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Fishy tale

All is not well with IFA Defence Union chief Evan Owen’s fishy double act, Splish and Splash.

The duo (pictured below), rescued a few weeks ago from a school pond, are being terrorised by two new additions to the FSA basher’s fishtank, Fluffy and Fishy.

Although they do not sound very frightening, the ferocity of Fishy’s bullying has caused his more diminutive counterparts to turn white with fear.


Fund manager leaving Templeton

Franklin Templeton growth fund manager Ken Cox is understood to be leaving the firm due to ill health. Cox has run the 144m fund since 2001 and returned 63 per cent in the three years to January 2005.

FundsNetwork widening choice of property funds

FundsNetwork has expanded its range of Isa-eligible property funds following changes in the rules to allow non-Ucits retail schemes to qualify. Investors now have access to the Norwich property, Schroders global property securities, New Star property and Standard Life select property funds. The Aberdeen property share, Fidelity global property, Skandia global property securities and Skandia […]

IMA sets out process principles

The IMA has published six fund processing principles including encouraging electronic messaging for communication between fund managers and client-side financial institutions.

Larger than life

There has been media speculation in the last few days that Prudential and Aviva, Norwich Union’s parent firm, explored a merger back in 2004.


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