Founder Favourites: Richard Farleigh on what playing chess, investing and starting a business have in common
CITY MOVES | WHO’S SWITCHING JOBS April 5, 2010 Threadneedle The asset management firm has hired George Gosden to join its Asian equities desk. Gosden spent the past eight years as a director at Insight Investment, where he was part of the international team. Prior to that, he was a director of Asian equities at Clerical Medical Investment Management. In his new role, he [...]
CITY MOVES | WHO’S SWITCHING JOBS March 22, 2010 Mirae Asset Global Investments Elliot Berman has been promoted to the role of head of sales for the EMEA region at Asian asset management firm Mirae Asset. Berman originally joined the group’s UK team in August 2008 as a senior manager for European distribution. He previously worked at Morley Fund Management, latterly as sales manager [...]
Defiant BA flies on despite chaos March 21, 2010 BRITISH Airways flew 49,000 customers yesterday despite a strike action by cabin crew. The airline said yesterday that 55 per cent of Heathrow based cabin crew turned up to work, and 97 per cent showed up at Gatwick. Originally the airline thought it would fly 45,000 passengers, or 60 per cent, on each day of [...]
Hedge funds investing in big-time divorce March 16, 2010 AMONG all the people who lost money in the downturn, one of the most colourful cases was that of Scot Young, businessman friend of Russian oligarch Boris Berezovsky and owner of the Ivy restaurant, Richard Caring. When his wife filed for divorce last year it emerged that Young’s £400m fortune had apparently vanished, with Young [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 9, 2010 FINANCIAL TIMES REGULATORS TELL US BANKS TO HOLD FUNDS US regulators have told banks not to increase dividends or buy back shares until political and economic uncertainty surrounding the industry dissipates, in a move that will delay by months the return of capital to shareholders. Some investors in financial stocks argue that winners of the [...]
CITY MOVES | WHO’S SWITCHING JOBS March 4, 2010 London & Capital The boutique wealth management firm has appointed Sanjay Joshi as a senior portfolio manager in the fixed income team, responsible for overseeing portfolio construction, asset allocation and the company’s new UCITS income funds offering. Joshi rejoins London & Capital after spending four years at F&C Asset Management, co-managing a fixed income hedge [...]
CITY MOVES | WHO’S SWITCHING JOBS January 25, 2010 Investec The investment bank has hired Paul Bail as a director in its debt advisory team, focusing on expanding its profile in the private equity space. Bail joins from Barclays, where he was managing director of leveraged finance in the financial sponsors group and a board director of Barclays Financial Investments. Prior to that, he [...]
CITY MOVES | WHO’S SWITCHING JOBS January 19, 2010 Collins Stewart The investment banking group’s wealth management division has hired Richard Christmas to its new corporate executive and employee trading (CEET) desk. He joins from Credit Suisse, where he worked with Michael Smith, now head of the CEET desk for Collins Stewart, which provides broker services to listed firms, their employees and third-party share [...]
The City’s most fearsome litigator still has plenty of fire in his belly January 19, 2010 Change is on the way at Herbert Smith as David Gold, who over the last 36 years has built a reputation as one of the most fearsome commercial litigators in the country, will stand down after five years as the City law firm’s senior partner in April. In a distinguished career, Gold has represented Abbey [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 17, 2009 FINANCIAL TIMES STRICKEN SCOTTISH AIRLINE’S £30M IN QUESTION Administrators of Globespan, the collapsed Scottish airline that has left thousands of passengers stranded abroad, were investigating last night why £30m of its funds were being held by E-Clear, the company that handles its credit card transactions. Bruce Cartwright, of PwC, said he understood that about half [...]