What with Fidelity having decided to take the machete to its special situations fund, the industry is awash with rumours concerning who will step into Anthony Bolton’s shoes and what new name the portfolio is to be blessed with.The following titles have been suggested to the Diary: Fidelity Situations Vacant Fund, Fidelity Not So Special Sits Fund, Fidelity’s Past Performance may well not be a Guide to Future Returns Special Sits Fund and Fidelity Wherefore Art Thou Anthony Fund. By far the Diary’s favouriteso far – The Fidelity Bolton Wanderer Fund. Any more suggestions welcome.l Readers of the “society” column of a downmarket rival could be forgiven for being a little confused by the piece on attendees at Mainland PR’s summer party. Has Nicola Horlick really returned to SG Asset Management two years after leaving?
If you are seeking justification for the continued buoyant state of the stockmarket, look no further than the rising level of M&A activity. A trawl through last week’s financial pages would have found mentions of a potential bid for Scottish Power from Eon, a further chapter in the saga over Old Mutual’s long mooted acquisition of Skandia, Deutsche Poste casting its eyes over the books of Exel and even a deck-clearing exercise by Euronext as it looks at a possible offer for our own London Stock Exchange.
Gartmore says it is considering flotation but has played down rumours that a move is imminent. Control of the company has moved from the UK to the US over the last year with the removal of UK chief executive Glyn Jones. US insurer Nationwide, which bought Gartmore from NatWest in 2000, is believed to be […]
Clerical Medical retirement planning manager Steve Meredith aims to steer employers and employees in the right direction over the relationship between pension contributions and tax relief after A-Day next year
Ansar Housing is introducing an Islamic house purchase partnership contract. Under the property purchase agreement, which is claimed to be compliant with Sharia law, the company and client jointly purchase the property. Under a separate agreement, the buyer rents the property and, during the tenancy, the client can buy some or all of Ansar’s property […]
International private medical insurance (IPMI) can be a complex business, especially when you need to find cover that complies with all the local legislations and regulations of a chosen country.
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
Sam Seaton talks about how her interest in people affects her approach to technology