Following on from last week’s column, my plans to launch Inertia Asset Management – where our wonderful investors will never sell out of our mediocre fund range, no matter how shoddy our performance – have already been scuppered by my research assistant, the faithful Ms Google, informing me that such a company already exists.
Artemis lived up to its billing as the ‘profit hunter’ this week with the announcement that it is poaching New Star’s UK alpha fund manager Tim Steer.
Governments and central banks around the world are trying to boost demand and minimise the risk of an extended and damaging period of deflation but the first half of this year is clearly proving to be extremely difficult.
Building societies have seen their profits for 2008 slashed due to “disproportionate” FSCS levies for bank failures.
Johnson Fleming employees have raised more than £400 for their chosen charity of the year, CLIC Sargent, with a series of fundraising events.
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