The good ones have microscopic fees, turnover occasioned only by the replacement of stocks erased in mergers and guaranteed market-matching performance.

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It was a performance that guaranteed that there will be a Premiership team in the Champions League final in Istanbul in May.

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Larger insurers should find it easier to budget for possible losses, just as they have been better able to bear a performance falling short of guaranteed returns.

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Director Mike Leigh will be showing Happy Go Lucky, his first film since Vera Drake, while Tilda Swinton's performance as an alcoholic in Julia is guaranteed to please the critics.

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Happily, after a much improved and determined performance, Paul Collingwood's erratic team are guaranteed a place in the next round and how much better they played - and how much more focused they looked - than the timid, constrained group of players which was humiliated by the Netherlands.

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But judging on their performance against the Springboks, a win is far from guaranteed.

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However, the camera is not guaranteed to withstand all shocks in terms of damage, malfunction and performance.

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Even more ominously, he used his inaugural address to announce that children who graduate in the top 4% of their schools will be guaranteed a place in the University of California, regardless of their absolute performance.

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While planning is based on the past and projected performance of assets, the risk must be considered, except when it comes to assets that produce a guaranteed rate of return or guaranteed interest.

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