Britannic is launching a UK alpha boutique to be run by David Stevenson and Andrew Kelly of SVM.
The boutique is to be run in Edinburgh in the same style as the firm’s London-based European boutique, under Barry Norris and Oliver Russ. It will launch a UK opportunities unit trust and a UK equity long short hedge fund.
Stevenson and Kelly currently manage the SVM UK opportunities fund and the SVM Saltire hedge fund and will move to Britannic after working their notice.
Work and Pensions Secretary David Blunkett says countries around the world face the same challenges on pensions. Blunkett told a Centre for American Progress event in Washington that although countries may have different pension dilemmas they all face the same fundamental challenges. He said across the European Union, the working population is set to fall […]
Standard Life Healthcare has bought the private medical insurance business of First Assist Insurance Services.
Swansea magistrates court was told that Graham Price, 58, of Llansamlet, Swansea, has been charged with 43 separate counts of theft and deception. According to the charge sheet, five of the counts relate to a total of 4.3m allegedly stolen from the Halifax. A further 21 separate theft charges involve close to another 1m. Magistrates […]
Henderson Global Investors’ multi-manager team has sold out of the Schroder European alpha plus fund and reduced its weighting in Gartmore’s European focus fun as part of a review of its Continental holdings.
Certification is highly complex and surrounded by a minefield of information and auto-enrolment jargon, which can make it very difficult to understand. However, for many employers it is a necessary process that must be executed successfully.
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Aegon has teamed up with risk profiling suppliers, Synaptic, Defaqto and FinaMetrica to add additional risk mapping for its Core Portfolio range of funds. The new ratings will complement existing ratings from Distribution Technology and aims to help advisers with assessing their clients’ individual attitude to risk, and match them with the most fitting fund […]
Over 200,000 parents receiving child benefits could be forgoing part of their future state pension HM Revenue and Customs has told the Treasury select committee today. In a letter to the Treasury, HMRC writes that if child benefits are being claimed by the higher earner in a household, the partner earning less could be missing […]
We are about to witness the result of a failure to prepare effectively for the pension freedoms Even though it happened 40 years ago, I remember my first scooter accident like it was yesterday. I had only bought the bike a few hours earlier and we did not have riding lessons back then. I had […]
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