Credit Suisse Asset Management has expanded its fund of funds range with the multi-manager multi asset growth fund.
Woolwich is cutting rates on its most popular lifetime tracker products by up to 30 basis points.
Chancellor Alistair Darling has criticised the over-reliance on credit rating agencies in European Union regulations. Speaking to fellow European finance ministers in Brussels this week, he called for a review of the role played by agencies.
New Star is merging its tri-star unit trust into the cautious portfolio unit trust next month.
From the Technical team at Prudential Let’s face it, many aspects of financial planning involve a lot of technical detail. At our face-to-face events, we’ve had great success bringing these technical topics to life through the use of practical case studies. Meet the family Prudential’s Planning Matters hub brings together a fictional family and explores […]
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]