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Odey to Shutter Only Fund Run by Female Money Manager

(Bloomberg) -- Odey Asset Management is shutting an emerging markets fund as the firm continues to reorganize in the wake of sexual assault allegations against founder Crispin Odey.Most Read from BloombergHuawei Is Building a Secret Network for Chips, Trade Group WarnsMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekBorrowers With $39 Billion in Student Loans Finally See ReliefHalf a Million US Jobs at Risk

Former Newton EM heavyweight launches own boutique venture

Brook AM expands GEM team with second Newton hire

Investment Week is hosting its Global Emerging Markets Briefing at a pivotal time for investors as they start to position for the recovery from the Covid-19 pandemic, although risks remain. During this interactive briefing, we will hear from a number of global emerging market managers about their response to the extraordinary events of the past year and their outlook for the rest of the year and beyond. The managers will identify where they are seeing the biggest opportunities and risks at the moment in emerging markets and explain the role their strategies could play in client portfolios. Attendees will also get the chance to network with peers, quiz our speakers, as well as benefit from CPD points

Odey AM swipes second EM manager from Newton for new funds business

Odey AM swipes second EM manager from Newton for new funds business Sophia Whitbread reunited with long-time Newton colleague Rob Marshall-Lee who was poached for Brook AM last November Odey Asset Management has swiped emerging markets manager Sophia Whitbread from Newton Investment Management for its newly created funds business.  Whitbread (pictured) will join Brook Asset Management, launched by Crispin Odey’s eponymous funds business, in June as an assistant portfolio manager on its Global Emerging Markets strategy.   There she will be reunited with long-time Newton IM colleague Rob Marshall-Lee who was poached by Odey last November to head up its brand-new emerging markets business.  

Newton EM equity outperformer joins Odey's reformed business

IT cos offer non-financial perks to contain attrition

IT cos offer non-financial perks to contain attrition Premium 2 min read Share Via Read Full Story Information technology (IT) companies are offering non-financial perks to employees to reduce attrition levels, which are likely to go up as the demand for tech professionals bounces back. Employers this year are offering more leaves, career enhancement paths, and flexible work environment as benefits, besides salary hikes to retain employees. Hiring has picked up across the spectrum in 2021 and voluntary attrition may rise from last year’s low levels when people found it risky to change jobs during the pandemic. TRENDING STORIESSee All 1 min read

Industry body pushes for lower GST rate on packaged snacks, foods

Industry body AIFPA pushes for lower GST rate on packaged snacks and foods In terms of value, foods contribute 57% to FMCG sales, according to Nielsen (HT) Share Via Read Full Story Food processors have asked for lower and equitable goods and service tax rates on packaged snacks such as potato chips and pickles ahead of the GST Council meeting next month. The industry has reiterated its request through the All India Food Processors’ Association (AIFPA), which represents large firms such as Haldiram’s, PepsiCo, Marico, Britannia, ITC and Bikanervala. TRENDING STORIESSee All 1 min read PAN-Aadhaar card linking deadline ends today. How to do it online

Hydrogen usage can be a game changer for India

Hydrogen usage can be a game changer for India Hydrogen usage can be a game changer for India 2 min read India’s National Hydrogen Energy Mission, which is in the works, may mandate fertilizer, steel and petrochemicals industries to shift to green hydrogen use. The proposal may be taken up by cabinet for approval soon. Mint explains the importance of hydrogen in India’s energy mix. Share Via Read Full Story India’s National Hydrogen Energy Mission, which is in the works, may mandate fertilizer, steel and petrochemicals industries to shift to green hydrogen use. The proposal may be taken up by cabinet for approval soon. Mint explains the importance of hydrogen in India’s energy mix.

India adds 3.2 GW solar capacity in 2020; lowest in 5 years: Report

India adds 3.2 GW solar capacity in 2020; lowest in 5 years: Report The idea of a World Solar Bank has gained traction as many ISA member countries may have difficulty raising finances on their own (MINT_PRINT)Premium . Updated: 23 Feb 2021, 09:29 PM IST PTI Andhra Pradesh, Rajasthan, and Gujarat were the top three states for large-scale solar capacity additions, representing around 51% of 2020 installations Share Via Read Full Story NEW DELHI : India added 3,239 megawatt (MW) solar capacity in 2020, down 56 per cent from the previous year, according to a report.  The adding of 3,239 MW of solar capacity was the lowest addition in five-years-time, Mercom India Research said in its report on Tuesday.     

Bengaluru airport installs disabled aircraft recovery kit

Bengaluru airport installs disabled aircraft recovery kit Disabled aircraft recovery kit Share Via Read Full Story Bengaluru's Kempegowda International Airport (KIA) on Tuesday announced the installation of disabled aircraft recovery kit, which will help the airport operator remove a disabled aircraft at the runway, and thereby restoring the operations at the earliest. The transportable kit is capable of recovering Code F-compatible aircrafts during an aircraft incident on the runway, ensuring that runway closure is minimised, Bangalore International Airport Ltd (BIAL), the private airport operator managing and running the KIA, said in a release. TRENDING STORIESSee All 1 min read PAN-Aadhaar card linking deadline ends today. How to do it online