Opinion

That the IMA was surprised by the furore over its classifications of the Managed sectors speaks volumes for the mess in which the trade body finds itself mired.

Maybe RDR does not really matter at all. Perhaps everyone in the financial services sector and the accompanying industry of media commentators has got completely the wrong end of the stick.

STOCKHOLM SYNDROME

Mark Gordon-James, senior investment manager at Aberdeen, reveals his top five stockpicks in the EM smaller companies sector.

IMA PLANS FAIL INVESTORS

EASY AS ABC?

In its renaming of the Managed sectors, the IMA said it talked to all the interested parties. The trouble is, it missed out the most important - investors.

The UK economy faces a choppy ride for the rest of 2011 and may be in for a tough few years, though without falling back into recession.

CQS was the most recent asset manager to give its London client conference the theme of ‘uncertainty' - around the global economy and asset classes - but it will not be the last.

One of the neglected figures from the UK government's last Budget book is the figure for total borrowing between 2010 and 2015.