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Edinburgh Dragon Trust down

The net asset value of Edinburgh Dragon Trust fell by 12.9 per cent in the six months to February 28, 2001.

The fall compares to a fall in the MSCI Combined Asia Free ex Japan benchmark index of 15.5 per cent, outperforming it by 2.6 per cent.

Edinburgh Dragon Trust chairman Tony Cassidy says: “Whilst in the short-term the risks are still high, interest rates will continue to be cut, inventories will reduce and we believe growth should recover towards the end of the year.”


Nationwide handed six resolutions by bagger

Nationwide has been handed six new “pro-democracy” resolutions by carpetbagger Tim Tanner in the run-up to the April deadline for member proposals. The resolutions include a request to lower the number of members required to nominate candidates for Nationwide&#39s board and for the building society to explain within a month the reasons behind the rejection […]

iShares – iBloomberg European Pharmaceuticals

Friday, 30th March 2001.Type: Exchange traded fund.Aim: Growth linked to the Bloomberg European investable pharmaceuticals index.Minimum investment: Subject to negotiation with stockbroker.Maximum investment: None.Investment split: 100 per cent linked to the Bloomberg European investable pharmaceuticals index.Place of registration: Ireland.Isa link: Yes.Pep transfers: Yes.Charges: Annual 0.5 per cent.Commission: None.Tel: 0845 3577000. 

Diggle still has an IFA role at the Revenue

Former Treasury head of home financial services Paula Diggle will continue to exert significant influence over IFAs as she begins her new job at the Inland Revenue next week.Diggle was until recently the senior civil servant in charge of the industry at the Treasury and will now be deputy director savings and pension schemes policy […]

The price is right

So, Melanie Johnson believes stakeholder pensions can be bought without advice. Were that the case, then why are all advisers engaged by companies who are members of networks required to read a 27-page document on the subject and, at the behest of the PIA, submit to an examination on its contents? If decision trees are […]


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