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Annuities to fall if base rate is reduced

Consumers should buy annuities now, according to Defaqto. It says if there are reductions in bank base rate as predicted, then annuity rates are likely to come down.

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Hudson-Lund in for Eppinger at IFDS

Simon Hudson-Lund is succeeding Charlie Eppinger as chief executive at International Financial Data Services. Currently chief operating officer, Hudson-Lund joined IFDS in 2003 as managing director.

Big rise in Liontrust profits

Liontrust Asset Management has seen its funds under management fall from £5.5bn to £4.49bn. Overall profits leapt to £6.1m from £1.3m.

US investment firm Brown Advisory opens London office

US-based investment firm Brown Advisory is opening a London office with a view to focusing more on the European market. Brown Advisory, focusing on US equities and based in Baltimore will focus on building its client base in the UK and Europe. Director and investment professional Logie Fitzwilliams will head up the office.In 2006, Brown […]

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