Hints and tips:
...“F.E.E.L.I.N.G.C.A.L.L.E.D.L.O.V.E” and “Sorted for E’s & Wizz” were ticked off like rites of passage from someone moving from Sheffield outsider to Britpop in-crowd....
...Fund manager M&G is to close its £565mn property fund following sustained outflows by UK retail investors looking to get out of the ailing real estate market....
...“We shouldn’t give up on DB because the average duration is still 15 years,” says Nigel Wilson, chief executive of L&G....
...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...
...C Coaching After Wimbledon, the men’s tour will trial allowing coaching during matches....
...That’s F-L-I-C. For more information about your rights as a tenant, do check out the Generation Rent website. Jason Butler is on Instagram and Twitter. He’s @jbthewealthman. Timi is @mrmoneyjar....
...L&G said there were no defaults and just 0.6% downgraded to high yield (vs market which saw 1.5%). We note L&G has a very high quality corporate bond portfolio with an average rating of single-As....
...Indeed, I have just switched half of my L&G holding, now on a yield of just over 5 per cent, into high-yielding Aviva....
...Apart from negative l-f-l rental and value growth, we assume recapitalizations to an LTV of c.35% by 2021 lowering the EPS and NAV by c.49% and c.61%....
...While the holding company’s fine, the French division (which is not yet owned by Max-Herve George) when taken in isolation is not....
...Increased focus on the home, reversing some L-T adverse trends....
...B is for blown — as in, “I've blown all my money”. C is for centralisation — which is always going to be quicker and cheaper than blockchain....
...V, U, or L? The nature of Covid-19 growth impact means that some elements – e.g., production resumption, inventory restocking, and travel normalisation – would lend a natural rebound to growth....
...The drive of, like, I may be a f**k-up, but I know I’m good at this one thing.” Pierce, too, felt good at one thing — acting....
...Large property funds run by Legal & General, F&C and Aberdeen also have more than a fifth of their assets in cash and equivalents....
...Rob Burdett, head of multimanager F&C, said he was “taking profits” by pulling his money out of corporate bond funds. “We’re coming closer to the end of the default cycle,” he said....
...L&G would like to invest a lot more in such properties, which serve the dual purpose of reducing housing need and giving patient investors a steady yield....
...The L&G (Alliance & Leicester) Capital Growth fund, which tracks the FTSE 250 index, underperformed it by five per cent....
...As we highlighted before (F&L Oct 31st “The BoJ strikes as the Fed ends QE”), liquidity is not constrained by borders and the evidence over the past months has been of duration buying flowing from Japan...
...The oriental tome organises animals into categories thus: “(a) belonging to the emperor, (b) embalmed, (c) tame, (d) sucking pigs, (e) sirens, (f) fabulous, (g) stray dogs, (h) included in the present classification...
...., and Lin, C. (2013). Minimum wages and employment in China. IZA Discussion Paper, No 7813. Back to beyondbrics...
...Fluid Transfer International Fluidata G Garrets International Geeks Global Infusion Group Gold-i Gong Communications Graff Diamonds International Green 4 Solutions G’s Fresh Beetroot Guidance...
...“People wondering what to do with their bond holdings need to do something soon,” said Gary Potter, co-head of multi-manager at F&C Asset Management. “You don’t want to wait for it to go wrong.”...
...They call it the wars of the future and talked about how our companies [that we invest in] could be entangled in it,” said David Patt, corporate governance analyst at L&G Investment Management....
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