Augustus Asset Managers - March 2007

Tim Haywood is a very happy man. Having completed negotiations for the management earn-out from Julius Baer Investments Limited (JBIL) in January, into the newly established Augustus Asset Managers Limited, of which he is chief executive and chief investment officer, the world is his oyster.

To mix metaphors, to taste this oyster Haywood has trodden a very long path. Rumours have circulated of plans for a buyout for months, if not years, each time Haywood being bound to silence by negotiations a