DMGT announces the retirement of David Dutton with effect from the end of June, ORBCOMM, a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, is announcing that it will provide its satellite AIS data to Genscape and Dhaval Joshi, Chief Strategist at BCA Research, shares his views on the Brexit vote.

DMGT

DMGT has announced the retirement of David Dutton with effect from the end of June 2016. He will continue to work with the Group taking up an advisory role for 12 months. At the same time DMGT announced the appointment of Suresh Kavan to the DMGT Board.

Read the full story on dmgt.com

RMS

Specialist Lloyd's insurer Marketform is announcing that it has re-launched as 'Neon', the re-launch coinciding with the completion of a strategic review of the business. The company is also to establish a footprint in catastrophe underwriting, following its recent commitment to a long-term strategic partnership with RMS, which was announced on 28 April. Neon CEO Martin Reith commented: 'Since my arrival, we have been working tirelessly to address legacy issues and transform the business... I look forward to our future with great confidence.'

Read the full article on insurancejournal.com

Patricia Grossi, Senior Director of Global Earthquake Modelling at RMS, is commenting on the attitude of younger people and newcomers to the San Francisco Bay Area towards insurance. She says: 'A lot of young people who are here today, just weren't around during the 1989 quake. They also see it as a low probability event. And they see earthquake insurance doubling their premiums. All those things are working together to reduce insurance purchases.' In 1989 a 7.1 magnitude quake impacted a 22-mile stretch of the San Andreas fault through the Bay Area.

Read the full article on stocktranscript.com

DMG INFORMATION

Metropix, the leading supplier of floor plan based products to the residential estate agency market and part of Landmark Information Group, has revealed a further increase in the use of floor plans tools by property letting agents in the UK. On analysing sample listings within the major portals during May, floor plans were available to view on 18% of rental properties. This compares to just 5.71% four years ago, when Metropix undertook the same analysis in June 2012. Brian Farrell of Metropix believes the increasing appetite for floor plans is a result of letting agents using them as a point of difference from competitors.

Read the full story on landmark.co.uk

In the USA, Hobsons is announcing that three K-12 schools and districts and three higher education institutions have been selected as finalists for the 2016 Hobsons Education Advances Awards, recognising their innovative work to improve outcomes for students. Schools from Pennsylvania, Arizona and Indiana have been shortlisted for the Naviance College and Career Readiness Award. Schools have also been nominated as finalists for the Hobsons admissions and Student Success Award, in Wisconsin, New Jersey and Missouri. The winners will be announced in July at the Hobsons Naviance Summer Institute conferences in Las Vegas and Arizona.

Read the full story on hobsons.com

ORBCOMM, a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, is announcing that it will provide its satellite AIS data to Genscape, for use by customers of Genscape's value added AIS-based solutions, in the shipping industry. ORBCOMM provides AIS data services through its advanced satellite network to assist in vessel tracking and improve maritime safety for government and commercial customers worldwide. Matthew Burkley, Chief Executive Officer of Genscape, commented that the partnership would enhance Genscape's ability to provide 'world-class products and services that enable transparency and actionable decision-making for participants in global shipping, commodities and energy supply chains.'

Read the full article on bloomberg.com

In a video interview at the Flame Conference 2016 Aaron Gill, Vice President of Maritime Sales, Genscape, is discussing the shale and oil markets in the current economic climate. He talks about the potential impact of pricing changes on LNG trading and explains some of the interesting things that are happening in terms of both pricing and trading in the LNG market. He also reflects on the need for both sellers and buyers to get more accurate pricing in the current climate, and the general variables of pricing in Europe.

