Imposter syndrome is a big problem – here’s how to tackle it October 22, 2019 Ever been overwhelmed by self-doubt at work? Fearful of being exposed as a fraud, inadequate, or a failure – despite evidence proving the opposite? You are not alone. Many of us occasionally experience a feeling of being an imposter at work – downplaying our abilities with a sense that we’re not quite good enough. Starting [...]
Stop taking Britain’s glittering fintech status for granted October 22, 2019 The preaviling narrative in the UK is that the Europeans were deeply disappointed by the 2016 Brexit referendum result, and have been imploring Britain to think again. And, indeed, some have. But, just like British Leave voters in 2016, many Europeans regard Brexit as a unique opportunity for their own countries. Over recent months, I [...]
MPs demand parliament’s pension fund divests from fossil fuels October 22, 2019 Three hundred MPs are calling on the trustees of the £700m Parliamentary Pension Fund to end their investments in fossil fuel companies. The cross-party initiative has the support of the leaders of Labour, the Liberal Democrats and the SNP as well as senior Conservatives. It comes as the fund’s trustees are preparing to announce a [...]
Neil Woodford saga could put investors off long-term bets October 21, 2019 Fallout from the collapse of Neil Woodford’s investment empire could deter investors from making long-term bets on young companies, the head of the state-owned British Business Bank’s venture capital arm has said. British Patient Capital chief executive Catherine Lewis La Torre told City PM that fallout from the scandal “definitely has repercussions in terms of [...]
Hedge fund Lansdowne bets on market reversal in major portfolio shakeup October 21, 2019 Hedge fund Lansdowne Partners has reportedly undergone a major repositioning of its portfolio, betting that financial markets are nearing a reversal that will lead to falling bond prices and a slump in tech stocks. Read more: Thomas Cook collapse set to net hedge funds millions Lansdowne, one of Europe’s biggest hedge funds, is predicting a [...]
Fintech Ebury expands international reach with acquisition of Frontierpay October 21, 2019 Ebury has acquired international payroll payments provider Frontierpay as the London-based fintech seeks to expand internationally. Ebury, one of Europe’s largest fintech firms, offers foreign exchange services and trade finance to small and medium sized businesses designed to make it easier for businesses to trade internationally. Read more: London overtakes New York to steal global [...]
Temasek makes $3bn offer to take control of Singapore’s Keppel Corp October 21, 2019 Sinagaporean sovereign wealth fund Temasek is offering to buy a majority stake in oil rig-builder Keppel Corp in a deal worth around 4 billion Singaporean dollars (£2.3bn). Temasek, which already owns 20.5 per cent of Keppel, said it would increase its stake to 51 per cent. As well as rig-building, the Singaporean conglomerate is also [...]
M&G makes debut as Prudential demerger completed October 21, 2019 Prudential has completed the demerger of its fund management and insurance arm M&G, whose shares have now debuted on London’s main market. M&G was valued at around £5.6bn following the spinoff, which gave investors shares in both companies. Read more: M&G Prudential backs London with £875m investment in City skyscraper Life insurer Prudential announced plans [...]
Is oil’s relationship with energy stocks slipping? October 21, 2019 | City Talk Our chart of the month shows that the link between energy stocks and oil appears to be on the slide. What’s happening? Typically, the US energy sector trades in tandem with oil prices. The sector is largely made up of household names like Exxon and Chevron, involved in exploration and production. They are known as [...]
Personal assistants are the City’s unsung heroes October 21, 2019 Accepting a leadership role has always meant taking on a certain level of stress and pressure. However, evidence suggests that the strain on executives is increasing. A worrying study by the Institute of Directors found that 57 per cent of managers and directors have experienced mental health issues as a result of workplace pressures, with [...]
