View more on these topics

Bank of England keeps interest rates on hold

The Bank of England&#39s monetary policy committee has decided to leave interest rates at 4.75 per cent.

There have been five quarter point rises in interest rates since November 2003. Last month there was also no change in the rate.


Fears over voting and qualifications

Money Marketing has given IFAs the opportunity to put their questions to Sofa and the LIA about the proposed merger bet-ween the two bodies. Recurring questions centre around the loss of the “dip” from LIA members&#39 qualifications and the possibility of a transitional period to enable advisers to acquire additional AFPC passes to avoid relegation. […]

Framlington puts VCT in spotlight

Framlington intends to raise up to £30m for a venture capital trust which invests in the alternative investment market. The Framlington Aim VCT will aim for growth by investing in Aim companies that qualify for inclusion in a VCT. The manager can also invest in companies traded on Ofex and unquoted companies, but at the […]

Day Dawns for Quantum leap into commodities

Structured product provider Dawnay Day Quantum has created a capital-protected bond linked to a basket of eight industrial metals and energy-related commodities for a four-year term. Few people have direct exposure to commodities and are more likely to gain exposure through shares. However, Dawnay Day Quantum believes investors holding stocks such as BP and Shell […]

Portman may link payment to product type

Portman Building Society is reassessing the way it pays procuration fees by looking at paying in relation to the type of product the intermediary has sold. Group development dir-ector Matthew Wyles says there is a “bizarre illogicality”, with lenders paying a fixed procuration fee irrespective of the margin and duration of the product. The society […]

The future of active management is now

Fees under pressure. Regulatory moves against closet indexers. Rapid advances in financial technology. Shifting sentiment among investors. Such mounting challenges have led to widespread speculation about active management’s shrinking future. But a closer look inside intelligent portfolio construction today tells a story of expanding roles, added value, and innovative risk-adjusted, lower-cost solutions. Four investment experts […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment