Mr Diamond and partners have created a new fund to invest in Africa, Atlas Mara. It raised $325 mn from investors and just announced its first deal, to buy Botswana's BancABC, with a third of its business in Zimbabwe.

Today is information overload day for stock watchers because the 13F files of US funds have been filed and collated by the wire services. Many large cap shares were heavily traded in Q3, including many of ours.