thought gave investors a bumpy ride in 2015. China’s [...]
Trevor Bayliss urges Jonny Bairstow to shine after opting to rest jaded Jos Buttler September 6, 2015 England coach Trevor Bayliss has urged wicketkeeper Jonny Bairstow to seize his chance after deciding to rest Lancashire’s Jos Buttler for the rest of the one-day series with Australia. Buttler struggled with the bat during the Investec Ashes, making just 122 runs at an average of 15.25, while his score of four in the first [...]