Ex-Stobart boss back at the controls October 27, 2014 A NEW investment vehicle led by ex-Stobart boss Avril Palmer-Baunack and backed by blue chip investors braved choppy markets yesterday to announce a float of the business. Haversham, a specialist vehicle set up by executive chairman Palmer-Baunack and investment firm Marwyn, said investors from Invesco, Artemis, Aviva and Schroders will support the share placing, which [...]
Premiership Rugby £500,000 salary cap rise could tempt England stars in France to return September 15, 2014 Aviva Premiership Rugby is set to increase the league’s salary cap by 10 per cent in future seasons, and will also allow clubs to sign a second “excluded” player from overseas. Clubs’ spending on player wages is currently capped at £5m, but the Aviva Premiership will permit a further £500,000 spending ahead of the [...]
City regulator sweats ahead of Davis probe December 8, 2014 The FCA will be opened up to scrutiny this week as a review of its insurance work is published Roman poet Juvenal, one of the world’s first great satirists, left an important legacy in the form of the phrase “quis custodiet ipsos custodes?”. It translates as “who will guard the guards themselves?” The quotation is [...]
City Moves for 08 December 2014 | Who’s switching jobs December 7, 2014 BNP Paribas Real Estate James Max has been appointed UK board adviser to the property advisory firm. He joined in January 2014 as a senior advisory director. Max is a media personality and has also held roles at DTZ, Morgan Stanley, and Doughty Hanson. Addleshaw Goddard The law firm has announced the appointment of Katie [...]
Aviva Investors offloads stake in Dublin’s Liffey Valley for €250m February 17, 2014 AVIVA Investors has sold its majority stake in a Dublin mall in a deal worth over €250m (£205m), it announced yesterday, in the latest sign of a resurgent Irish property market. The firm, which developed the Liffey Valley site 15 years ago, had looked to exit its 72.8 per cent holding in 2011 but scrapped [...]
England warned that Springboks want their scalp November 11, 2014 ENGLAND coach Mike Catt expects to feel the full force of South African retaliation at Twickenham on Saturday even if their humbling at the hands of Ireland forces the Springboks to modify their attacking instincts. Heyneke Meyer’s side were brushed aside 29-15 at the Aviva Stadium, a defeat which punctured the euphoria surrounding the defeat [...]
City Moves for 04 September 2014 | Who’s switching jobs September 3, 2014 Savills The real estate adviser has announced the appointment of Andrew D Thompson as a director in its London-based building and project consultancy team. He joins from his own independent practice, and has previously held roles at CBRE, Drivers Jonas, and Wilks Head & Eve. Aviva Investors David Lis has been appointed chief investment officer, [...]
Incoming Barclays chairman John McFarlane to face “very challenging requirements” September 12, 2014 Aviva chairman John McFarlane will face "very challenging requirements" in his new role as chairman of Barclays, said the man who recruited him today. McFarlane, who is one of Scotland's most senior businessmen, will pick up the reins at Barclays' next AGM next April when incumbent Sir David Walker steps down. He is [...]
NFL season begins: Why American Football could be bigger than rugby in the UK September 8, 2014 While the Premier League takes a break this weekend, another "football" league has got underway. Across the pond, the National Football League (NFL), the flagship American Football league whose teams beat even the Premier League in terms of revenue, has kicked off a new season. With its return will follow a growing legion of devoted UK fans [...]
Aviva old guard steps down for top Aussie job January 23, 2014 INSURANCE giant Aviva yesterday announced the resignation of its chief financial officer Pat Regan, just a year after he narrowly missed out on the job leading the company. Regan, who was made CFO in 2010, said he will step down in June to take up the reins as chief executive officer at Australian insurer QBE [...]