Tag Archives: Financial Times

Ed Hammond

FT names Hammond its U.S. M&A reporter

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Ed Hammond is the new mergers and acquisitions reporter in the United States for the Financial Times.

Hammond previously worked for the business newspaper in London as its property correspondent. He is now based out of New York.

He took over the property job in 2011 and is responsible for the FT’s coverage of commercial and residential real estate stories world wide. He also wrote the fortnightly Perspective Column for the FT Weekend’s House and
Home.

Hammond started is career in journalism as a graduate with the FT in 2007 and has worked as a reporter in a number of different sectors, including capital markets and heavy industry.

He has a degree in English literature and an MA in print journalism.

FT logo

FT seeks Asia editor for MandateWire

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MandateWire is a successful subscription publication that tracks and analyses the investment activities of institutional investors in Europe, North America and Asia.

The Editor for MandateWire Asia, based in Hong Kong, will report to the Managing Editor of FT Asset Management. The Editor will be responsible for the day-to-day management of the team of reporters and will contribute content as well. The reporters’ responsibilities include conducting in-depth interviews, drafting intelligence reports for publication on our database and daily newswire, and keeping the internal contacts database up to date.

This is a broad role that includes performance management of the team, sending the email alerts, editing news and reports, and working closely with the European and North American editorial teams to collate the quarterly and annual Deal Flow report.

The successful candidate will be fluent in English and preferably of the following languages: Mandarin, Japanese or Korean. Other useful languages include Cantonese, Thai and Malaysian.

Main Duties and Responsibilities

  • Generate news stories, chase news leads, write content for Deal Flow in conjunction with the Editorial Researchers
  • Edit all reports prior to their being posted on MandateWire Asia
  • Send out email alerts
  • Manage the team of reporters with a key emphasis on performance management and motivation
  • Ensure reporters are meeting the required expectations for numbers of stories and inputting of data
  • Coordinate the implementation of strategies agreed by senior management
  • Other duties will include managing the day-to-day newsroom operations, editing materials in various stages of development for accuracy, tone and appropriate style as well as the on-going training / support of the reporting  staff

PERSON SPECIFICATION

Experience:

  • Reporting and editing experience preferably within the money management/finance sector
  • Conducting interviews with senior professionals and cold calling
  • Managing a team, including hiring, setting  objectives,  performance management,  conducting appraisals
  • Knowledge of the institutional money management industry

Skills:

  • Fluent English and one or more of the following:  Mandarin, Japanese or Korean.
  • Excellent communication skills and a professional telephone manner. The role involves speaking with senior institutional investment decision makers; the ability to create a rapport with these contacts is essential.
  • Ability to analyse large amounts of data and identify relevant material.
  • Superb organisational skills to manage time  effectively, scheduling calls, inputting data and meeting all deadlines.
  • Good level of computer skills. Knowledge of  Microsoft Word and excel are a must along with a basic knowledge of HTML.

Attributes:

- Well organised

- Polite and confident telephone manner

- Knowledge of financial terminology

- Confident and able to perform under pressure to daily deadlines

- Eye for detail – both for editing stories and sifting through large amounts of data in annual reports

- Ability to multi-task

To apply, please send resume and cover letter to Eduardo Llull at eduardo.llull@ft.com.

Please note this is a local hire thus local terms and conditions shall apply.

FT Flipboard

A financial news CTO explains his job

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Martin Bryan of TheNextWeb.com interviewed John O’Donovan, the chief technology officer of The Financial Times, about his job.

Here is an excerpt:

Anything else you can tell us about what you’re working on?

Our editorial team are continually exploring different ways to tell a story using data, providing a richer level of analysis by proving it or disproving it with data, interactive or graphics. We second some of our front-end developers from the IT department to the newsroom, allowing us to support our editorial skillset.

Community and social is of course an area we want to do more in. The FT uses social media to build communities and deeper relationship with readers, for example using Facebook to ask followers in Brazil what they thought would stop the protests there and selecting some of their answers for use on ft.com. We encourage readers to connect with our content and our journalists to reply to readers comments. We run polls on ft.com, host Twitter chats and choose readers’ comments to appear in a dedicated box on the ft.com homepage.

Technically we are investing in hybrid models for using cloud in a sensible and sustainable way. I’ve used a lot of cloud services and am now into a mature phase of looking at what works best in a way that spans the infrastructure options available. It is still an immature market.

There are also some exciting opportunities in working closer with (FT parent company) Pearson which are playing to the strengths of both brands.

Read more here.

FT logo

Lionel Barber, editor of FT, on changes at the paper

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Here is the full memo from Financial Times editor Lionel Barber on changes at the paper:

We are now ready to take the next steps in our successful “digital first” strategy. This is an exciting but also challenging opportunity for all journalists at the Financial Times. It means changes in work practices, a further shift of resources to ft.com and a significant reshaping of the newspaper.

