Hints and tips:
...Rothschild’s eldest daughter Hannah has emerged as his heir apparent. She is director of RIT, chair of Yad Hanadiv and has followed in his footsteps as trustee and then chair of the National Gallery....
...For his part, Wynaendts maintains that he is deliberately keeping a low public profile, even as he reshapes the bank. “We still need to regain the trust and confidence,” he told the FT....
...BlackRock is on the verge of being dethroned as the manager of the world’s largest bond exchange traded fund....
...One group of companies that isn’t backing down on their dividend policies are US banks, such as Goldman Sachs and Bank of America....
...But they could later move on to more complex insurance, pensions and savings products, all of which can fall under the broad banner of life cover....
...When economist Matthew Weinberg studied two decades of mergers in 2007, he found that the majority of deals raised prices....
...This select group called upon the insurance companies and major pension funds that owned Britain’s blue-chip companies to step in and buy more shares....
...We spoke to Dean McClelland, one of the Tontine Trust founders. He said they were working with global trust groups, as yet unnamed, and had received lots of interest from US investment advisors....
...Stacia Schlosser Ryan will join Perella Weinberg as a partner in its advisory business based in Chicago. She will focus on the consumer industry and joins from Morgan Stanley....
...The acquisition fills in gaps in AIG’s coverage, including crop insurance, and returns the group to Lloyd’s of London. It also adds AlphaCat, an ILS asset manager....
...The manoeuvre suggests a lack of trust in Italian ownership and defies the notion of open investment in Europe....
...The G8 nations have promised to encourage impact investing; in the US charitable foundations have been given more clarity on the tax treatment of such investments, and pension funds have been told they can...
...to group the subsidiaries and appoint up to 10 divisional presidents to act as a new layer of management....
...● Hymans Robertson, the pensions consultancy, has hired John Taylor as head of delivery for its guided outcomes proposition from Nest (the National Employment Savings Trust)....
...The six banks involved in the latest suit are Mitsubishi UFJ Trust & Banking, Master Trust Bank of Japan, Japan Trustee Services Bank, Trust & Custody Services Bank, Nomura Trust & Banking and State Street...
...During 2012/13, household names such as McDonald's, the BBC, British Telecom and the Compass Group had signed up to Nest....
...Friends Life is now part of the Resolution Group, and her role has evolved since Resolution’s acquisition in 2009 of pension group Friends Provident, where she was chief financial officer....
...Charles Elson, head of the Weinberg Center for Corporate Governance, advocates reimbursement for all the cost of solicitation – the public relations, travel and advertising costs associated with mounting...
...For Mr Cherkasky, the acquisition brings him back to Kroll, where he had served as president and chief executive from 2001 to 2004 before taking over as chief executive of MMC....
...It also has stakes in Perella Weinberg, the investment bank, Pension Insurance Corporation, the pension buy-out group, GLG, the hedge fund, and Standard Chartered....
...One might think the pension fund managers would have been the stars of the show. Or even the NAPF’s guest speakers such as David Willetts MP....
...Measures such as the withdrawal of tax relief on pension contributions in April 2011 and the introduction of anti-forestalling measures ahead of this all need to be factored into tax year end pension planning...
...The product is named after Axa’s Sun Life brand and builds on the company’s reputation as a provider of SSASs....
...● Alliance Trust Savings has recruited Dorit Weinberg as business development manager to liaise with financial advisers in London....
...Mr Paulson no longer has any financial ties to the company. When he was sworn in two years ago, he sold his 4.5m shares of Goldman stock for an estimated $400m and put the proceeds in a blind trust....
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