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Karma for the chameleon as Myners misses out on Gartmore sale

You wonder whichone's had more reincarnations - Before he became our Minister for Banking Blow-Ups, plain Paul Myners' varied career has included stints as a journo, NM Rothschild portfolio manager and chairman of Marks &...

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Gartmore plans to list up to half its equity

Miles Costello and Francesca Steele Gartmore has fired the starting gun on a mid-December flotation on the London Stock Exchange that is likely to value one of Britain’s best-known fund managers at about £1 billion. Jeff Meyer,...

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Shares not always fair since 2000

The FTSE 100 fell and the banks collapsed. But as Patrick Collinson reports, the only shares that didn't go up in smoke were tobacco companies In a decade dominated by the rise of China, the expansion of the internet and the...

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Why National Grid is worth a plug

Of all the companies whose shares have fared badly in the past couple of years, National Grid is among the most perplexing. It has many of the qualities investors would be expected to cherish in times of trouble. Yet the Grid’s...

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Lessons from the past hint at a happy Christmas for investors

It is said that nobody ever went broke by taking a profit — and, with the stock market up 22 per cent since January, its best year-to-date performance by far this decade, the lure of locking in gains is likely to be the...

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Talk of Mitchells & Butlers pension deficit rising by £375m

Mitchells & Butlers was in focus amid chatter the company has seen a huge increase in its pension deficit. At the company's interim results in May, Mitchells & Butlers (M&B) said the last formal valuation on a trustee basis was...

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Search for income

Funds that aim to generate income through a multi- asset approach are now offering yields of more than 5 per cent. With dividend cuts hitting UK equity income funds, experts say investors need to look outside the domestic stock...

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Investment trust reserves boost income

Investment trusts are proving more resilient than unit trusts in providing a high level of income, and are now attracting more investors who need higher yields. But there are other arguments for buying into income investment...

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New lease of life for London flotations

Miles Costello and David Robertson The appetite for flotations on the London Stock Exchange is ready to spring back to life with a clutch of companies worth a combined $10 billion (£6 billion) planning to list their shares....

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Thomas Cook is hit by fear of fundraising to pay debts

Peter Stiff: Market report Thomas Cook led the FTSE 100 lower yesterday amid fears that the travel group may hold a fundraising. Shares in Thomas Cook fell 9.3p to 209.2p after Morgan Stanley said that it thought there was a...

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