Hints and tips:
...In his final year, the acquittal of the police officers who beat Rodney King and the ensuing riots in Los Angeles inspired him to pursue politics....
...(More than five decades earlier, Audrey Hepburn’s Princess Ann sipped champagne at the G Rocca café, admiring the majestic building opposite.)...
...Gregory Smith, a strategist at M&G Investments and a former World Bank economist in Zambia, said the “market access came at a time when Zambia had very low debt”, under a third of gross domestic product,...
...Much of this debt falls due over the next decade, creating a “wall” of sovereign debt repayments, in the words of Gregory Smith, emerging markets strategist at M&G Investments....
...Canada, the first G-7 country to legalise cannabis last year, has struggled to coax smokers away from the cheap buds sold by street dealers. A 400-tonne surplus sits in warehouses....
...“The test is how resilient the market is to a price reversal,” says Eric Lonergan, a macro fund manager at M&G Investments. Mr Portnoy claimed in his daily online broadcast on Thursday to be unfazed....
...Mr Bradley said his group was monitoring whether the move was increasing waiting times for border crossings....
...Here’s the full story from the FT’s Gregory Meyer....
...If Debt/GDP is about 1 now (UK-US levels) you can run a primary deficit of (g-r) — where g is growth rate and r is real cost of borrowing — and keep Debt/GDP constant....
...Mr Buxton, who will continue to head the UK equities team at Merian, has been succeeded as CEO by Mark Gregory, a former chief financial officer of Legal & General....
...After 10 years at Rolls-Royce, Mr Gregory became global GC in 2015 and now takes the lead on challenges from advising on product safety to handling profit warnings and shareholder activism....
...The $60bn in new tariffs announced by Mr Trump last month on Chinese imports were “terrible timing” for Bain....
...Anne Richards, chief executive of M&G Investments, the UK fund house, is among those calling for an overhaul of how top executives are paid....
...Jeff Davies will take up the post of chief financial officer at L&G, replacing Mark Gregory, who is stepping down from the role....
...If the former Goldman Sachs banker were to seek the Fed post, however, it could mark the first time the central bank had a chair without an extensive economics background since the tenure of G William Miller...
...“If I was the Fed, I’d be happy with this rather than unhappy,” Mr Leaviss said....
...Panmure Gordon is expecting L&G to produce operating profits of £1.6bn, up 13 per cent on last year....
...However, Mr Gregory said that bulk annuities — in which insurers buy pension liabilities from corporate schemes — were still attractive. “There is a lot of demand out there from a lot of companies....
...“I didn’t participate — there are other countries in the region that offer more value,” says Claudia Calich, emerging market fund manager at M&G....
...“It came up over a coffee,” said Rodney Cook, Just Retirement’s chief executive, of how he came to discuss the idea with his opposite number at Partnership, Steve Groves....
...Three others – finance director Mark Gregory, investment management arm head Mark Zinkula and another executive John Pollock – each received packages of between £2.7m and £3m....
...Mark Gregory, finance director at Legal & General, goes as far to say that such deals will “replace reductions in individual annuity volumes”....
...Mr Ferguson said the valuation had been arrived at after a year of discussion, but said that only the two largest external shareholders, Invesco and M & G had been consulted on the sale....
...Mr Gregory, who runs L&G’s savings division and received a total pay package including bonuses and share awards worth £1.92m last year, was not originally a candidate for the finance director role....
...G Gregory Smith in 1919 labelled the condition the “Caledonian antisyzygy” – the notion that a clash of extremes lies at the heart of the national mind....
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