Wednesday, June 30, 2010

Jupiter fund manager not quite seeing the stars

643PM GMT twelve March 2010

We"ll begin at the excitingly patrician Investment Strategy Conference, where Jupiter account physical education instructor John Chatfield was regaling monetary advisors about the coherence of funds, phones and, infrequently enough, his specs.

What point he was perplexing to have I"m not wholly certain but to denote the significance of coherence he took his unbreakable glasses, focussed one arm back, focussed the alternative arm brazen and afterwards focussed them opposite the overpass - at that point they snapped.

Philip Gibbs Im in monetary blue-chip bonds Henderson lands New Star discount Neil Woodford The batch marketplace has bottomed John Duffield to step down from New Star Cautious portfolios compensate dividends

Obviously this was the high point of the presentation, so most so record had to stop for five mins to give people the possibility to clean their eyes and tack up their sides.

Problem is, when the display did restart Chatfield couldn"t see his own PowerPoint presentation.

No eyeglasses you see.

Dixon in the wharf over bureau threat?

To the PLC Awards, the endowment rite where the ties are blacker and the champagne some-more sparkly than any alternative in the City.

I won"t worry to go by who the winners were, certainly that"s for the organisers to publicise.

All I"ll do is point out the participation of Mark Dixon of serviced bureau provider Regus on the shortlist for office worker of the year.

This is the man whose rarely essential association is melancholy to lift the block on a small offices - costing the buildings" landlords a small happening unless they cut the rent.

Fine entrepreneurial work.

Paris-Soir is ooh la la for Russian oligarch

It"s not only London where Russian oligarchs are jacket themselves in newspapers to keep out the mercantile chill, Paris is observant the own conflict of the journal barons.

France-Soir, the once good every day that used to sell up to 2m copies a day in the 70s, has been snapped up by Alexandre Pugachev.

Now down to sales of small some-more than 20,000, the paper has a small approach to got to recapture the former glories. But that"s what the new owners says he plans to do. Media watchers are removing really excited. The initial step on that highway takes place subsequent week with a relaunch.

Meanwhile, behind in London, we still don"t know when Lebedev is eventually going to buy The Independent. I"m going to take a punt and contend it will occur subsequent week. After all that"s what a small penetrate or alternative has been observant on a unchanging basement for the last month.

Sooner or after one of us has to be right.

Surely a name shift for Shore?

A small late, but I note boutique investment bank Shore Capital is upping sticks and looking preserve in the taxation breakwater of Guernsey.

I call up the association to ask the viewable question. "Does this meant you will be becoming different your name to Offshore Capital?"

Stony silence.

Pimilico plumbs abyss for publicity

More on taxation - Charlie Mullins, the loudmouth plumber in assign of Pimlico Plumbers has turn the ultimate office worker to bluster to move abroad over the 50pc taxation rate.

"I am severely deliberation observant goodbye Pimilico Plumbers and hola Puerto Banus Plumbers," he pronounced in a matter yesterday.

"Cheerio afterwards Charlie," this Diary pronounced in response.

jonathan.russell@telegraph.co.uk

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