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Foot faulted

The Diary was saddened to hear that Henry Digby, director of fund management group iimia, was confined to quarters recently because of an outbreak of foot and mouth. He is not the sufferer, apparently…but what about foot in mouth?

The Diary hadn&#39t the heart to ask.

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AAM private equity team to go it alone

Aberdeen Asset Management&#39s private equity team is poised to leave the group, taking £150-200m of fund contracts with them, according to sources. The team &#45 which joined AAM after it acquired Murray Johnstone &#45 is planning to set up its own business, which is likely to include the management contracts it runs for Murray venture […]

Tenet tells members it is ready for flotation

After two years of preparation, IFA group Tenet is telling its members that the company is in a strong position to go for a market listing. Chief executive Simon Hudson has contacted members of the 2,500-strong IFA group to tell them that the company has met its targets for listing and it expects to report […]

Out of context

•”I come from generations of tax inspectors. This is like a pilgrimage to the holy grail.” – Ian Jefferies, head of investment marketing at Friends Provident, at a drinks reception at Somerset House, the Inland Revenue headquarters. •”It is casual dress tomorrow night so get your thongs on.” – Lanson&#39s PR Georgina Mills inviting an […]

Consumer Credit regulation could be expensive for all

Datamonitor is warning one of the effects of the overhaul of the UK&#39s consumer credit laws could be higher cost of credit and greater difficulty in obtaining credit for those consumers with adverse credit histories. It says a tight implementation schedule, lack of adequate preparation, fears of increased bureaucracy and cost of compliance present a […]

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