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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CYBG has completed its takeover of Virgin Money bank in a deal worth £1.7bn today. The parent company of Yorkshire Bank and Clydesdale Bank says the deal will lead to the UK’s “first true national banking competitor to the status quo.” The combined company has over six million customers with around £70bn of customer loans, […]
Protection Review chief executive Kevin Carr looks at recent market events Moving forward on mental health Some say perception is reality and, in a world driven by social media and sensitivity, the way people see things is their truth, regardless of whether their conclusions are accurate or feasible. This is not a bad way to […]
The FCA is proposing new measures to force financial services firms to disclosure how they disclose climate change risk as it zones on in the investments pension funds make. The regulator has released a discussion paper today looking atthe effects that climate change and switching to a low carbon economy will have on the UK’s […]
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