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Three new fund chiefs at Insight

More fund manager moves hit the industry last week, with Deutsche Asset Management and Gartmore both suffering losses as Insight Investment landed three new recruits.

Deutsche UK blue-chip manager Nigel Ridge has left by mutual agreement. He will be replaced by equities manager Michael Crawford.

Elan Pereg, Gartmore&#39s corporate bond, high-yield corporate bond and capital strategy sterling bond funds manager, is returning to Israel after five years at the firm. He will be rep-laced by UK gilt & fixed interest fund manager Paul Grainger.

Among Insight&#39s new acquisitions is Merrill Lynch managing director of fixed income Peter Geikke-Cobb, who will run a retail international bond fund from October.

The others are Royal & Sun Alliance&#39s director for index-linked and short-dated bonds David Hooker, who will be res-ponsible for managing UK institutional funds, and F&C head of investment grade bond investment Chris Hartley, who will co-ordinate Insight&#39s institutional business development.

•Investment, p22


Homeowners Investment Fund Managers – Homeowners Equity Isa

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Correspondent&#39s week

It is my first day back at Mainland PR after two years at Financial Dynamics and six months travelling the world with my now fiancé. She passed the final test and has been rewarded with the obligatory diamond.I have been back in the UK for a little over three weeks. Two of those were spent […]

Medicash – Essential Surgery Plan

Tuesday 13 August, 2002 Type: Healthcare Cash Plan Minimum premium: £8 a month, £96 a year Minimum-maximum ages: 3-65 Maximum benefits: £6,000 Deferred period: Up to age 44 two years, 45-60 three years, 61 and above four years. Applies to pre-existing conditions only Commission: Initial 15%, renewal 5% Tel: 0845 9645252

Picking up the Pickering pieces

No one will be more disappointed with the Pickering review than the Government that commissioned it. Its hope was for a coherent package of reforms for pensions and savings that would address public concerns and offer a genuine simplification of the current system. This has not been delivered.Contrary to early indications, Pickering almost entirely avoided […]

Sub-Saharan Africa Near-Term Outlook

By Paul Caruana-Galizia, Neptune Economist

Sub-Saharan Africa’s economic renaissance continues. After growing at an average rate of five per cent over the past decade, the IMF projects an acceleration to 5.5 per cent growth among Sub-Saharan economies in the next two years, as developed economies emerge from the crisis. We expect this growth to be sustainable for three broad reasons.


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