Instead they try to achieve good absolute performance regardless of what direction the markets are moving in

Instead they try to achieve good absolute performance regardless of what direction the markets are moving in.Last year was a good one for investment managers everywhere, with the exception of Japan. or was it Rio Bravo?' as the woman in the tourist information office put it.The townsfolk may not recall the film, but the great actor's stay in Tombstone has become institutionalised, like everything else remotely famous here, with signs at one hotel offering visitors the opportunity to 'stay where John Wayne stayed'.The slogan of Tombstone, to be found everywhere from local maps to tea-towels, is that it is 'the town too tough to die'. Substitute not used: Bennett (gk).Barnsley (5-3-2): Butler; Eden, Anderson, Fleming, Taggart, Archdeacon; O'Connell, Wilson, Redfearn; Rammell, Payton. In the old days, he might have called it gigging. He has been visiting fund managers and institutional investors who might be interested in buying shares in the regional newspaper group he has managed to turn into an attractive investment.Potential investors, used to the short-haired, clean-shaven faces that are the norm in the City, still see the beard - though the hair is rather tidier now.In 1991, Oakley led a management buyout team to acquire the company from its financially pressed US owner, Ralph Ingersoll. (First Edition) The government is facing renewed embarrassment over its opposition to a ban on tobacco advertising. Ministers had hoped to negotiate a tougher voluntary deal with the tobacco industry in time for the final stages of a backbench Bill next Friday, but Whitehall sources said last night that it was unlikely the talks would meet the deadline.The Bill, introduced by Labour MP Kevin Barron, seeks to impose a statutory ban on advertising.

SUNSHINE, as forecast, warmed the grey granite of Aberdeen's city centre yesterday. 'I wouldn't say that God couldn't have got it out but he'd have had to have thrown it,' Palmer said. Simon Engineering was a casualty of a Smith New Court revision. It worked spectacularly well - I think he has shown a way forward for the American musical which isn't flowery.

He successfully procured the passage of an NHS reform bill, and his hand is to be found, because it derives from his Patients' Charter, in the social ambitions of the present Government.If I had to find one word for Michael McNair-Wilson it would be irrepressible. In between, when the girls were dancing, all spins and high kicks, there emanated from the stands the chant: 'Get your tits out for the boys.' That chant followed them round the country during the season. At the Arsenal game, the Strikers, unwittingly, were wearing white with a touch of blue and yellow - pretty close to the strip of Tottenham Hotspur, Arsenal's arch rivals - and thus there came the volley of abuse usually reserved for Spurs fans: 'Yiddoes, Yiddoes'. Such companies cannot be public limited companies, part of groups or subject to statutes such as the Financial Services Act.He sees it as a significant move, especially since the Inland Revenue has been persuaded to shift from its long-held pro-audit stance. Last week BA announced that passenger kilometre revenues rose over 11 per cent in July compared with July 1992, which was the best year-on-year growth this year.A spokesman for BA said that the airline welcomes the prospect of interest rate cuts in other European countries if it helps to ease economies out of recession. Unknown gunmen yesterday opened fire on a gathering of people in the grounds of a factory, killing 12 - nine of them women - and wounding 20. The manner of the killing was all too familiar, as were the conditions Chief Buthelezi imposed for his return to the multi-party talks debating a political settlement.

Ministers and MPs on the left believe the Government should show more concern for the needs of ordinary people, notably on the question of unemployment. 'Twenty cases is a very low percentage statistically speaking,' a spokesman said So that's all right then.. The groundsman is sought for his opinion, the weather forecast checked. Just 100ft.'The force of the impact scattered debris of fuselage, luggage and charred corpses over a half-mile radius.