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IMA backs EU on asset management

The IMA is backing the European Commission’s Green Paper on the asset management industry. The IMA says simplifying the notification procedure for funds, enabling fund mergers, fund pooling and providing passports for asset management firms, are now the highest priorities.

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Former AIT directors ordered to compensate investors

The former chairman and chief executive, and former financial director of software firm AIT were ordered to pay compensation to investors at Southwark Crown Court on Friday.Former chairman and CEO Carl Rigby was ordered to pay 208,796 in compensation to investors, 381,273 by way of compensation of assets and 250,000 towards litigation costs incurred by […]

O Canada!

Musing on such matters as the Widow shock, The Diary recalls that it has recently come across photographs of this gorgeous lady pictured here on the right complete with fetching tartan skirt. which appears to be distributed around the bars and phone boxes of London’s Soho, near The Diary’s headquarters. Apart from the coquettish smile […]

SVM global to appoint Senator as chairman

SVM global investment trust has announced it is to appoint Senator Shane Ross to succeed Simon McClean as chairman of the company. Ross, who is currently deputy chairman, is to succeed existing chairman Simon McClean. The trust will hold its annual general meeting on December 13. The trust, which released its results today for the […]

Opportunity knocks

Over the last four years, JO Hambro Capital Management has been building a strong and successful equity arm. The group made its entrance into the retail arena in 2001 with the launch of its UK growth and European funds, run by talented managers. Last year, it launched Japan and UK equity income funds, both also […]

Japan: the Land of the Rising Dividends

By George Boyd-Bowman, Fund Manager at Neptune Many Western investors have long bemoaned the lack of a true dividend culture in Japan, claiming the corporate culture is not tilted in favour of shareholders. Yet today, in the Land of the Rising Sun, we see a fresh impetus to focus on shareholder returns, which is leading […]

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