Watch the video at youtube.com

Last week, EDR Insight's Dianne Crocker moderated a panel of economists at the 2nd annual Strategic Real Estate & Lending Summit in Manhattan. Experts from Cushman & Wakefield, Savills Studley and REIS shared their mid-year market updates on a range of topics including lending, property investment, the CMBS sector and economic growth. Collectively, the panel put the audience of lenders and brokers at ease that the slower-than-expected start to 2016 should not be interpreted to mean anything is inherently wrong with the market. Also noteworthy is that EDR's Marketing Director for Lending Solutions, Gary Kulik, was honored with the conference MVP Award. 'Like a nucleus, Gary Kulik is the center of the planning committee, a driving force that directs ideas, but is always completely respectful of other team members, and is truly like a nuclear explosion-full of unbridled energy,' in comments made by Art Saitta, Conference Chairperson and Assistant VP of Ridgewood Savings Bank.

Read the full article on edrnet.com

EDR's Lender Solutions team was in action last week at the Mortgage Bankers Association of NY's (MBAofNY) Strategic Real Estate & Lending Summit at the Affinia Hotel in New York City. EDR partnered with the MBAofNY to organise the full-day event that offered educational sessions on both commercial and residential lending. EDR's Dianne Crocker kicked off the day with a dynamic panel of commercial real estate economists in her session: 'The Future of Real Estate Lending in an Uncertain Market.' In addition to eight information-rich sessions, the audience was treated to a lunch keynote from Dottie Herman, President and CEO of Douglas Elliman, one of the most successful brokerage firms in New York. There was a healthy 12% increase in attendance on the 2015 event.

Read the full article on edrnet.com

EUROMONEY INSTITUTIONAL INVESTOR

In a Wall Street Journal blog, Mike Bird is writing about the imminent Brexit vote, noting that asset managers are paying more attention to what the bookmakers are saying than the opinion polls. Dhaval Joshi, Chief Strategist at BCA Research, points out that opinion polls got it wrong in the UK's last two major plebiscites - the September 2014 Scottish referendum on independence, and the May 2015 general election. Joshi said: 'The final opinion polls suffered a very significant and near-identical 3% underestimate of the ultimate desire for status quo.' Analysts expect the pound to rally if Britain votes to stay in the EU, and drop significantly if voters elected to leave.

Read the blog at wsj.com

A group of leading economists has been discussing monetary policies and interest rates at the kick-off session for this week's International Pension Conference of Montreal (IPCM). Session moderator Clement Gignac, Senior Vice President and Chief Economist at Industrial Alliance, set the tone when he said a new approach is needed to tackle the challenges faced by central banks. Peter Berezin, Chief Strategist, Global Investment Strategy at BCA Research, also contributed to the debate, saying: '...though austerity has been the name of the game in recent years, governments will start loosening the purse strings, bringing us from a deflationary world to an inflationary one. Everything central banks have done over the last 70 years sounded implausible. Before they did it.'

Read the full article on bloomberg.com

Abu Dhabi Commercial Bank (ADCB) is announcing that it has been recognised with the prestigious annual Euromoney Award for Excellence 2016, in acknowledgement of its excellence in Transaction Banking across the Middle East. Isaac Thomas, Transaction Banking Head, said it was a privilege to be awarded 'Best Transaction Service Bank in the Middle East'. Euromoney Awards for Excellence cover more than 20 global product categories, best-in-class awards in all regions and the best banks in close to 100 countries around the world.

Read the full article on albawaba.com

JVS AND ASSOCIATES

Belvoir Lettings is announcing that one of its brands, Belvoir, has won the Gold award for 'Lettings Franchise of the Year', the sixth time it has done so since the awards began seven years ago. The Lettings Agency of the Year Awards are held in association with The Sunday Times & The Times, and sponsored by Zoopla. It is the longest-running event solely focused on lettings.

Read the full article on thisismoney.co.uk

Henry Mance at the Financial Times reported that Zoopla CEO Alex Chesterman is one of several business leaders to receive an OBE as part of the Queen's 90th birthday honours. This summary from the Financial Times was produced by the Gorkana group.

Read the full article in the Financial Times (Registration required)