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BAM posts record retail results

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.

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Premier Fund Managers launches Euro Protector Fund

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 urges investors not to neglect their Peps

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 and Unum team up

United Assurance is linking up with Unum to offer its customers individual income protection.The partnership will see United&#39s direct sales force selling Unum&#39s Essential Ability Cover to its clients.Unum will handle the products underwriting, customer service and claims management.Unum managing director Lawrence Churchill says: &#34This product has proved to be a huge success for Unum […]

Reardon moves to Zifa

Pensions guru Tony Reardon is transferring from Allied Dunbar to Zurich IFA, the IFA marketing arm of Zurich Financial Services.Reardon says: &#34My 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.&#34The IFA market is a change of focus. I&#39ve been […]

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