Hints and tips:
...This division, L&G Capital, announced in May its first US investment, committing $500mn to a partnership funding property in the life sciences and technology sectors....
...Hip-Hop: Conscious, Unconscious, which opened last week, is co-curated by Sacha Jenkins, chief creative officer of cult magazine Mass Appeal and the mastermind behind Showtime’s original series Hip Hop 50...
...Don’t miss deputy editor Patrick Jenkins’ Lunch with the FT with Bonham Carter last year. Morgan Stanley, Bank of America and Barclays lent $12.7bn to Elon Musk for his $44bn Twitter takeover....
...Much of the day is spent wading through regulatory minutiae, maintaining bloated spreadsheets and hacking through a thicket of acronyms such as CCBs, CCyBs, G-SIB, ATI, Pillar 2 etc....
...M&G, the asset manager, recently launched 20-year mortgages in Ireland, traditionally similar to the UK in its mortgage structures....
...patrick.jenkins@ft.com...
...Peter G Cowap Baltimore, County Cork, Ireland...
...Letter in response to this article: Banker’s rendition of Dylan strikes bum note / From Peter G Cowap, Baltimore, County Cork, Ireland...
...In her critique of the short-termist outlook of shareholders, Ms Richards, who has also worked in senior roles at Aberdeen Asset Management and M&G, called for a “pivot [away] from the Milton Friedman concept...
...Letter in response to this article: Even in Cardigan Bay the wind does not always blow / From Lyn Jenkins, Cardigan Island Coastal Farm Park Cardigan, Ceredigion, UK...
...be so large that it is “either going to be written off or sit on balance sheets, where it will have a depressing effect”, said Ms Richards, who took over the running of Fidelity in 2018 after quitting M&G...
...Patrick Jenkins has a few explanations. Cloud business are reaping the rewards of the work-from-home revolution....
...siona.jenkins@ft.com...
...It’s Prudential / M&G demerger day. The separation of the Pru’s Asian and US operations from UK-focused M&G has been more than 18 months in the making....
...Bernstein’s Inigo Fraser-Jenkins has done a note about index membership as part of his long-running “passive investing is worse than Marxism” series....
...In case auditors were in any doubt after an excoriating review from the Competition and Markets Authority and a castigation of the regulator, the Financial Reporting Council, by L&G chairman John Kingman...
...In recent years, like-for-like price inflation has also outpaced peers at 4-5%, compared to e.g. 2-3% for Auto Trader....
...In response to “Limit dual-class share structures rather than shun them”, tomazu says: Thumbs up for tenure-based voting rights, e.g. like French companies with double voting rights for long term shareholders...
...L&G will provide the funding over the next decade to build subsidised homes for staff, accommodation for graduates and market properties in the notoriously unaffordable city....
...Mr Jenkins has launched a similar initiative at Ashurst called Committed to Change....
...Nigel Wilson L&G It is now time for hardline Brexiters and hardline Remainers to stop being so self indulgent....
...Jenkins, who had replaced Callaghan as chancellor, had picked up on the idea and was enthusiastic....
...If the US took its legal system so seriously, more people would be appalled by all the ways that Trump has been trying to short-circuit that system (e.g. by commenting on cases which are in process)....
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