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Focus Solutions remains confident ahead of results

Software provider Focus Solutions remains confident ahead of its financial results due for publication in June.

In an alert sent out today, Focus Solutions chief executive Richard Stevenson said the board is confident in the group’s strong position “both financially and operationally”, with the group currently ahead of market expectations at £4m.

He said: “We are diversifying our customer base, and have a strong pipeline of contracts and sales opportunities for 2010. Our market is very much driven by the need for regulatory compliance, and the increasingly tight regulation that the FSA is imposing on the sector is underpinning the need for our software, which provides the group significant opportunity.”


Managers of JPMorgan trust up their gearing

The managers of JPMorgan’s £280m European Fledgling investment trust have upped their gearing for the first time in two years. The trust has 108% gearing, enabling its managers, Jim Campbell and Francesco Conte, to buy into more of the stock opportunities they see in the market.In February 2007, they removed all gearing and held cash […]


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