Our plan is to launch a single edition, global print product in the first half of 2014. The new FT will be redesigned and updated to reflect modern tastes and reading habits. It will continue to exude authority and quality, delivering a powerful combination of words, pictures and data to explain the most important issues of the day.

The new FT will be a better paper to suit the times. It will remain a vital part of our business, contributing significant advertising and circulation revenues. But, crucially, it will be produced differently and more easily. The changes will impact the structure of the newsroom – and the way we practise our journalism.

Here are some pointers:

First, the 1970s-style newspaper publishing process – making incremental changes to multiple editions through the night – is dead. In future, our print product will derive from the web offering – not vice versa. The new FT will be produced by a small print-focused team working alongside a larger integrated web/day production team.

Second, the structure of our planned single edition, possibly single section newspaper means minimal late evening changes and more templating of standard pages. We will however retain flexibility for a tailored UK edition with UK news pages. Our main design effort will focus on “show pages” with accompanying rich data and graphics.

Third, our news editors and reporters will shift further away from reactive news gathering to value-added “news in context”, while remaining faithful to the pursuit of original, investigative journalism. News editors will need to do more pre-planning and intelligent commissioning for print and online. This will require a change in mindset for editors and reporters but it is absolutely the right way forward in the digital age.

Overall, these changes will mean that much of the newspaper will be pre-planned and produced. Production journalists will publish stories to meet peak viewing times on the web rather than old print deadlines. The process will be akin to a broadcasting schedule. Where once we planned around page lay-outs, we will now adopt a news bulletin-style approach.

Finally, the changes in newspaper production will require further changes in working practices. I understand that this will challenge those long been used to late evening work. But as we move into the next phase of digital first, colleagues need to make informed choices about their careers at the FT and where opportunities lie.

We will need to move more resources from late evening to day and from afternoon to morning, notably in London. Production journalists will be digitally focused. Online, we will concentrate on smart aggregation of content from our own journalists and third parties. However, the emphasis online will be on articles rather than section pages.

FT journalism must adapt further to a world where reporters and commentators converse with readers. Our goal must be to deepen engagement and ensure we meet readers’ demands whenever and however they turn to us for breaking news and quality analysis. FastFT, one of our most successful innovations this year, has shown our determination to do just that. More is to come.

Our approach to the newspaper and ft.com is a logical extension to the changes we have made in the newsroom over the past decade and more. Thanks to these changes, the FT has established itself as a pioneer in modern media.

We have transformed our business model, successfully charging for content and building a global subscription business. Last year, our online subscriptions surpassed our print circulation for the first time. Today, we have more than 100,000 more digital subscriptions than print sales.

This is no time to stand still. The competitive pressures on our business to adapt to an environment where we are increasingly being read on the desktop, smart phone and tablet – remain as strong as ever. The pace of change, driven by technology, is relentless as I was reminded once again during my recent conversations in Aspen and Sun Valley.

I want to thank all FT journalists for their dedication to the cause. These are challenging times. But as long as we embrace change and continue to innovate, we will continue to produce the world-class journalism of which we are all proud.

FinancialTimes

Financial Times moving to single print edition

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The Financial Times plans a path-breaking changes to the production of its printed newspaper that appear to be the penultimate step towards becoming a digital-only publication, reports Roy Greenslade of The Guardian in London.

Greenslade writes, “A lengthy memo sent yesterday afternoon to staff by the editor, Lionel Barber, stated that the pink paper plans ‘to launch a single edition, global print product in the first half of 2014.’

“In effect, it means that the FT’s paper will no longer be a ‘news’paper. There will be only ‘minimal late evening changes’. Late-night working will virtually cease. Barber explains:

‘The 1970s-style newspaper publishing process – making incremental changes to multiple editions through the night is dead. In future, our print product will derive from the web offering – not vice versa.’

“Instead, the ‘pre-planned’ paper’s content will be focused on explaining ‘the most important issues of the day’ with ‘show pages’ of data and graphics.

“Barber says ‘journalists will publish stories to meet peak viewing times on the web rather than old print deadlines.”

Read more here.

LatAm Confidential

Financial Times launches LatAm Confidential

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The Financial Times has launched a premium news service about Latin America called LatAm Confidential.

Richard Lapperof LatAm Confidential writes, “Launched in September 2013, LatAm Confidential incorporates Brazil Confidential, extending our analysis of macroeconomic developments, consumer markets, resources and the progress of infrastructure projects to the whole of the Latin American region. We will cover Latin America and the Caribbean, but the focus of much of our survey work will be on the six markets that are most interesting to investors and to our subscriber base: Argentina, Chile, Colombia, Mexico and Peru, as well as Brazil.

“The Brazil Confidential archive, built up since we launched the service in February 2011, is now available as part of the LatAm Confidential subscriber package.”

The service is led by Lapper, who has been Principal of Brazil Confidential since its inception. Lapper has more than 20 years experience at the FT, including a decade as the FT’s Latin America editor.

