Michelle Abrego

Thanks to John Johnston for the POLITICO Europe London Influence story on the training gap between white PR Professionals and those from BME backgrounds. The Chartered Institute of Public Relations State of the Profession survey showed that white practitioners are: - more likely to have received training in the previous 12 months (81% vs. 74%) - are more likely to have agreed training needs with managers - and are less likely to have had requests for training turned down (36% vs. 47%).   This represents statistically significant gap in the training experiences and opportunities of UK BME PR professionals compared to their white colleagues. Not only is training vital for an individual’s progression, and internal profile, as it can shape how an employer views their ability and seniority, lack of access can impact overall achievements as well as retention - a key point brought up by Matthew Otubu. And based on previous research and people's lived experience, it’s also a red flag for other missed work opportunities and unspoken barriers to fairness and inclusion. Sadly the training gap is not surprising but it is unacceptable and, in an age of skills shortages, inexcusable. #PR #Comms #DiversityandInclusion #Training https://lnkd.in/eCZypZM8

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So important for Schroders to be part of this crucial Financial Times debate - 'How to reboot Britain's capital markets' - https://shorturl.at/MtqSv. Peter Harrison, Schroders Group Chief Executive, said: "The amount of money which is flowing into people's savings is nothing like sufficient to provide for them in retirement. But even when it gets into their pension pots it's then directed to low returning assets that are low risk." #investment #london #capitalmarkets #pensions #economicgrowth

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My latest investigation before the Xmas holidays for Investment Week is finally out! I analysed the world of investment trust NEDs, their relationship to private company valuations, and whether their level of skills and training is enough to effectively accept or challenge private valuations. Over a year of work, countless on- and off-the-record conversations and an ever-increasing demand for private market opportunities later, and here it is!

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The more bank-like they get, the more risk fintech companies pose to the wider economy as they lend more and hold more customer cash. Maybe they ought to be regulated more like banks? Claire Brownell digs in. #Canada #banking #fintech #Shopify

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Investors ought to think very hard before voting in favour of share buyback mandates. I sometimes wonder if they are just giving companies a licence to punt around in the market. What purpose does it really serve? Here’s the latest #MarkToMarket column, which ran in today’s edition of #TheBusinessTimes: https://lnkd.in/ggSyXt6T

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Some people tell me I’m nuts to assume boards and IFAs will do more than the bare minimum in these instances. Maybe they’re right. Anyway, here’s my latest contribution to the #HockLockSiew column in #TheBusinessTimes: https://lnkd.in/gXRiKa8F

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Tons of insight here into #newsletter strategy from Jon Connell of The Knowledge, including how trying to overdeliver can end up putting audiences off. Crucially though, I think the key takeaway is that even with a history of successful product launches in legacy media behind them, the Knowledge team is approaching a newsletter business with an experimental mindset https://lnkd.in/edeUkBVR #newsletters #mediabusiness #podcasts

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I’ve spent months speaking to both fund selectors and fund salespeople: what have I learned? I began as editor of Citywire Selector this year but have continued to write for a distribution audience via my Inside Asset Management newsletter (weekly on Thursdays, don’t miss it). A question from a young fund salesman last week prompted me to start piecing together just what worked best with selectors. He wanted to know what salespeople were doing the best job. Well, I have started to see where what selectors want and what salespeople say they are doing are matching up. Take a look, exclusively on Selector 👇 #assetmanagement #fundselection #sales #citywireselector

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The value in ValueMax makes it a potential privatisation play https://lnkd.in/grkXPbgg

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The growing clout of proxy advisory firms? A Mint review of filings made by public companies to the National Stock Exchange showed that between 1 April and 27 July, large public institutions opposed at least 137 resolutions of 1,300—about one in 10—put forth by 650 companies. Each of these 137 resolutions saw at least 33% votes against the resolution, as per Mint's research. These include the continuation of Pranav Adani, Gautam Adani's nephew, as a director at Adani Wilmar Ltd; chairman Gautam Singhania at Raymond Ltd; vice chairperson Radhika Piramal at VIP Industries Ltd; and chairman Habil Khorakiwala at Wockhardt Ltd.  https://lnkd.in/gPgCt7xq

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Greater transparency, more funds passing on the economies of scale, and Isa simplification are just some of the items on my Christmas wish list for the investment industry. What's on yours? #investing #christmasmiracle #funds #fundinvestor https://lnkd.in/eAZwRqDy

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'Support an unconventional view when it is wrong until it is right.' PGIM CEO David Hunt has been at the helm of the $1.3tn fund group for 12 years, so I wanted to ask him about leadership and culture. He gave a very interesting answer. See the full response (clipped below) exclusively on Citywire Selector 👇 https://lnkd.in/eQEeJ6nq #leadership #CEO #assetmanagement #insideassetmanagement #investing #citywireselector

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The impacts of the strengthening blizzard of noise/misinformation mean corporate decision makers are increasingly reliant on trusted sources to inform their future direction. Day in day out the FT delivers a level of accuracy that meets this requirement.

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Rachel Reeves's speech today was short on policy, as one might expect from a party conference, and heavy on priorities like industrial investment and growth. No great moves in markets at all in response. Really, however, this is just the start of the road to the budget in October. That's when the detail on policy will come for investors to digest and assess, with today much more about trying to raise the gloomy mood. Between now and then, the challenge will be ensuring investors think the plans are credible to keep the brightening view toward the UK that's emerged recently on track. That, plus the pound, positivity on UK retailers and a new offer for Rightmove in Markets Today #rachelreeves #markets #economy #uk https://lnkd.in/euH6QP23

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Had a really interesting chat with Legal & General Investment Management (LGIM)'s Michael Marks about the exec pay and UK listings debate and the key issues the fund group has on its radar heading into AGM season. #AGM #ESG #assetmanagement https://lnkd.in/e8TUUwA9

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Should we all be investing in artificial intelligence? Ben Rogoff, manager of the Polar Capital Technology Trust, certainly thinks so. Personally, I'm still a bit too worried about the likelihood of a Terminator/SkyNet type scenario, but he assured me this is far down the list of risks. What do you think - investment opportunity, market bubble or pending apocalypse? #investing #tech #techfund #artificialintelligence https://lnkd.in/eK9_xmWg

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Great piece from Dietmar Schantin for International News Media Association (INMA) on valuable KPIs, and how they doesn't necessarily align with time spent reading. eg: "A reader who spends 15 minutes scrolling through a difficult-to-navigate article may not actually be more engaged than one who finds exactly what they need in two minutes. Time metrics risk prioritising quantity over quality, leading to content strategies that favour length over substance and risking reader frustration and disengagement." #digitaljournalism

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At a time when limited partners are pushing fund managers to exit their portfolio companies to generate returns, other factors should not be overlooked. Sam Robinson of North East Private Equity spoke to Ngoc Nguyen about the importance of total value to paid-in (TVPI) capital and other less-talked-about metrics. Read today's LP View Column in DealStreetAsia : https://lnkd.in/dm6AhU9d

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Here is a reminder of a survey from Botoff Consulting - about which I wrote recently - that aims to drill into details of family offices' compensation. An important subject, about which Family Wealth Report will report as soon as the report emerges. https://lnkd.in/e_ucnTtZ Take a look at the link to participate #compensation #survey #wealthmanagement Trish Botoff Ronald Botoff https://lnkd.in/e3wSeP9Q

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