Since when does a feature “investigation” of asset management fees make the Nine O’Clock News? It is enough to make you choke on your evening glass of St Emilion.
Of course, it is probably some ill-informed hack propagating a confused version of our complex industry to a sensation-seeking BBC, which is in any case run by a bunch of under skilled and overpaid banker-bashers....
Simon Gergel, manager of the Merchants investment trust, forecasts a much tighter oil market this year and beyond, with a return to higher prices at some point.
The New Year started, as always, with a flurry of forecasts for the next 12 months. But with equity markets having one of their worst starts, a number of commentators have not had to wait as long as usual for some of their forecasts to look a touch optimistic.
To remain as consultant to firm
Ex-pensions minister sounds stern warning
Combined business will have £11.2bn AUM