Britannic Asset Management
UK Property Fund
Type: Authorised property unit trust
Aim: Income and growth by investing directly in UK commercial property
Minimum investment: Lump sum 500, monthly 50
Isa link: No
Pep transfers: No
Investment split: 37.3% retail, 30.6% industrial, 25.3% offices, 6.8% other
Charges: Initial 5.25%, annual 1.5%
Tel: 0845 605044
Sarah Speake has joined Fidelity to head up its intermediary marketing team.
Speake joins from Henderson Global Investors, where she was latterly marketing and product management director, and will report into Fidelity head of UK distribution, Michael Jones.
Speake also previously worked Save and Prosper and GT Management.
Dover Street Capital
Dover Street VCT
Abbey for Intermed-iaries head of pensions and retire-ment Mike Brown says clients going through a divorce will need advice on pension issues in the run-up to A-Day and this is where IFAs should take the chance to link with solicitors.
By John Woolley, director, Technical Connection
In this short video, Richard Marwood, senior UK equities fund manager at Royal London Asset Management, outlines how he seeks to build portfolios that are resilient to short-term volatility. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up and […]
News and expert analysis straight to your inbox
Sign up
Exit fees can mean advisers are hit with high and unpredictable costs, but are they justified? Many advisers have been caught out with the unexpected burdens that come with trying to leave a platform, and an increasing number of them are looking into the potential pitfalls that exiting discretionary fund manager services could bring as […]
Invesco has sealed a deal to acquire OppenheimerFunds as the firrm looks to break into the top 10 global investment managers. The deal will see OppenheimerFunds parent Massachusetts Mutual Life Insurance Company sell the asset manager to Invesco, with MassMutual taking a 15.5 per cent stake in Invesco in return. Invesco will manage $1.2trn (£920bn) […]
Advice firm consolidator Newell Palmer has acquired midlands IFA Sense Wealth Management in a deal adding another £35m to its funds under management. The purchase is the 51st acquisition made by Newell Palmer since it began trading in 1993. The £35m is split between around 100 active clients from Sense, who will all transfer over […]
Comments