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Reasons to be cheerful

Although the merger with Isis has seen
several staff leave, there is one F&C emp-loyee who is clearly
delighted with this job.

In a surefire bid at making it into F&C Santa’s good books, head
of European small caps Crispin Longden ends his normal answerphone
message with a jolly little song to the tune of 12 Days Of Christmas.

“On the first day of Christmas my new boss gave to me a part in the
new F&C,” sings Crispin.

It is disappointing that he only makes it to five days but he does at
least explain his reason for the ditty.

“I realised that F&C, as well as standing for Foreign and
Colonial also stands for the first day of Christmas.” Yes, of course it does.


URL never work alone

There are good reasons why online mortgage delivery has failed to take off in the UK.

Commentary: The realities of regulation

Recent estimates by the Building Societies’ Association suggest that the cost of mortgage regulation for lenders may reach 500m. However, little work seems yet to have been done on the similar likely costs for those parts of the industry that will have to comply with Icob from January next year.

LIA’s view

This is the last article I shall write for Money Marketing before the Personal Finance Society comes into being on January 1. It is an interesting time of transition for both the LIA (32 years old) and Sofa (12 years old).

Europe: Volatile share prices create opportunities for long-term investors

Mark Page and Laurent Millet, managers of the Artemis European Opportunities Fund, look at why, how and where fluctuations in European markets can generate opportunities for their fund. When asked what the stock market would do next, John Pierpont Morgan is reported to have replied that “it will fluctuate”. His (apocryphal) answer proved accurate. Over […]


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