Do macro headlines create white noise which impacts market prices? Portfolio Manager at Harris Associates, David Herro, discusses how market volatility can create opportunities to buy good business at a discount.
Sainsbury’s Bank is nearing a relaunch into mortgage lending after nearly 12 years. Last April the bank brought in Colin Snowdon as a consultant to investigate a possible launch into mortgage lending. Snowdon brought Aldermore to market and was chief executive of specialist lender and Merril Lynch subsidiary Wave Mortgages before it stopped lending in […]
Aegon is selling two-thirds of its UK annuity portfolio to specialist insurer Rothesay Life for an undisclosed sum. The deal will see Aegon reinsure £6bn worth of liabilities to Rothesay Life, with the transfer process taking place over the next two years. Aegon will continue to make annuity payments to customers on behalf of Rothesay […]
The commercial challenges involved with growing a small business into a big one are tough enough in any field. Building a management team able to lead the culture needed to maintain quality when dozens do what a few once did, not to mention managing the technology required to accurately replicate personal service at scale, are […]
By Rob Burnett, head of European Equities at Neptune The ECB delivered a strong package in its latest policy announcement that managed to find the right balance between supporting the economy and not endangering the banking system. The EU banking system is very sensitive to negative rates and, if the ECB were to have cut […]
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