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Rebuilding Sri Lanka

Bank of Scotland International’s Una Sheehy headed to Galle in Sri Lanka on July 30 as part of an HBOS initiative to help with the post-tsunami rebuilding programme. Sheehy, part of BoSI’s business development team is part of a 40-strong team of HBOS volunteers who will work alongside local families to build eight houses over two weeks. As well as the actual rebuilding prog-ramme, HBOS and the team hope to raise sufficient funds through sponsorship and corporate donation to build at least 160 new homes or rebuild 800 damaged ones.

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F&C outsources US and Japan portfolios

Foreign & Colonial investment trust has outsourced management of its American and Japanese assets and introduced an overall performance fee. The 450m US large-cap portfolio will be split between four managers while its 120m Japanese portfolio will be run by Goldman Sachs. Management of the US small-cap business will stay with F&C. F&C says it […]

Macpherson in Treasury move

Nicholas Macpherson has been appointed Permanent Secretary to the Treasury, succeeding Sir Gus O’Donnell. Macpherson was previously managing director of the budget and public finance directorate and before that was head of the public services directorate. He has 20 years’ experience in the civil service

Technology set for upturn, say fund managers

Polar Capital director Brian Ashford-Russell says technology is within 18 months of an upturn. New Star select opportunities manager Patrick Ever- shed has increased his fund’s technology weighting to up to 40 per cent. Retail investors lost huge amounts of money when the technology bubble burst in March 2000. Ashford-Russell says he understands investors are […]

Why is simplification so complicated?

I was not surprised to read of Messrs Lawson and Ritchie’s handbags at 50 paces, with the ever conciliatory Iain Naismith as referee.

Directors, limited liability partners and auto-enrolment

By Jim Grant, Senior Product Insight & Technical Support Analyst 6 April 2016 brought in changes to employer duties for directors and partners in limited liability partnerships. Here we explain exactly what’s changed. Before 6 April 2016… Directors of limited liability companies where there were no other directors or employees were exempt from the employer […]

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