Neon Italy has announced the appointment of Paolo Olivari as Claims Manager with immediate effect. Paolo will primarily focus on Hull claims and will report to Sergio Revello, CEO of Neon Italy. Paolo joins Neon Italy from Generali where he ran their Global Corporate and Commercial Marine Hull claims department… Read More »
Hermes Investment Management, the £36 billion manager, has announced the expansion of its global stewardship and engagement team, Hermes EOS. Kimberley Lewis has been appointed as Engagement Director, focusing on enhancing the activities of Hermes EOS in North America. Based in London, she reports to Bruce Duguid, Head of Stewardship. The Hermes… Read More »
Vanguard announces the passing of John Clifton Bogle, founder of The Vanguard Group, who died today in Bryn Mawr, Pennsylvania. He was 89. Mr. Bogle had legendary status in the American investment community, largely because of two towering achievements: He introduced the first index mutual fund for investors and, in… Read More »
Recent data on the German industrial production show a rapid drop in the economic activity. The quarterly change was already at -5.5% in the third quarter (annual rate). At the end of November, the carryover for the last quarter of 2018 is at -7.8%. There is a strong consistency between… Read More »
Alibaba’s A.I. Labs and BMW announced a new collaboration in voice activated mobile solutions today at the Consumer Electronics Show 2019 (CES) in Las Vegas. Tmall Genie, the voice assistant developed by Alibaba A.I. Labs, will be available in-car to BMW customers in China by end of 2019. BMW will… Read More »
REYL Group has appointed Stephan Aepli to head its new external asset managers team effective 1 January 2019. He is tasked with structuring and promoting the Bank’s tailored offering for external managers and their clients. Mr Aepli reports to Lorenzo Rocco di Torrepadula, Partner and Head of Wealth Management. Stephan… Read More »
The end of each year sees finance experts publish their forecasts for the coming year. After a 2018 full of twists and turns, what about 2019? We identify three major topics which will have to be taken on board and which will have a major impact on what the financial… Read More »
As climate discussions are underway among global leaders at COP24, the annual United Nations Framework Convention on Climate Change (UNFCCC) conference, a new report released Tuesday showcases the feasibility of a European energy transition to 100% renewable sources. The new scientific study shows that the transition to 100% renewable energy… Read More »
Share buybacks are one of this year’s red hot topics in the US and regularly hit the headlines, amid claims that the bullish equity market is underpinned solely by this factor, or that it increases social inequalities. Without wishing to enter into this sterile debate, it transpires that the dominant… Read More »
Economic activity remains solid, with the first estimate of last quarter’s GDP growth in line with strong activity. The most positive contributions to aggregate growth came from consumer spending – which accelerated to 4% growth (prior 3.8%), as well as government spending (+3.3%). This is in line with lower federal… Read More »