Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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Close Bros Grp PLC (CBG)

  Print      Mail a friend       Annual reports

Monday 11 December, 2000

Close Bros Grp PLC

Close Finsbury

Close Brothers Group PLC
11 December 2000

Close Finsbury Asset Management Limited

Close Brothers Group plc ('Close Brothers') today announces that it has
increased its shareholding in AFIM Limited from 50% to 100%.  The shares
acquired had previously been held by Artemis Investment Management Limited
('Artemis') in a joint venture with Close Brothers. As a consequence of this
acquisition the joint venture agreement between Close Brothers Group and
Artemis is terminated.

AFIM Limited will continue to be the investment manager for Finsbury Growth
Trust PLC ('FGT') and Lindsell Train Limited has been appointed as the new
discretionary investment adviser to FGT. Nick Train, a director of Lindsell
Train Limited will take responsibility for the day to day management of the
investment portfolio of FGT with immediate effect. 

AFIM Limited will continue to be the investment manager for Finsbury Smaller
Quoted Companies Trust PLC ('FSQ') and Richard Power, previously manager of
the Duncan Lawrie Smaller Companies Unit Trust is joining Close Brothers on 2
January 2001 to manage the investment portfolio of FSQ.

The Boards of Directors of FGT and FSQ have today made separate announcements
as to these arrangements.

John Dodd and Mark Tyndall, directors of Artemis, will continue to advise
Finsbury Trust PLC and Finsbury Income and Growth Investment Trust PLC


Alastair Smith   Close Finsbury Asset Management Limited         020 7426 6240
Colin Edge       Close Finsbury Asset Management Limited         020 7426 6233
Mark Tyndall     Artemis Investment Management Limited           0131 225 7300
John Dodd        Artemis Investment Management Limited           0131 225 7300
Fiona Harris     Quill Communications                            020 7618 7940
Colin Keogh      Close Brothers Group plc                        020 7426 4115

Notes to Editors

AFIM Limited

Until today's announcement AFIM Limited, which is regulated by IMRO, was a
joint venture company between Close Brothers Group and Artemis Investment
Management Limited. AFIM Limited was set up in 1997 to act as investment
manager to Finsbury Growth Trust PLC, Finsbury Smaller Quoted Companies Trust
PLC and Finsbury Income and Growth Investment Trust PLC and as adviser to
Finsbury Trust PLC.

Close Finsbury Asset Management Limited

Close Finsbury Asset Management Limited is regulated by IMRO. Established in
1985 it is a wholly owned subsidiary of Close Brothers. Close Finsbury and
AFIM together manage in the region of £900 million comprising the investment
portfolios for eight investment trusts and a range of open ended investment

Close Finsbury prides itself on having a flexible business model.  Except in
areas of in-house expertise, the management of funds is out-sourced to
specialist companies that have talented investment teams made up of proven
professionals in their particular fields.

a d v e r t i s e m e n t