Monday, 23rd November 2009

 

Horlick in talks with Aberdeen over potential sale of top contract

Nicola Horlick’s Bramdean Asset Management is said to be in talks with Aberdeen Asset Management about a potential sale of the contract to run Bramdean Alternatives, the quoted investment vehicle that witnessed a shareholder row last year, according to a report in The Times.

Sources said that Horlick would be willing to offload the contract, which has two and a half years to run, at the right price.

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Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

Rich Monitor

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