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Treasury ponders 50-year gilt issues

The Treasury is looking at new gilt issues of 40 to 50 years following a consultation involving investors and gilt-edged market makers by the Debt Management Office. Any announcement on the subject will be made in the Budget this spring.

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New Star warning on reviewing portfolios

New Star Asset Management believes that individual inv-estors may be suffering significant losses because they are not regularly reviewing their portfolios. The firm carried out a survey in association with NMG among 617 investors regarding the frequency with which they review their portfolios. It found that 37 per cent of investors never review their investment […]

BBB deputy Main leaves after three months

Berkeley Berry Birch deputy chairman Bill Main is stepping down only three months after being hailed as a “significant appointment” by chairman and chief executive Cliff Lockyer.

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