The November seminar organised by Asset Management Trust, agent in Ireland for Standard & Poor's DRI / Micropal heard S&P economist, Darren Rawcliffe say that he expects the UK to join EMU on 1 January 2004. His colleague, Andrew Stockman, gave an upbeat assessment of the future prospects for the Irish economy, stating that the focus should shift to maintaining competitiveness. To avoid an inflationary fiscal policy, he recommended looking for 'clever mathematics' to hide part of the treasure chest, suggesting that future tax reform could be announced now, and implemented when the economy cools.
The seminar was organised by Asset Management Trust to mark its appointment as a marketing agent for Standard & Poor's DRI in Ireland. The company's main business for its six year history has been the provision of asset allocation advice to high net worth individuals and institutions. Managing Director, Gerard McCoy said that the risk and economic analysis services of S&P, part of the McGraw Hill group, would be offered to export and foreign investment oriented businesses that require a comprehensive assessment of markets. |
