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Strong character

Romer-Lee says: “They need to be strong characters because their clients are at them all the time, their managers are at them all the time, the media is at them all the time. They have to be able to stick up and fight for what they believe. At the height of the TMT bubble, Woodford was being described in the media as a dinosaur who didn’t get the new paradigm. But he said he was buying fantastic companies with strong earnings growth and a good dividend – at a bargain. He was disregarded by everybody … but he didn’t budge. And the rest is history – he was proven right and he made a huge amount of money.”

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Tisa agrees ‘workable’ terms for re-reg on preferential deals

Tisa has agreed a “workable” solution to aid the re-registering off preferential share classes after asset managers refused to compromise on terms. The organisation has been hosting industry talks on how to tackle re-reg when it comes to preferential deals. Its preferred option was for receiving platforms to be able to temporarily hold share classes available […]

Robert Sinclair: Brokers must not get sucked back into old ways

The mortgage market appears to have turned the corner as, it seems, has the UK economy. With gross mortgage lending values having been in the doldrums for the last four years at around the £140bn mark, 2013 has seen a significant increase. Gross lending will exceed £170bn for the year with an outside chance we […]


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