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Sedgwick Noble Lowndes name to go in new year

The Sedgwick Noble Lowndes name is set to disappear from January 1 as the firm is merged into William M Mercer. The move follows the takeover of Sedgwick Group by Marsh & McLennan, Mercer&#39s parent company, in August. Mercer&#39s UK chairman and chief executive David Barford will assume responsibility for UK operations. Sedgwick Noble Lowndes UK chairman Robert Walker has been forced into early retirement.

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Paragon profits up 16 per cent

The Paragon Group has announced a 16 per cent pre-tax profit rise in 1998 to £25.1m from £21.6m.Paragon says its total value of loans to customers rose to £1,379m at September 30 1998 from £1,095m at September 30 1997.The total number of accounts under its management increased to 91,000 from 38,000 and total assets under […]

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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