Lapper commented: “LatAm Confidential is a natural progression for the Confidential series, which now extends its expertise to over 12 emerging markets. The expanding suite of Confidentials reflects the growing demand for competitive insight and in-depth analysis on growth markets, which helps investors and corporations move early on trends and make more informed decisions.”

Financial Times app

Financial Times reboots app

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Business newspaper The Financial Times has introduced a refreshed version of its web app for visitors using an iPhone, iPad or Windows 8 device, reports Doug Drinkwater of The Tab Times.

Drinkwater writes, “The daily newspaper announced the redesigned site on Wednesday and the changes see the inclusion of a customizable content hub where readers can store previously read articles as well as read new and recommended articles.

“The web app also sees the FT improve web navigation and introduce more multimedia content, like videos, hi-res images and embedded images.

“The FT famously went with HTML5 after growing disillusioned with Apple’s policy on developer fees and user data and eventually abandoned its iOS app in May of last year. Rob Grimshaw, the FT’s managing director, admitted to TabTimes last year that it was a ‘bold decision’ but said that bigger publishers have the power to barter with Apple and other platforms.”

Read more here.

Roula Khalaf

FT names new foreign editor

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The Financial Times announced Monday the appointment of Roula Khalaf as foreign editor and assistant editor, effective Oct. 15.

With 13 years experience as the FT’s Middle East editor, Khalaf takes on this new strategic role to support the FT and its global network of foreign correspondents.

“Roula has been an outstanding Middle East editor for more than a decade, overseeing the launch of the Middle East edition and leading our coverage of the Arab spring,” said Financial Times editor Lionel Barber in a statement. “She is admired among peers and colleagues worldwide for her work as a reporter, commentator and team leader, and will be crucial to the development of our award-winning foreign coverage in her new position.”

Khalaf joined the FT in 1995 as North Africa correspondent and before that she was a staff writer for Forbes magazine in New York. Her specialist areas are Iraq, where she has travelled extensively; the Gulf; North Africa and the Palestinian-Israeli conflict.

stacy-marieIshmael

Ishmael joins FT as VP of communities

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The Financial Times has appointed Stacy-Marie Ishmael as its vice president of communities, a newly created role focusing on growing reader engagement and deepening the relationship with its audience across an increasing number of channels.

Ishmael’s appointment comes as the FT’s global social media community has grown to reach more than five million people worldwide and interaction and content sharing between readers is at an all-time high. FT.com now displays the ‘best comments from our readers’ on the homepage, and users can choose to view ‘most commented’ articles.

Reader contributions also feature increasingly in the editorial offering: the FT asked its Facebook fans in Brazil about their views on the protests in the country and featured the comments in an FT.com piece, and voters in Germany’s election were encouraged to share their views in a poll for an FT.com blog post this month.

“The FT’s agenda-setting journalism and commentary has sparked conversation and debate for 125 years,” said Rob Grimshaw, managing director of FT.com, in a statement. “Digital innovation has now enabled us to surface those conversations on a global scale and create richer reader experiences and opportunities for connection. Stacy-Marie brings a wealth of expertise in building and engaging global communities, and her appointment will ensure we continue to develop and expand our offering while making the most of new technologies.’

Stacy-Marie Ishmael said: “This role demonstrates the FT’s commitment to engaging with its audience across platforms and channels, online and offline. I’m honored to use my editorial, social and technical experience to work across the company and develop products and initiatives that will delight FT readers around the world.”

Most recently, Ishmael was the product manager at Percolate Industries Inc., a technology start-up based in New York. She is also a part-time visiting lecturer at Tow-Knight Center for Entrepreneurial Journalism at CUNY Graduate School of Journalism.

She has a history with the FT, first joining in 2006. Ishmael established the New York bureau of FT Alphaville, the award-winning financial blog, and co-founded and served as the editor of FT Tilt. In 2013, she was named in Business Insider’s 30 Most Important Women Under 30 In Tech.

Gina-Chon

Gina Chon joins Financial Times

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Business journalist Gina Chon, who most recently was at Quartz, has joined the Financial Times to cover U.S. regulatory stories.

Chon reports to Richard McGregor, the FT’s Washington bureau chief.

Chon had been at Quartz, the business news site run by The Atlantic, for less than a year. She previously was at The Wall Street Journal, where she resigned in June 2012 after admitting to sharing stories before publication with a government official who later became her husband while in Iraq.

Chon joined the Journal in 2005 in Detroit, followed by an assignment as Iraq correspondent in Baghdad from 2007 to 2009. She also reported for the Journal from Haiti in 2010 in the aftermath of the earthquake and has served as a M&A reporter for Money & Investing in New York since April 2010.

Prior to that, she wrote a book about the Khmer Rouge, trained Iraqi journalists, worked for AsiaWeek and Fortune in Seoul, was an editor at The Cambodia Daily in Phnom Penh, and reported and edited for the Associated Press. Gina speaks Korean, along with some French and Arabic.