Summary
The Sunday Telegraph: Insurer Royal & Sun Alliance chief exec- utive Andy Haste has slimmed down the group to concentrate on three core markets and sold off underperforming businesses. Shares have stayed within a narrow range, but are worth investing in for the long term at 78p.
Financial services group Investec (1596p) is booming and last week announced a 55 per cent rise in annual pre-tax profits. Both the asset management and private-client operations increased operating profits by more than 50 per cent. The shares have had a great run, but are still cheap for a business growing at this pace.See the full content of this document
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Share Tips: Alliance a Worthy Option After Changes
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