View more on these topics

Aberdeen pulls out of F&C sweepstakes

Aberdeen Asset Management has pulled out of the contest to buy rival fund manager Foreign & Colonial, the Financial Times reports.

The decision leaves Legg Mason, the US based fund manager, as the leading contender to buy F&C.

A combination of the two would have created one of the UK&#39s largest independent fund managers, with Aberdeen heavily tilted towards the retail side and F&C the institutional side.


Equitable Life closes to new business

Britain’s oldest mutual life office Equitable Life is now closed for new business after takeover talks with only bidder Prudential collapsed. Policyholders who have taken out policies in the last 14 days will be able to cancel their new policies. The FSA claims Equitable is still a solvent business. Equitable was put up for sale […]

Join the foreign legion

There are a significant number of foreigners resident in the UK, many of them are very affluent and able to take advantage of a favourable tax climate. Although the princ iples are relatively well known among specialist lawyers and accountant, the mechanics are often poorly understood by investment managers and trustees. Those who have a […]

Take an each-way bet

The citizens of Pension City, UK, are big gamblers. Even if they choose the “safest” opt ion – an index-linked annuity – they still lose out heavily if the grim reaper strikes early. However, they can make eff ective use of options that allow them to hedge their bets. The concept of hedging is familiar […]

Winterthur Life launches with profits bond

Winterthur Life has launched a With Profits Bond, that will invest up to 90% of the fund in equities to generate high growth. It offers an annual bonus rate of 6.25 per cent and has a minimum investment of £5,000. External fund managers will manage all equity investments – Newton and Deutsche Asset Management have […]

The Merchants Trust PLC – April 2017

Welcome to the latest update for The Merchants Trust PLC from the Trust’s portfolio manager, Simon Gergel. Portfolio Review The Merchants Trust reported results this month and the directors were pleased to announce a 35th consecutive year of dividend growth (subject to shareholder approval at the AGM). The Company is proud to be highlighted as […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm