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Aberdeen looks at merging funds

Aberdeen is looking to merge its 404.8m managed portfolio with its 128m multi-asset fund and has written to shareholders. The firm is also looking to transfer the 40.7m Aberdeen managed distribution fund it acquired from DWS into its Oeic umbrella.

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Delay in Ombudsmans report branded disturbing

The announcement of a further delay to the Parliamentary Ombudsmans report into the collapse of Equitable Life has been branded disturbing by the group of MEPs involved in a separate inquiry.Parliamentary Ombudsman Ann Abraham has written to MPs saying her report will be delayed until at least May next year, taking the total length of […]

Bill Mott set to retire from Credit Suisse

Industry veteran Bill Mott is set to retire from Credit Suisse at the end of the month.The widely respected Mott used to lead manage the group’s flaghip income fund in the mid 1990s before leaving the group in 1997 only to return to the fund in 2000.He famously sold all the technology stocks in the […]

McHardy quits Widows for IF

Scottish Widows Bank head of product development Murdo McHardy left the company last week to take over as head of mortgages at Intelligent Finance. He starts his new role on October 30.

Bonds going bust? Not so fast….

In recent months bond bears have been reinvigorated, and market commentary suggesting “the end of the bond (bull) market is near” has become commonplace. We think these comments are premature. Explaining the global government bond sell-off October has seen renewed pressure on global government bonds, initially provoked by a Bloomberg article suggesting that the ECB […]

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