Hints and tips:
Related Special Reports
...American dreaming Shearman & Sterling’s tie-up with Allen & Overy is the result of a two-decade-long push to crack the US legal market by the latter’s deal-hungry boss: Belgian rainmaker Wim Dejonghe....
...Five Shearman & Sterling energy and infrastructure partners have joined Ashurst days after their former firm announced a tie-up with Allen & Overy....
...Shearman & Sterling O: 8; L: 7; I: 8; Total: 23The firm advised the International Finance Corporation, the private sector arm of the World Bank, on its first bond investment in Bangladesh....
...Despite a sterling reputation, was it basically just ARKK with a hedge fund comp structure? Lone Pine declined to comment....
...The sudden spurt of experimentation is long overdue, said Greg Sterling, an analyst who has followed the search market since 1999....
...Let us politely draw a veil over the cause of sterling’s and gilts’ collapse (Report, October 7)....
...quarter on $36bn in revenue, but said that operating income of $11.5bn for the year would be at the low end of the company’s guidance, partly because Ford’s UK operations expose it to the falling price of sterling...
...“There have been enormous strains on the resources of asset managers, consultants, banks and scheme trustees....
...Outsourcing group Serco provided £60mn after a request from pension trustees, according to a person familiar with the matter, a highly unusual move for a well-funded corporate scheme....
...It beggars belief that trustees and their advisers should think it sensible to continue increasing their exposure through derivative contracts....
...Guy Sterling, a tax partner at Moore Kingston Smith, an accountancy firm said the new requirements would mean “a large amount of red tape” for lay trustees....
...If that looks like the case, sterling could be in trouble.”...
...I had been sitting in cash, or rather a sterling liquidity fund, since January, and with US stocks down almost a quarter, it felt like a good time to jump back in....
...UK pensions funds called on the BoE to extend it beyond the deadline on concerns trustees do not have sufficient time to shore up their portfolios against further shocks....
...The billionaire also made a large sterling-denominated payment to help Ganieva qualify for a UK visa....
...This summer, Lightyear Capital funds bought UK-based Wren Sterling Financial Planning, and Flexpoint Ford acquired UK-based AFH Financial Group....
...The products will follow the funds one-for-one, or enable users to amplify returns from Wood’s gains or losses, in US dollars, euros or sterling....
...The trustees of the group’s pension funds have also warned that the higher levels of indebtedness inherent to both bids would weaken the covenant of the schemes....
...The ICAEW, which is partly funded by fees from accounting firms, said it had not received any contact from the PPF but that its board had declined a request from the pension scheme trustees last month to...
...Greg Sterling, a veteran search analyst, said many search users will have failed to notice much improvement, and that product searches in particular remain highly frustrating....
...Measures due to come into force this year will give trustees and scheme managers powers to block or delay pension transfers delaying if there is a sign of a fraud attempt....
...The new Asda owners pulled in over £8bn of orders for the £2.75bn debt sale — making it the largest-ever sterling junk bond....
...Murphy arrives from Shearman & Sterling, where he was a member of its Asia asset management and investment funds practice....
...Job moves Jones Day has hired Josh Sterling as a partner in its financial markets practice....
...Phalippou’s take on the pension funds question: some institutions’ private equity specialists don’t complain about returns for fear of losing their jobs, and some trustees may lack financial literacy....
International Edition