l “I’m on tip-top form, albeit recovering from a nasty fall and, no, I wasn’t drunk, I was out walking my dog and didn’t see a hole in the ground.” – Britannia’s Ingerlise Bulloch.l “I specialise in body parts.” – Mike Williams, head of general insurance at Bankhall. l “I think being frightfully posh is a criterion for working at Penrose, I mean, they even have a baroness, don’t they?” – A competing and clearly less affluent PR about her Penrose counterparts. l “That’s the last time I let Stephen Knight order the wine.” – GMAC RFC’s Jeff Knight on receiving a dinner bill. l “Doesn’t that make Stephen the Elton John of the industry?” – Jeff Knight on his boss Stephen Knight winning another award. l “Louise is now post-operative and living as Louis.” – Comedian Jimmy Carr realising he had misread the name of First Active head of national partnerships Louis Kaszczak. l “I forgot to leave early and I am therefore having a quiet day.” – AMI director Chris Cummings on a late night out.Any Out of Contexts or Diary stories? Send them to Diary editor James Phillipps, email: firstname.lastname@example.org or tel: 0207 943 8035Urgent diary, urgent diary stop press. At the last minute Diary has finally received communication from Mr Ghiloni. However it seems his claim is not all the events discussed were actually leaving dos at all. Anyway in his own words: “I have read with interest the diary pieces regarding my departure from Britannic Asset Management and I thought that I should set the record straight. Yes, there have been a number of ‘dos’ so far but these have not been related to the ‘how many leaving nights does one man need…’ theme that you have been running. Rather they have been my acknowledgment of the fact that ‘my audience’ clearly wants me and I do not feel that I can let them down. At this point in time, given that I do not know what the future holds for me, I have not completed all of the venues for my one man show. There may well be more to come – either as a goodbye or as a celebration. However, I am sure you are confident the details will be available to you from the ‘sources close to the sources’ when the time comes. Indeed, a picture may even turn up.” Diary is sure that readers cannot wait to get photographic evidence of your, er, performances. Maybe the Edinburgh Fringe Festival next year. Watch this space readers.
A Tory Government would not lift markets more than Labour despite the party’s allegiance to the investment community, say roadshow panellists. In some general elections, investment professionals have been vocal in their support of the Tories but panellists said investors would not be affected positively or negatively by a change of Government. Invesco Asset Management […]
With the election campaigns well under way and the pros-pect of Labour being returned to power, voters will be dis-appointed to find out that there is nothing in the Labour Party’s manifesto, other than a few platitudes about want- ing a sustainable system, about pensions.
I was very disappointed by the recent article in Money Marketing by Bhupinder Anand, who I know is held in high regard.
Framlington managers are in the early stages of management buyout talks. Former chief executive Peter Chambers started the talks in the autumn but resigned after senior managers at Framlington decided Chambers was not the right person to take the buyout forward. The managers are still planning the buyout but have put plans on hold pending […]
Jelf Employee Benefits has launched Jelf AEase, an enhanced auto-enrolment (AE) service aimed at companies with fewer than 50 employees that are due to stage from August 2015.
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Royal Bank of Scotland has joined rivals like HSBC in launching an automated investment advice service for more than five million customers. The bank claims to be the first bank in the UK to launch a “fully regulated” robo-advice service, which will be under its NatWest brand. The service, live from Monday, is targeted at […]
There is nearly £8.5bn in “drifted” legacy UK equity income funds that have underperformed against the sector over the past decade, research has found. As the fund management industry awaits Mifid II next year, Morningstar has analysed the competitive UK Equity Income sector on behalf of Money Marketing and found about 10 per cent of the sector’s […]
Old Mutual Global Investors has appointed Freddie Woolfe head of responsible investment and stewardship, reporting into chief executive Richard Buxton. Woolfe joins from Newton Investment Management, where he was a responsible investment analyst primarily covering the healthcare and technology, media and telecommunications sectors. Previously he held roles at Hermes Equity Ownership Services and HSBC. Woolfe will […]