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...Terry Smith’s Fundsmith Equity Fund and Nick Train’s WS Lindsell Train UK Equity Fund were hit by redemptions every month in 2023, with annual net outflows totalling £1.4bn and £800mn, respectively, data...
...His help proves especially invaluable in the creation of Andersen Genève’s current world time model, the Tempus Terrae....
...Nygaard-Andersen said: “The past three years have been rewarding and challenging in equal measure....
...Entain, which owns the Ladbrokes and Coral brands, said Nygaard-Andersen had told the board of her decision to quit....
From Miles Dean, Head of International Tax, Andersen, London EC3, UK
...“We’re not seeing any let-up in the overall cost picture of the business,” said chief executive Jacob Aarup-Andersen....
...Nygaard-Andersen has attended several Grands Prix this year....
...Terry Hansen Milwaukee, WI, US...
...Nygaard-Andersen, who’d internally earned the nickname “Private Jette” from some staff within the finance and audit teams, also attracted scrutiny for her spending habits....
...The Marmite and Magnum maker has appointed executive search firm Spencer Stuart to conduct the search for Andersen’s successor, according to people familiar with the matter....
...Under Nygaard-Andersen, Entain embarked on a costly spree of bolt-on acquisitions costing more than £2bn while also losing share in several important markets....
...Nygaard-Andersen has become a lightning rod for criticism....
...Andersen is stepping down after nine years on the board, the last four as chair, following a search for his replacement led by the Spencer Stuart group....
...Bloomberg News earlier reported that TikTok was preparing to remove Andersen. The Information first reported on Beckerman’s memo....
...Andersen Cheng Founder and Executive ChairmanPost-Quantum, London SE1, UK...
...So I’d also say it’s about setting financial boundaries for myself....
...He castigated reporters for paying attention to the story, noting that the accuser on the tape, Pilnacek, was now deceased....
...Two funds managed by renowned fund managers Terry Smith and Nick Train made the Spot the Dog list for the first time in the category of worst performing funds by size....
...This article has been amended to clarify the period for which Terry Smith was paid £31mn, and the period of underperformance by Fundsmith Equity Fund....
...John D VarlaroChepachet, RI, US...
...The UN had too often been brought in “when technologies have already done damage”, Andersen had said in closing remarks at the UN’s environment assembly in Nairobi....
...According to HMRC, an estimated £7.6bn in R&D tax relief was claimed for the 2021-22 tax year, which corresponded to £44.1bn of R&D expenditure....
...The Ladbrokes owner said David would take over at the end of September or before, depending on when the company found a replacement for former chief Jette Nygaard-Andersen, who stepped down in December following...
...Jeffrey D ClementsChief Executive, American PromiseCambridge, MA, US...
...Headhunter Spencer Stuart is running a search process for Nygaard-Andersen’s replacement....
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