CITY MOVES | WHO’S SWITCHING JOBS January 18, 2011 Fuller, Smith & Turner The brewer has appointed Lynn Fordham, chief executive of FTSE 250 private investment manager SVG Capital, to its board as a non-executive director. She will join both the remuneration and audit committees in addition to her seat on the board. Fordham has previously held senior financial, strategic and operational roles at [...]
What the other papers say this morning February 13, 2011 FINANCIAL TIMES SIEMENS EYES BIG NETWORK PURCHASES Siemens is looking out for large acquisitions to expand its power networks and plant automation businesses, in a fundamental strategic shift by the German industrial conglomerate. Joe Kaeser, Siemens’ chief financial officer, said Europe’s largest engineering group by sales had reached the “management maturity” to pursue significant takeovers. [...]
House swapping and geopolitcal disaster February 23, 2011 BEFORE I KNEW YOU BY AMANDA BROOKFIELD PENGUIN, £6.99 MID-Atlantic at 35,000 feet, two couples pass in opposite directions. They are on the seemingly perfect credit crunch vacation, an international house swap with suitably affluent, never-to-be-seen hosts. Sophie and Andrew Chapman leave their Victorian family home in south-west London, their teenage daughters and Sophie’s recent [...]
Europe’s wealth of markets February 1, 2011 The Euronext exchanges in Brussels, Paris and Lisbon offer a wealth of opportunities for UK investors keen to diversify into new areas. Like the Amsterdam exchange, they became part of Euronext fairly recently, but all have much longer histories as individual markets. Euronext Brussels, for example, was formerly the Brussels Stock Exchange, founded by Napoleonic [...]
Europe’s wealth of markets February 1, 2011 The Euronext exchanges in Brussels, Paris and Lisbon offer a wealth of opportunities for UK investors keen to diversify into new areas. Like the Amsterdam exchange, they became part of Euronext fairly recently, but all have much longer histories as individual markets. Euronext Brussels, for example, was formerly the Brussels Stock Exchange, founded by Napoleonic [...]
WORLD’S FIRST SOCIAL MEDIA HEDGE FUND TO TRADE FROM TWEETS March 17, 2011 WORD has reached The Capitalist of an unconventional new approach to trading: using Twitter to predict swings in the Dow Jones Industrial Average. The method is the brainchild of 28-year-old City trader Paul Hawtin and his brother Simon, whose new hedge fund, set to launch in April as a spin-off of their family-run investment boutique [...]
WORLD’S FIRST SOCIAL MEDIA HEDGE FUND TO TRADE FROM TWEETS March 17, 2011 WORD has reached The Capitalist of an unconventional new approach to trading: using Twitter to predict swings in the Dow Jones Industrial Average. The method is the brainchild of 28-year-old City trader Paul Hawtin and his brother Simon, whose new hedge fund, set to launch in April as a spin-off of their family-run investment boutique [...]
Entrepreneurs selling entrepreneurs February 3, 2011 IPHONED Nick and said: it’s General Petraeus, he’s the man! This is our strategy,” says Michael Hayman, the co-founder of the campaigning start-up Seven Hills. He leans over his honey porridge and the rim of his glasses and says: “You see, General Petraeus – Bush’s general in Iraq – believed that if you are technically [...]
The economics of perpetual motion February 8, 2011 WOW. This government has finally cracked it. It has rewritten the laws of economics: there is now such a thing as a free lunch, the elusive El Dorado pursued so assiduously since time immemorial. I’m talking about George Osborne’s special tax on the balance sheets of large banks operating in London, hiked by another £800m [...]
Size matters: Smaller firms can still make large profits February 9, 2011 THE government is hoping to cast a spell over the banking sector with its Merlin deal with the banks. The growth of small and medium sized enterprises (SME) is thought to be vitally necessary to economic recovery, and getting the banks to lend to them necessary to promote their growth. Smaller companies usually lead economies [...]