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Hitching a lift

Norwich Union head of public relations James Evans got some impromptu and rather unwelcome training in for a marathon he is about to run when checking into the Tower Thistle ahead of last week’s Money Marketing 20th anniversary bash.

An unsympathetic receptionist told Evans that the lift was out of order and his room was on the eighth floor before leaving him to drag his luggage up unaided. Congratulations to Hargreaves Lansdown pension supremo Tom McPhail for his sublime performance on the bucking bronco at the Money Marketing 20th anniversary bash.

Using his long limbs to best effect, McPhail clung on for an admirable 1minute, 42 seconds, comfortably romping in first.

The Diary’s performance was a lamentable affair and cause for some embarrassment but Selestia’s Bill Vasilieff wins the people’s champion award for his perseverance.


Henderson cuts two Euro holdings

Henderson Global Investors’ multi-manager team has sold out of the Schroder European alpha plus fund and reduced its weighting in Gartmore’s European focus fun as part of a review of its Continental holdings.

Investment View: Put America on the map

Last week had a global feel about it so far as I was concerned. Aside from the spectacle of England regaining the Ashes from a cricket-mad nation on the other side of the world, I was privileged to receive presentations on the US and Japan from leading investment houses.

Britannic launches UK boutique

Britannic is launching a UK alpha boutique to be run by David Stevenson and Andrew Kelly of SVM.The boutique is to be run in Edinburgh in the same style as the firm’s London-based European boutique, under Barry Norris and Oliver Russ. It will launch a UK opportunities unit trust and a UK equity long short […]

Flexible reversionary trusts and estate planning

The suitability of different estate planning solutions will depend on the individual’s own circumstances, needs and objectives. When considering the different solutions available there is a trade-off between inheritance tax (IHT) efficiency and access. Overall a flexible reversionary trust provides a greater level of flexibility than a discounted gift trust and can offer individuals a […]


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