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The Davenport Equity Opportunities Fund managers are unafraid to be different when it comes to finding high-quality investments to add to their fund. Beyond that, there's little restriction on the types of investments Pearson and Smith are looking at. Owner-operated businesses are a favorite for the fund managers, who prefer to find management that has skin in the game. AdvertisementFinally, the fund managers aren't afraid to hold onto their investments even if the market disagrees with their thesis. "Longer term, I think healthcare is an interesting place to invest just given the innovation, the stable demand, and the importance to society."
Persons: George Smith, Chris Pearson, Smith, who's, Pearson, we're, they're, Stocks, hasn't Organizations: Service, Business, The, The Davenport Equity, Fund, Opportunities Fund, Davenport Equity, Pearson, Nation Entertainment, Ticketmaster, Kinsale Capital Group, Clean Harbors Locations: The Davenport, Davenport, Kinsale, Richmond, Avantor
The Crown, the cabinet and the UK's legacy of slavery
  + stars: | 2023-11-25 | by ( ) www.reuters.com   time to read: +1 min
At the start of the 19th century, a British politician named George Smith grew rich from slavery. Hear our previous podcast about America's slavery legacy in which we follow two Reuters journalists on their personal journeys to confront family connections with slavery. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. Further ReadingThe Crown, the cabinet and the UK's legacy of slaverySlavery’s Descendants. The ancestral ties to slaveholding of today’s political eliteAfrica seeks action plan on slavery reparations at Ghana conferenceAfrican, Caribbean nations join forces to call for reparations for slaveryEU says slavery inflicted 'untold suffering', hints at reparationsOur Standards: The Thomson Reuters Trust Principles.
Persons: George Smith Organizations: Apple, Google, Reuters, nation’s Treasury, Thomson Locations: British, Jamaica, Africa, Ghana, Caribbean
The Crown, the Cabinet and the UK’s legacy of slavery
  + stars: | 2023-11-24 | by ( ) www.reuters.com   time to read: +11 min
British banks backed large parts of the U.S. slavery economy, and British factories were the world’s largest customers for the cotton produced by plantations in southern U.S. states. In 1663, it was granted a monopoly by King Charles II for the British slavery trade. In 1794, Eli Whitney patented the cotton gin, a machine that would transform the U.S. slavery economy. Mill owners including the Arkwrights, one of the richest families in the industry, were Smith family clients. Two British travel writers visited Farm Pen in 1837, when the land was still in Smith family hands.
Persons: , Nick Draper, George Smith, King Charles, Hunt, Trevor Burnard, , ” Burnard, Smith, Edward, René Payne, Payne, John Tunno, John de Ponthieu, … ” Edward Payne, slaveholder John de Ponthieu, de Ponthieu, buryed, King Charles II, John Montagu, Edward Montagu, Montagu, ” John Montagu 11th Earl of Sandwich, Edward Montagu , 1st Earl of Sandwich, Nicholas Radburn, ” Radburn, Brookes, , Eli Whitney, Rothschild, Geoffrey Clifton, Brown, William, James Brown, James, Clifton, Harriman, Draper, Morgan Chase, Joseph Sturge, Thomas Harvey Organizations: America, University College London, , Wilberforce Institute, University of Hull, , Reuters, Company of Royal Adventurers of, Royal African Company, The Company, Royal Adventurers of, Lancaster University, Traders, Transatlantic, Brown Brothers, Brown, Harriman & Co, Planters Bank of Tennessee, Planters Bank of Mississippi, Rio, Spanish Town Locations: Britain, U.S, British, Caribbean, British Caribbean, America, English, Nottingham, London, West India, Bristol, Liverpool, United States, South Carolina, Charleston, Barbados, Africa, North, Clifton, New York, Louisiana and Mississippi, Louisiana, Jamaica, Kingston, Spanish
The S&P 500 on Thursday climbed 1.9% to log its best one-day gain since April. The S&P 500 has gained an average 6.7% from November to April since 1990, according to CFRA data. “We remain comfortable with our long-standing 3,900 year-end target for the S&P 500,” he wrote in a note on October 29. The S&P 500 closed Thursday at about 4,318. “The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives,” the company said in a short statement.
Persons: Jerome Powell’s, , George Smith, Mike Wilson, Morgan Stanley, Liam Reilly, Oliver Darcy, , Read, Hanna Ziady, Andrew Bailey Organizations: CNN Business, Bell, New York CNN, Investors, Dow Jones, Dow, Federal, Treasury, LPL, Disney, Hulu Disney, Comcast, Bank of England, of England, ” Bank of England Locations: New York, Hulu, Israel
CNN —The Israel-Hamas war is sending investors in search of defensive assets. Israel declared war on Hamas Sunday after the Palestinian militant group launched a brutal attack that killed at least 1,300 people. But investors have since bought up shares of virtually risk-free government bonds, indicating that Wall Street remains worried. Utilities, energy and real estate stocks have also outperformed the broader S&P 500 index’s roughly 1% gain this week. In August, a recently passed EU law known as the Digital Services Act went into effect for large online platforms, including the companies Breton addressed this week.
Persons: , George Smith, Bryan Hinmon, Hinmon, hasn’t, TikTok, Shou Zi Chew, Thierry Breton, Brian Fung, Breton, ” Breton, TikTok didn’t, Anna Cooban, ” Russia’s, Andrei Belousov, Read Organizations: CNN Business, Bell, CNN, Stock, Treasury, LPL, Twitter, Meta, Digital Services Locations: Israel, Palestinian, Saudi Arabia, Russia, Ukraine, Chew, Moscow
Koroibete wins second Australia player of the year award
  + stars: | 2023-04-24 | by ( ) www.reuters.com   time to read: +1 min
SYDNEY, April 24 (Reuters) - Marika Koroibete won the 2022 John Eales Medal as Australia's player of the year on Monday despite missing the end of year tour to Europe because of his club commitments in Japan. The powerful Fiji-born winger came out top in a ballot of Wallabies players ahead of loose forward Rob Valetini after some outstanding performances during the July series against England and the Rugby Championship. Koroibete, who also took the award in 2019, joined George Smith, Nathan Sharpe, Michael Hooper, Israel Folau and David Pocock as multiple winners of the accolade. "It's been a dream come true to represent the Wallabies and I hope I can continue to contribute to the team in what's a massive year ahead." Reporting by Nick Mulvenney; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
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