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Big fall in hedge fund investment

Investment in hedge funds halved last year, according to Credit Suisse’s global hedge fund index. Global investment in hedge funds fell from 69bn in 2004 to 37bn last year.

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Newton income specialist heads UK push for Dalton

Dalton Strategic Partnership has recruited Newton income manager Glen Pratt and First State head of retail sales Richard Jones to spearhead a thrust into the UK retail market. Pratt has been lead mana- ger on Newton’s 1.1bn flagship income fund since October 2003, taking over from John Wood, who subsequently moved to JO Hambro Capital […]

FSA kicks out IFA fraudster

The FSA has expelled IFA Theophilus Folagbade Sonaike, trading as F T Insurance Services, from being authorised to carry out regulated activities. The FSA has taken action after being informed in November 2004 of Sonaike’s convictions for housing benefit fraud. These showed that he was not fit and proper to be authorised to provide financial […]

Trouble ahead - thumbnail

Pensions: trouble ahead?

The pace of change in the pension’s space has been little short of astonishing, and has left thousands of employers struggling to keep their pension policy compliant, and also on the right side of current best practice and governance. Many employers, and indeed many in the pensions industry itself, would like to see a period of no change during the next term of government. This would give all sides a chance to catch up and draw breath. 

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