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Campbell to open investment boutique

Former managing director of Jupiter and Artemis Jamie Campbell is set to open a new investment boutique. Campbell will be managing director of Montague Asset Management which is thought to be launching a UK growth fund in the first quarter of 2005. This will be run by former Axa global emerging markets manager Bill Roden. FSA authorisation has yet to be granted for Montague Asset Management.


Missing the points

Adair Turner&#39s report sent politicians from right and left into a panic last week. Bombarded by numbers, the Conser-vative Party found itself at sixes and sevens over pension policy. The Diary hears David Willett&#39s first version of the Conservatives eight-point action plan was in fact a 10-step road to recovery. The Diary wonders what happened […]

Smee calls for a grace period if network fails

Aifa director general Paul Smee is calling on the FSA to allow appointed representative a grace period if their network goes out of business. Smee is concerned that when a network goes into administration its ARs could have a very short period of time to make fundamental decisions about the future of their businesses. Smee […]

Reap protection rewards

In a significant move by the FSA, the final rules governing the sale of protection and general insurance policies extends the remit of the Financial Ombudsman Service to rule on complaints relating to advice on protection plans. This means, for example, that when the FOS considers a complaint about a disputed claim, the advice given […]

CML fears firms trading on after authorisation refusal

The Council of Mortgage Lenders has raised concerns that brokers will be able to continue trading after they have been refused authorisation. The Treasury has revealed that mortgage firms which fail the authorisation checklist will still be allowed to continue dealing with clients until their appeal is complete. Once a firm has been refused authorisation, […]


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