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Shareholders seek Prestbury EGM

Prestbury’s board has received a request for an extraordinary general meeting. Chief executive Lee Birkett declines to reveal what it will vote on but it is thought some shareholders want network chairman Francis Maude, MP, and non-executive director David Anderson to step down.


Skandia picks 10 for alternatives

Skandia Investment Group has revealed the list of 10 managers for its alternatives multi-manager fund.The fund invests in 10 asset classes ranging from timber to volatility. Funds on the list include BlackRock’s gold and general managed by Graham Birch, who will cover precious metals, and Lehman Brothers Stephane Rougier who will cover commodities through the […]

Pay is the way to halting inflation

PSigma income manager Bill Mott believes UK inflation problems are likely to be temporary if wage rises are kept under control.Mott considers that the majority of domestic inflation concerns are docile, with the problem coming from spiralling oil and food prices.He says inflation is likely to reach its peak in the latter half of this […]

Three catalysts for European equities

By Rob Burnett, Manager of the Neptune European Opportunities Fund In recent weeks, the bear case for European equities has become more pronounced on the back of weaker-than-expected GDP data and deflation concerns. This softening in economic momentum has led some investors to question whether the ECB is behind the curve and indeed whether it […]


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