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...Instead of an annual management fee, the multi-managers employ a “pass-through” expenses model, where the manager passes on all costs — including office rents, technology and data, salaries, bonuses and...
...Berenberg analysts estimated Citadel’s headline rent is £98 per sq ft, an increase from previous rents of roughly £70/sq ft in Broadgate, not including an industry-standard rent-free period covering 20 per...
...Digital commerce only continues to proliferate, making it increasingly lucrative to be a toll collector. But ambitious deals in financial services are never easy to pull off....
...Rachel Vosper, who rents a two-bedroom house with her daughter near her eponymous candle shop, says her street on the Belgravia borders is also very neighbourly — but the area has changed....
...Instead of an annual management fee, the manager passes all costs to its end investors, covering costs such as office rents, technology and data, salaries, bonuses and client entertainment....
...BlackRock voted for the company’s proposal but withheld its support for reappointing several board directors including Chelsea Clinton, the daughter of former president Bill Clinton....
...Management aims to reduce churn with features such as a personal concierge service and AI-driven search. Adjusted ebitda flipped to just above break-even in that period....
...“Butchers and bakeries are being replaced by Airbnb concierge services,” he said....
...They come with fully equipped kitchens, a concierge service and the kind of housekeepers who pin fresh jasmine corsages to your evening shirt....
...to take their money, charge fees on it and “rent” capacity elsewhere....
...Less commuting time meant more time with her husband and daughter. If she had a bad night with the baby, she knew she could adjust the times of her working day....
...Led by Mukesh Ambani’s 31-year-old daughter Isha, Reliance Retail has expanded aggressively across the shopping spectrum through a blitz of acquisitions....
...Instead of an annual management fee, the manager passes on all costs — including office rents, technology and data, salaries, bonuses and even client entertainment — to their end investors....
...Both my daughters work in full-time, highly respected jobs....
...Her take on “visible mending” began with her own puppy-chewed sweaters and has grown into a repair service, how-to guides, workshops and a book....
...You can already get a John Lewis Isa; next, it plans to build and rent thousands of affordable homes. But can you find a partner to help you on the shop floor?...
...A new Deloitte survey of senior staff at US financial services companies found that 66 per cent of respondents, who work remotely at least part-time, say they will probably leave their current role if mandated...
...I have a... I have a two-year-old daughter, and I like to tell her she'll have the option to go to the Moon someday, and I think that many people will....
...Tim: National service . . . in the service industries! Harriet Fitch Little is the FT’s food and drink editor...
...“We inherited a shipwreck,” says Tallulah, “and we had to make it watertight.” Mother and daughter are sitting in the kitchen, recounting their experience....
...Their ever-increasing amenities range from private cafeterias overseen by celebrity chefs to concierge medical clinics and, most recently, helicopter shuttle service to local airports....
...“It’s a roof,” said Yineth Palencia, 24, gazing at her three-year-old daughter, when asked about the hotel’s conditions....
...“It’s every plate of food, every service. It’s a huge pressure.” With main courses demolished, Roux passes on dessert....
...This way my daughter would have the house when I pop my clogs.” But it’s still not a perfect solution. “The fly in the ointment is tax on the rent from the house at 40 per cent,” he says....
...This “pass-through” fee — which covers all salaries, technology, data and even office rents and the staff canteen — can often come to 3-10 per cent of assets a year (on top of the 20-30 per cent of any profits...
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