Another month of falls for smaller company shares has tempted directors operating in sectors as diverse as property and resources to put their money where their mouth is.
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Tom Howard, a member of the team behind the recently transformed Director Dealings Investment Trust, believes it offers investors a statistically safe bet in volatile markets.
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With gold, oil and other key raw materials firmly out of favour – for the time being – such investor interest as remains is focused on bargain bid candidates.
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Readers of my past updates can hardly say they were not warned about the recent market events. September and October are well known for being rough months in the financial markets so it was hardly unexpected.
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Media company Eros International released five of Bollywood’s top ten releases in 2007, and chief executive Kishore Lulla plans to take Hollywood head on.
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Broker and corporate adviser FinnCap has appointed industry veteran Naiem Hussain as its new director of finance.
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Richard Huntingford, until last year chief executive of media group Chrysalis and until June this year executive chairman of Virgin Radio, has joined Welsh television production company Boomerang Plus.
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Small company financier Tony Drury has joined the board of London Asia Capital, the faltering China investment concern whose shares were suspended on AIM in June.
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Dr Hongwei Zhan may be senior lecturer in control engineering at the University of Sheffield and his home base may be in Hong Kong, but just now most of his attention is focused on the industrial city of Harbin in north eastern China.
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These are challenging times for corporate headhunters. But Mark Weeden, leading light at natural resource-focused executive search specialist Opus Executive Partners, is finding the current environment providing abundant choice for companies needing to strengthen their teams.
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