By Ian Fraser Sunday Herald December 26th, 2004 DEAL OF THE YEAR SIR Angus Grossart was on the Iraq-Syrian border “looking at Crusader castles” when he put together the deal of the year in Scotland. Grossart, whose investment bank Noble Grossart coordinated the bid on behalf of the three other Scottish entrepreneurs, saw off a [...]
By Ian Fraser Sunday Herald December 19th, 2004 INDEPENDENT fund management groups are concerned that the rampant growth of hedge funds could threaten their businesses. While their core stamping ground of “long-only” investing is heavily regulated by the FSA and by Brussels, hedge funds exist in a virtually regulation-free zone, enjoying much greater freedom to [...]
By Ian Fraser Financial Editor Sunday Herald December 19th, 2004 Academic issues grim warning to MSPs WIDESPREAD use of the private finance initiative (PFI) to fund public sector projects is eroding government accountability and means the UK will lose its status as a mature economy, according to a leading academic. Allyson Pollock, professor of public [...]
By Ian Fraser Published: Sunday Herald Date: December 12th, 2004 THE humble sausage came in for a drubbing this year when Richard Hammond fronted a BBC1 programme called Should I Worry About Sausages? The programme found evidence to suggest that you should, especially if you have a taste for street catering or economy bangers. Among [...]
By Ian Fraser Sunday Herald December 5th, 2004 SCOTTISH-based fund managers are optimistic about the state of the UK equity market and are particularly enthusiastic about the opportunities in China, Japan and southeast Asia. But a Sunday Herald round-table event found that they are more concerned about US equities and corporate bonds, fearing that they [...]
By Ian Fraser Sunday Herald December 5th, 2004 Leading fund managers say the governments investment overhaul may damage Scotland’s financial services sector. Ian Fraser reports THE government’s long-awaited shake-up of the way investment products are sold will handicap financial services businesses in Scotland, according to a group of Scotland’s leading independent asset management companies. By [...]