Hints and tips:
...L&G said on Wednesday that it had taken in £575mn of new business premiums in individual annuities so far this year, up 27 per cent on last year....
...L&G, which started by investing in Salford a decade ago, has allocated more than £30bn to regions outside of London....
...Charvet leather slippers, £325 Hunza G The Original Crinkle Polly swimsuit, £160 Hermès hand-crocheted technical silk knit top with cord lacing, £3,250....
...“Despite volatile markets, the group’s annuity portfolio has not experienced any difficulty in meeting collateral calls and we have not been forced sellers of gilts or bonds,” L&G said in a statement....
...“[The] biggest risk for L&G is that this crisis has discredited the firm’s risk management abilities....
...I am here road testing the carmaker’s SUV, G-force pressing me into the passenger seat as former Portuguese racing driver Bruno Correia guides the car through a chicane and into a long straight....
...M&G still has a life insurance operation that trades under the Prudential brand in the UK....
...In 2019 he demerged the UK operation, M&G. And last year, under pressure from activist investors, he spun off Jackson, the US business....
...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...
...The clothes of G Label, her second‑fastest growth vertical, are based on all the things Paltrow “wants to wear now”....
...M&G could not be reached for comment. Merger & acquisition activity in the UK pharmaceuticals and healthcare sector has been accelerating....
...Rory Alexander, fund manager at M&G, said last week that £10.80 a share “would still fall short of our expectations on behalf of our customers”. M&G is a top 10 shareholder in the company....
...L&G declared a dividend of 17.57p per share, in line with last year....
...“That is not as it should be,” said Ralph Thurm, former chief operating officer at the Global Reporting Initiative, a standards group founded in 1997 following public outcry over the environmental damage...
...In 1965, Ralph Nader wrote Unsafe at Any Speed, exposing a car industry that systematically stifled safety features....
...Here are normalised log returns on the US stock market charted against flows (in G&K’s meaning of that term): On Monday I said that the G&K model should make us reassess the importance of stock buybacks...
...Crown trinket tray by Luke Edward Hall, £120, amara.com Dolce & Gabbana sequin shorts, £725, farfetch.com Luxe shell and glass candle holder, £75, amara.com Attersee linen and cotton kaftan, £415 Hunza G...
...G Page Flowers looks to rosier times as love of nature flourishes Mamta Badkar in New York Last March, G Page Wholesale Flowers in Manhattan pulled down its shutters along with New York’s other non-essential...
...The latest separation follows the demerger of M&G, the UK unit, in 2019....
...Both M&G and Rothesay welcomed the Court of Appeal’s decision. Rothesay said that it “provides important clarity for our whole sector”....
...Rothesay and M&G are appealing against the decision, with the case due to be heard in late October....
...to acknowledge the work of rival media outlets, but here is a grudging hat-tip to The Economist, which recently highlighted a really interesting paper about what moves stock prices, by Xavier Gabaix and Ralph...
...L&G is well placed to take it as the market leader.”...
...Last October the company demerged M&G, its UK unit, and since then it has been under pressure from activist investor Third Point, run by billionaire Dan Loeb, to spin off the US as well....
...Prudential demerged its UK business, M&G, last year....
International Edition