Britannia Asset Management has announced record sales of retail funds for the first half of 1999, with IFA sales climbing 89 per cent to £87.6m from £46.3m. New sales of investment funds have increased 66 per cent to £151.8m from £91.8m.
Premier Fund Managers is launching a Euro Protector Fund as a sub-fund of its Dublin based Oeic.The Euro Protector aims to achieve long term capital growth with the re-assurance of a protected downside.The fund like its Oeic sub-fund counterparts, the UK Equity and Global Equity Protector funds offers a quarterly minimum return of 97 per […]
Aberdeen Unit Trusts says the Pep industry with £80bn worth of assets is very much alive and has warned investors not to neglect their investments.Aberdeen wants investors to consider transfers.UK marketing director Richard Wilson says: “Just as investors will manage their Isa portfolio, they must also keep an eye on their Pep portfolios and ensure […]
United Assurance is linking up with Unum to offer its customers individual income protection.The partnership will see United's direct sales force selling Unum's Essential Ability Cover to its clients.Unum will handle the products underwriting, customer service and claims management.Unum managing director Lawrence Churchill says: "This product has proved to be a huge success for Unum […]
Pensions guru Tony Reardon is transferring from Allied Dunbar to Zurich IFA, the IFA marketing arm of Zurich Financial Services.Reardon says: "My new role involves marketing to a wide range of IFAs, from small one-man bands to large employee-benefits consultants, both in the UK and overseas."The IFA market is a change of focus. I've been […]
AlphaSimplex Group believes that the most robust investment products are those that adapt to changing market conditions. Alex Healey, portfolio manager of the ASG Managed Futures Fund, talks about how holding “long” and “short” positions in alternative investments, to match market trends, can create opportunities in both up and down markets.
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When grown-up children fly the nest to stand on their own two feet, their parents can take pride in a job well done. And although the apron strings have been cut the bond remains. It is similar for advice firm Telford Mann and its joint managing director Jon Telford, and the relationship with its former […]
It’s amazing how strongly the subject of commission still inflames adviser passions. The debate is obviously far more nuanced than many give it credit for. Legacy pensions flogged only because of the commission they paid can hardly be put in the same ballpark as vital protection products that simply would not be commercially viable to […]
Eight exchange-traded funds that prioritise environmental and social targets entered the market in May alone, according to the London Stock Exchange, driving record levels of flows into ESG strategies. LSE says 2018 has been a record year for passive funds prioritising socially and sustainable companies. A total of 31 ESG ETFs holding £3.97bn in assets […]