Hints and tips:
...L&G said on Wednesday that it had taken in £575mn of new business premiums in individual annuities so far this year, up 27 per cent on last year....
...L&G, which started by investing in Salford a decade ago, has allocated more than £30bn to regions outside of London....
...Charvet leather slippers, £325 Hunza G The Original Crinkle Polly swimsuit, £160 Hermès hand-crocheted technical silk knit top with cord lacing, £3,250....
...“Despite volatile markets, the group’s annuity portfolio has not experienced any difficulty in meeting collateral calls and we have not been forced sellers of gilts or bonds,” L&G said in a statement....
...“[The] biggest risk for L&G is that this crisis has discredited the firm’s risk management abilities....
...I am here road testing the carmaker’s SUV, G-force pressing me into the passenger seat as former Portuguese racing driver Bruno Correia guides the car through a chicane and into a long straight....
...M&G still has a life insurance operation that trades under the Prudential brand in the UK....
...In 2019 he demerged the UK operation, M&G. And last year, under pressure from activist investors, he spun off Jackson, the US business....
...The Stories She Wears is a six-month programme focusing on teaching practical techniques in local styles, upcycled fashion, traditional textile design and financial literacy. pradagroup.com; unfpa.org G...
...The clothes of G Label, her second‑fastest growth vertical, are based on all the things Paltrow “wants to wear now”....
...M&G could not be reached for comment. Merger & acquisition activity in the UK pharmaceuticals and healthcare sector has been accelerating....
...Rory Alexander, fund manager at M&G, said last week that £10.80 a share “would still fall short of our expectations on behalf of our customers”. M&G is a top 10 shareholder in the company....
...L&G declared a dividend of 17.57p per share, in line with last year....
...“That is not as it should be,” said Ralph Thurm, former chief operating officer at the Global Reporting Initiative, a standards group founded in 1997 following public outcry over the environmental damage...
...In 1965, Ralph Nader wrote Unsafe at Any Speed, exposing a car industry that systematically stifled safety features....
...Here are normalised log returns on the US stock market charted against flows (in G&K’s meaning of that term): On Monday I said that the G&K model should make us reassess the importance of stock buybacks...
...Crown trinket tray by Luke Edward Hall, £120, amara.com Dolce & Gabbana sequin shorts, £725, farfetch.com Luxe shell and glass candle holder, £75, amara.com Attersee linen and cotton kaftan, £415 Hunza G...
...G Page Flowers looks to rosier times as love of nature flourishes Mamta Badkar in New York Last March, G Page Wholesale Flowers in Manhattan pulled down its shutters along with New York’s other non-essential...
...The latest separation follows the demerger of M&G, the UK unit, in 2019....
...“It is difficult for us to provide [green] product for them if we don’t think there is an investor there to buy it,” Maddox told Moral Money....
...Both M&G and Rothesay welcomed the Court of Appeal’s decision. Rothesay said that it “provides important clarity for our whole sector”....
...Rothesay and M&G are appealing against the decision, with the case due to be heard in late October....
...to acknowledge the work of rival media outlets, but here is a grudging hat-tip to The Economist, which recently highlighted a really interesting paper about what moves stock prices, by Xavier Gabaix and Ralph...
...L&G is well placed to take it as the market leader.”...
...Last October the company demerged M&G, its UK unit, and since then it has been under pressure from activist investor Third Point, run by billionaire Dan Loeb, to spin off the US as well....
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