View more on these topics

Baillie extends fund range

Baillie Gifford is extending its range of retail funds to include the European smaller companies fund and the developed Asia Pacific fund.

Both funds were previously only open to institutional investors. The European fund invests in continental Europe and Ireland and is managed by David Walton. It has a AAA rating from Standard & Poor&#39s and has £67.54m under management.

The Asia Pacific fund invests in economic sectors of any markets included in the FTSE All World Developed index and was launched last June. It is managed by Gerald Smith and has £40.75m under management.

Both funds offer 3 per cent initial commission and 0.5 per cent renewal.

Sales and marketing director Ken Edwards says: “We have added these funds to our retail range to provide intermediaries with a wider choice of investment for their clients. Both have been used extensively on behalf of our institutional clients to gain exposure to specialised markets.”

Recommended

Self-builders on the increase

More people than ever are considering building the home of their dreams, according to the latest research by the Norwich & Peterborough Building Society.A survey by the self-build mortgage specialist reveals 85 per cent of people would consider having a home built to their own specifications.N&P says this is up from a figure of 70 […]

NI increase may reduce employers&#39 pension contributions

Norwich Union and Scottish Mutual are warning the Chancellor&#39s decision to increase National Insurance contributions will turn employers away from pension provision.The NAPF has also attacked the Government for failing to do anything in its Budget to encourage companies to continue with final salary schemes.The Chancellor announced that as of next year, NI contributions will […]

Govt again fails to halt annuity reform bill

The Government was unable to defeat Conservative backbencher David Curry&#39s annuity reform bill last week for the third time, ensuring the proposed reforms have at least one more hearing before being quashed by the Government.Curry&#39s Pensions Annuities Amendment Bill got crossparty support in the House of Commons to defeat the Government twice on amendments it […]

Nationwide bond goes globe trotting

Nationwide has unleashed another issue of its guaranteed equity bond, which is linked to four stockmarkets over a six-year term.The bond returns the original capital to investors whatever happens to the FTSE 100, Nikkei 225, Eurostoxx 50 and S&P 500 indices. The original capital is exposed equally to the indices, which were chosen to provide […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com