Baring finds the Midas touch
Article Abstract:
The price of old Etonian Julian Baring's unit trust, the Mercury Asset Management Gold and General Fund doubled in 1993. It was the best performing fund of the month in Feb, Mar and Apr 1993. Many investors were put off by the falling dollar price of gold, but it was rising in South Africa due to the poor state of the rand. In rand terms the gold price rose 18%. Baring invested in South African mines, while other gold funds spread their money round the world. Baring, 57, worked for the South African Anglo-American mining group for eight years from 1956.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Financial services make the new at Reuters
Article Abstract:
Reuters, formerly known as an international news agency, has expanded its financial services operations considerably. News services now make up a fraction of its revenue. It lost the subscription of the prestigious 'Daily Telegraph' who decided to opt for a less expensive French news service. Reuters' traditional customers feel it no longer cares about them as do some of its older journalists who have left the company. Reuters defends its policy claiming it needs financial services ventures to make a profit.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Direct-mail supplier has the edge in PC price war
Article Abstract:
Elonex of north-west London, England is the biggest direct-mail supplier of PCs in Britain. Its engineering department is in Santa Clara, California. The PCs are lightweight portable machines with long battery life and interchangeable screens. The recession has caused large corporations to reconsider their needs. Elonex models change frequently; specifications have improved but prices are lower. Overheads are 10% and orders are turned around in five to six working days.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Taking Bull by the horns. Flying by the seat of his pants. High speed on a floating magnet
- Abstracts: Rape victim who came out of the dark. Justice is a ferret down the trousers. A pint with the regulars at the Glass Pig
- Abstracts: Sins of the father - or the press? A touch of ministerial paranoia. The sins of transmission
- Abstracts: Apple's future in the hands of Newton. Deadline trouble? Just stare at this watch ... Japan-bashing reaches first base
- Abstracts: Unfinished business. Low life and high art