Aramid has set up a specialist entertainment hedge fund that will provide short and medium-term loan finance to the film and television industry.
James Salmon reports on how pension review claims which were considered dead and buried are coming out of the woodwork
As the FSA’s review of retail distribution gets under way, advisers might be forgiven a cynical yawn that yet another consultation process has started.
ABI conference told hindsight risk is causing uncertainty and stifling industry innovation
Consumers receive more than double the payout for an endowment claim if they go direct rather than use a claim firm, according to research from the Association of British Insurers.It says policyholders complaining through a claim management company receive an average £1,400 compared with £3,200 when individuals complain themselves.The research shows that 71 per cent […]
Welcome to the latest update for The Brunner Investment Trust PLC from the Trust’s portfolio manager, Lucy Macdonald. Market Review Global equities have rallied over the first quarter of 2017, buoyed by signs of strengthening growth and optimism over company earnings, although this rally has faded towards the quarter end. US equities posted their strongest […]
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Concerns have been raised about the independence of two directors at Neil Woodford’s £855m Patient Capital Trust after a report in The Times reveals they have jobs at companies in which the fund owns a stake. According to The Times, Patient Capital Trust chairwoman Susan Searle is also deputy chairwoman of Mercia Technologies, a quoted […]
Lloyds Banking Group’s pre-tax profits have jumped 23 per cent to hit £1.6bn for the quarter, latest results show. For the three months to the end of March, the bank has reported net income of £4,3bn, up 4 per cent year on year, as Lloyds sounded a bullish note on the prospects for the UK […]
Metro Bank’s chairman Vernon Hill has been re-elected despite opposition from activist shareholders such as Royal London. Hill has received criticism from a number of major shareholders over payments to his wife’s company Interarch totalling £21m since Metro Bank’s inception in 2010. The board at Commerce Bank previously ousted Hill from his former role at […]