Hints and tips:
...In 2017, a 37m-high rocket inscribed with Chanel’s double-C logo almost did, rising up like a NASA simulator at the end of its AW17 presentation....
...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....
...For example, Dominic Rowles, an ESG analyst at Hargreaves Lansdown, recommends a global tracker fund like the L&G Future World ESG Developed Index or, as a more conservative option, the BNY Mellon Sustainable...
...“We shouldn’t give up on DB because the average duration is still 15 years,” says Nigel Wilson, chief executive of L&G....
...It costs from $13,500 per person (based on two sharing), with the tour also available at other times of year; see geoex.com Spring gardens in Dorset G&T Garden Tours is a new Dorset-based outfit offering...
...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....
...South Korea, meanwhile, has a Korean New Deal, or “K-New Deal” backed by a US$135bn investment programme that includes measures to create 659,000 new green jobs by 2025....
...Kendall is passed over by his father to become chief executive, but still ends up singing a laudatory, cringe-inducing rap: “L to the O, G, A, N.”...
...“Anything below 1 per cent is really just clinging on now,” says David Hollingworth, associate director at broker L&C Mortgages....
...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....
...“As an example, the L&G UK Index Fund is available for a 0.1 per cent charge, however if you choose the Legal & General Future World ESG UK Index the annual charge is 0.15 per cent,” says Nathan Long, senior...
...Santucci, Washington Polymath 1,021: R Goodfellow, Surrey Crossword 16,158: John Johnston, New York; Annie Baker, London; Sebastian MacKay, Edinburgh Polymath 1,020: Abizer Nasir, London Crossword 16,152...
...“L&G offers a 6.3% 2020E dividend yield, 1.2% above the sector average. Pre-2016 L&G's yield averaged 0.4% above the sector.”...
...The picture at the federal level with H.R. 2339 is complicated....
...Credit uncertainty remains the greatest risk for UK life insurers, including L&G, with COVID and Brexit both likely to exacerbate credit concerns....
...at the ‘C-suite’....
...Impact on banks could be softened by pricing strategies (e.g. charging larger corporate deposits), through new funding mechanism. We are Sell-rated on Lloyds....
...However an argument could be made that Ocado (n/r), which is valued at an equity value of £16.9bn (EV of £17.36bn) and trading on an EV/sales of 6.7x CY’21 is a relevant comparative and one that is listed...
...From these events, we convey bullish 5G news flow. In sum, the C-19 crisis is not delaying 5G rollouts and the 5G cycle is expected to last 10-12 years....
...We discuss the comparison to previous downturns, and overall we cut our EBITDA estimates by 30% this year and 18% next year, new PTs suggests c.10% upside for the sector, although we recognize the current...
...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%....
...We value Sumo based on a PE multiple of c.36x FY20E, a c.10-15% premium to the global peer group average (falling to 27x in FY21E)....
...a move into new projects in West Africa....
International Edition