Hints and tips:
...On the same day, L&G chief executive Sir Nigel Wilson decried the “perpetual drift” of companies away from London’s stock market, attributing it in part to a decline in equity holdings among pension funds...
...The top five contributors to the fund’s performance last year were Meta Platforms, Microsoft, Novo Nordisk, L’Oréal and IDEXX Laboratories....
...I interviewed him earlier this month, sat on bar stools at the far end of Brutto’s L-shaped bar (this was, he said, his personal “best table”)....
...Harriet Agnew Hedge funds Millennium and Schonfeld in advanced partnership talks Are hedge fund pioneers facing the end of a golden era?...
...Drawing à l’infini presents nearly a thousand works — notebooks, drawings and engravings. The drawings illustrate Picasso’s constant process of reinvention and renewal....
...And finally Norman Foster, the architect behind landmarks such as London’s Gherkin skyscraper is having his first major retrospective at the Pompidou in Paris....
...Meanwhile in Europe, strategists at Goldman Sachs have termed 11 stocks with strong balance sheets that are driving the markets as ‘GRANOLAS’: GSK, Roche, ASML, Nestlé, Novartis, Novo Nordisk, L’Oreal, LVMH...
...However, during last year’s Grand Prix d’Horlogerie de Genève — the Oscars of the watch world — a new type of home-build kit beat the established ready-made creators, such as L’Epée 1839, Matthew Norman...
...“We shouldn’t give up on DB because the average duration is still 15 years,” says Nigel Wilson, chief executive of L&G....
...Roughly a third of the rally on the CAC40 exchange since the start of the fourth quarter last year stems from burgeoning investor interest in Hermès, Kering, LVMH and beauty group L’Oréal....
...Website; Directions— Tim Auld L’Atelier Robuchon 6 Clarges Street, London W1J 8AE A particular joy in Paris is to sit at the counter of L’Atelier de Joël Robuchon in Saint-Germain-des-Prés, watching in...
...Email me: harriet.agnew@ft.com Griffin vs Ackman Last week two prominent hedge fund billionaires offered opposing views of how regulators should have handled the collapse of Silicon Valley Bank....
...Additional reporting by Harriet Agnew in London...
...What’s clear, as the FT’s Harriet Agnew and Katie Martin write in this Big Read, is that the nationwide shift into safer asset classes has backfired on Britain’s economy....
...“It’s about generations and families,” says Norman Crabb, who patrols the arcade and greets the newly betrothed, for whom a visit there is a rite of passage on their journey down the aisle....
...Over in Aldeburgh, restaurateur George Pell opened the buzzy L’Escargot Sur-Mer – a sister to his Soho outpost – in the summer of 2020....
...It had pushed for Nestlé to sell its entire stake in L’Oréal; instead Nestlé reduced it by €9bn, leaving it with a 20 per cent holding in the cosmetics group....
...Additional reporting by Harriet Agnew and Arash Massoudi...
...Everywhere Grant’s style is visible — simplified forms, flat planes, bold colours — whether in two statuesque naked women holding a trompe l’oeil mirror above the fireplace or an acrobat on a door panel...
...those ominous-looking sentinels — on striking display in Clement Virgo’s Scarborough-set Brother, premiering at this year’s Toronto International Film Festival — one can find cricket pitches, such as the L’...
...“Not even Superman could drive growth at Knorr or Hellmann’s to keep up with the growth of L’Oréal or Estée Lauder.”...
...Cosmetics groups L’Oréal and Estée Lauder illustrate the diverging response among consumer groups....
...The surviving Grade I-listed building dates from the early 19th century and has a trompe l’oeil medieval appearance with a central tower....
...Additional reporting by Harriet Agnew...
...In De l’Esprit des Lois, published in 1748, he claimed: “The natural effect of commerce is to bring peace....
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