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This is where you can keep up to date with any major developments in Burnbrae. As well as featuring current stories we will shortly provide an archive allowing you to search for news items relating to specific companies in the group.

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'wake up' - by jim mellon & al chalabi

Wake Up is a thought provoking book outlining the history of economic bubbles and predicting radical changes in the global economy. Burnbrae Chairman Jim Mellon wrote the book along with Al Chalabi an Iraqi entrepreneur based in Asia.

They argue that the world economy is flawed and show that the balance of power is shifting and that this, along with the widening gap between rich and poor, global terrorism, the massive expansion of the Chinese economy, spiraling debt and an ageing population is why fundamental change is inevitable. The purpose of Wake Up! is to warn readers of the potential for economic turmoil and to suggest strategies to protect investments and businesses.

Wake Up is published by Capstone Press and is widely available on the internet, or by clicking the Amazon logo below.


Charlemagne Capital’s emerging markets team takes top slot in 2004 performance table

Charlemagne Capital's bottom-up stock picking process proved its worth again in 2004 – the Magna Global Emerging Markets fund was the best funCharlemagne Capital's bottom-up stock picking process proved its worth again in 2004 – the Magna Global Emerging Markets fund was the best fund in its sector in for the year.

The fund, which is €92 million in size, saw its net asset value per share rise 26.91% over the year* in Euro terms. This made it top out of 81 Global Emerging Markets funds over one year and registered for sale in the UK according to Standard & Poor's. The Magna Global Emerging Markets Fund is recognised by the FSA for distribution in the UK.

It outperformed the MSCI Emerging Markets Free Index by 10.5%. The average fund in the sector gained 12.3%.

*Returns are based on a bid to bid, gross income reinvested basis.

Bigsave.com to re-launch in summer 2006

Bisave.com will be re-launched in summer 2006 selling discounted products to the general public and business.
  • With focus being on the name “Bigsave” it will not only offer IT/home AV products but will also offer a range of end of life/over stock items from a number of different sources.
  • The company is currently sourcing suppliers from all sectors of manufacturing and distribution to bring its customers high quality products at low prices.
  • Bigsave has all ready signed up one major IT Distributor to supply their range of products on Bigsave’s site.
  • The primary objective of Bigsave is to be the UK’s number one on-line discount warehouse, offering customers a wide range of products at prices that are usually only seen by the trade.

 

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