With apologies for some fruity language from Dr Keating, (skip to minute 3 to avoid), here is yesterday’s DB funding code discussion led to Steve Barker of Barker Tatham.

Thanks to the Sleasyjet , I was at 28,000 feet for most of this , but listening to it early this morning, it is worth the listen/watch.

400 pages plus of Regulatory rubric distilled into an hour sounds like a good deal for anyone who wants to understand the investment implications of TPR’s new stance.

Low Dependency investment allocation (LDIA) is an acronym I’ll be using.

Barker