Hints and tips:
...Mr Hands could point to a recent run of refinancings and deal exits, such as Tank & Rast, a German service-station network whose sale last year returned 7.5 times its investment....
...The groups have co-operated on other deals, most recently in a consortium that bought Germany’s leading chain of motorway service stations, Tank & Rast, for about €3.5bn from Terra Firma....
...This year, Terra Firma sold Tank & Rast, a chain of service stations on Germany’s Autobahn network, to institutional investors for 7.5 times its original investment....
...The two groups have co-operated on other infrastructure deals, most recently in a consortium that last month bought Germany’s leading chain of autobahn service stations, Tank & Rast, for about €3.5bn from...
...Tank & Rast, a chain of service stations across Germany’s autobahns, has returned more than five times Terra Firma’s original investment. It may also be sold this year....
...However, there may still be room for new entrants such as Boost, the leveraged provider launched in 2012 by former ETF Securities managing partners Hector McNeil and Nik Bienkowski....
...So swiftly that columnist Robert McNeil in the Glasgow-based Herald likened it to Woody Allen’s claim to have mastered the art of speed-reading....
...According to Hector McNeil, co-chief executive of Boost, a new provider of leveraged and inverse exchange traded products, many of the investment banks that have ETF operations will exit the market because...
...Boost ETP (run by ETF Securities veterans Hector McNeil and Nik Bienkowski) has upped the ante by launching its own range of leveraged trackers, offering about 300 per cent gearing. How do they do it?...
...“We want to deliver products that investors want and need in an independent structure they can trust,” said Mr McNeil....
...“There will continue be the big core products from the likes of iShares and State Street, but that leaves an innovation gap,” says Mr McNeil....
...We have been forecasting that for some time,” Mr McNeil says....
...Hector McNeil, a former managing partner at ETF Securities, the fourth-largest provider in Europe, who is now co-CEO at start-up Boost ETP, says he expects to see a 30 per cent drop in the number of ETF...
...Hector McNeil, co-chief executive of Boost, a new player in the European ETF market said that further consolidation was inevitable with banks in particular likely to exit their ETF operations because of...
...Irrespective of which ETFs you talk about, investors are still very immature,” says Hector McNeil, co-chief executive....
...Kurt McNeil, GM vice-president of US sales, said: “We knew going in that July would be a challenging month....
...Potential buyers are also taking advantage of a better environment for making big purchases, said Kurt McNeil, vice-president of General Motors’ US sales operations....
...Douglas McNeil, an equity analyst at Charles Stanley, queried whether many customers would prioritise fuel efficiency over price....
...Mr McNeil adds: “Nobody knows for sure [who is giving rebates]....
...“It feels similar to Europe about three or four years ago,” says Mr McNeil, global head of sales and marketing at ETF Securities....
...“Our sales guys get asked by clients, such as private banks, to give rebates all the time,” says Hector McNeil, managing director at ETF Securities, who adds that the firm’s policy is not to provide rebates...
...Mr McNeil points out that the vast majority of ETFs can be tracked daily and are wholly transparent and based on physical underlying assets....
...“I think ultimately you are left with the sense that the union is struggling to influence events,” said Douglas McNeil, transport analyst at Charles Stanley Securities in London....
...When you see the spot price, it is not a benchmark you can invest in,” says Mr McNeil. The benefits of commodity investing are also dependent on investors’ objectives....
...J&J has been drawn directly into the spat in spite of its policy of arm’s length management of subsidiaries such as McNeil Consumer Healthcare, the producer of the affected products....
International Edition