Hints and tips:
...“New York companies are buying up residential homes, so everyday Philadelphians are being outbid by LLCs and corporations, people who have been here for generations....
...The next one is a little easier:A year ago, a buyout fund financed the acquisition of company G by one of its portfolio companies with 100% debt and took out a dividend for itself....
...M&G is setting up “a new legal corporate structure” in Luxembourg that will be staffed by about 30 additional hires in legal, compliance and risk roles....
...She is returning from Amundi Smith Breeden, the US arm of the French asset manager Amundi....
...It came too soon, and is the result of a deep dive into the numbers being generated in each division by the (relatively) new finance director David Smith....
...Smith & Williamson Investment Management has appointed Giles Worthington to manage the Smith & Williamson European Growth Trust....
...TPG could also look at fundin g any standalone reorganisation plan by AMR (Reuters). Morgan Stanley made plans to buy another 14 per cent Smith Barney....
...But if I had to rely on anyone to deliver sizeable capital gains in the next six years, my money would be on Standard Life’s Harry Nimmo, City’s Will Smith, and Aberdeen’s Hugh Young....
...“The revenue raised was at the top end of our expectations,” said Nick Wenban-Smith, senior legal counsel for Nominet....
...Stacey Smith, head of men’s wear at Matches (www.matchesfashion.com), adds: “Chunky knits have certainly become more of a statement category.”...
...If the views turn out to be held by the Pru’s own M&G or The Childrens’ Investment Fund (not be toyed with, as Paul Murphy says) then that would be significant....
...A&G was last week resurrected as Asprey International with the backing of US investors Sciens Capital Management and Plainfield Asset Management....
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