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Keen sense of self-preservation

It&#39s not often that MM staff are put into life-threatening scrapes (bar-tab squabbles notwithstanding) so we thought we would share this chilling encounter with you. During a night out at a restaurant with MM, Whitechurch Securities chairman Kean Seager spotted a shifty looking man sporting a particularly attractive swept-back mullet (permed at the back, Argentinian-style) and a bright yellow jacket Don Johnson would have refused to wear on the grounds of bad taste.

What was disturbing was the two enormous minders he had following his every move. MM was idly speculating with Kean on his chosen profession when the Whitechurch head honcho bounded across the room and asked the man if he was a drug dealer. MM just managed to hear the man pretending not to speak English before the lift doors closed.Kean, if you&#39re alive, please get in touch.

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Sarasin – Sarasin CI Income Portfolio

Wednesday, July 24, 2002Type: Unit trustAim: Income by investing in bonds, equities and cashMinimum investment: Lump sum £2,500, monthly £100Place of registration: GuernseyInvestment split: Bonds 70%, equities 20%, cash 10%Yield: 4.5-5%Isa link: NoCharges: Initial 4%, annual 1.25%Commission: Initial 3%, renewal subject to negotiationTel: 020 7246 0430

Birmingham Midshires – Guaranteed Five Year Trigger Account

Tuesday, July 23, 2002Type: Guaranteed equity bondAim: Growth linked to the FTSE 100 indexMinimum-maximum investment: £1,000-£500,000Term: Five yearsGuarantee: Capital returned in full at end of term regardless ofmovement in indexReturn: Up to 42% growthClosing date: September 30, 2002Commission: NoneTel: 01902 302832

Friends purchase of R&SA investment arm cleared by DTI

The Department of Trade and Industry has cleared the takeover of Royal & Sun Alliance&#39s fund management arm by Friends Ivory & Sime.The referral was a routine matter and the decision by the DTI to clear the deal will come as no surprise.

Must try harder

At this time of year, many parents will be anxiously awaiting end-of-term reports for their offspring. Given the time and effort put into rearing the Sandler and Pickering reviews, I can only assume that the Government is similarly nervous.Master Pickering has proved to be a serious underachiever as his work to date has been both […]

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