Allianz Global Investors is planning to launch a UK version of its German emerging markets Bric fund. The German version invests in Brazil, Russia, India and China and has raised 57m since launch this year.
Section 32 Plan
Coventry Building Society
Buy To Let 4.99% Flexx Fixed Rate Mortgage
Whitechurch is introducing a declaration of trust to all contracts to protect members against commission losses if the network ever goes bust. It stresses the clause has been introduced in response to IFA concerns over the networks which went into liquidation last year owing members commission and not because it is any danger of going […]
PI broker Fabien Risk Serv- ices has gone into liquidation and is under investigation by the FSA. The firm, whose client list included IFAs and an as yet unnamed adviser network, collapsed earlier this month with debts of over 700,000. Begbies Traynor has been appointed as liquidator fol-lowing a meeting between creditors and shareholders on […]
Do macro headlines create white noise which impacts market prices? Portfolio Manager at Harris Associates, David Herro, discusses how market volatility can create opportunities to buy good business at a discount.
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
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 […]