10th March 2014
2) Many managers say they still see value in Russia despite the crisis, but Mark Mobius, Templeton’s veteran manager says he still sees value in some Ukrainian stocks and now Investment Week says other multi-managers are following suit by increasing allocations.
3) There will be no changes to pensions tax relief in this Budget at least, Treasury chief secretary Danny Alexander tells the National Association of Pension Funds conference – reported in Professional Pensions.
4) Banana firms the ‘Ireland based’ Fyffes and US Chiquita are to merge in a $1bn all shares deal.
5) The UK economy will surpass its 2008 level in the summer says the British Chambers of Commerce.