My concern is that he has only looked after much smaller pockets of money before this. People will want to see how he proves himself before committing money.

An index tracker is a simple and cheap way in for people who want to buy equities and not monitor their investments too closely.

The concern is that there will be less money available to stocks in emerging markets.

We rate all Japanese funds as a nine or 10 out of 10 on the risk scale, but for those investors looking for a less volatile option than the Legg Mason fund, JP Morgan is our fund manager of choice.

I would argue...that if you use a discount broker you could do as well as a fund of funds.

I think people understand the difference between capital improvements and operating money. It's a concern that people might not vote for something because they just passed something else. I don't think it's a significant number of people that would not vote for the levy for that reason.