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Deutsche Asset Management European head sacked following HQ transfer

Deutsche Asset Management European head Paul Manduca has been sacked following the group’s decision to transfer its European HQ from London to Frankfurt. Kevin Parker takes the role of chief executive and a shift in focus from geographical to product lines also results in the axing of head of Asia James Goulding. Manduca had been at Deutsche for two years.

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CML says HIPs need more work before implementation

The Council of Mortgage Lenders says home information packs are nowhere near ready for implementation. The CML is calling on the Government to undertake a realistic assessment of the cost of HIPs and to ensure costs do not rise beyond that. It also wants the Government to approve spending for development work as a matter […]

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The is a dangerous degree of consensus among investment houses over expectations for 2005.

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