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Tories would axe Treasury powers

Tory Shadow Chancellor George Osborne says a Conservative Government would scale down the power of the Treasury removing spending responsibilities and its role in administering in-work and universal child benefits.

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Confusion surrounds the future of Sesame’s parent firm Misys as three former directors try to take control and break up its three divisions. Ross Graham, John Sussens and Mike O’Leary, who between them have a 4.5m stake in the firm, are worried Misys could be sold too cheaply and want to maintain its listing and […]

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At Pictet Asset Management we believe active management of asset allocation is the most important generator of returns. What is not to be in our portfolio is just as important as what is to be because good performance is determined as much by the assets you avoid as by those you hold. The FP Pictet Multi Asset Portfolio managers are not wedded to any particular […]

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