View more on these topics

Cazenove aims at European smaller companies

Cazenove Fund Management has introduced the European Smaller Companies Fund, a Dublin-based sub fund of the Cazenove international fund.

Aimed at experienced investors who are looking to get exposure to Europe, the fund is an open-ended investment company (Oeic) that will invest in small European companies that have the potential to grow rapidly. It will aim to outperform the HSBC Europe ex UK smaller companies index with the object of long-term capital growth.

The Oeic will aim to be overweight in technology, media and service companies and underweight in old economy companies, such as industrial and financial companies.

Despite the Euro having hit a new low against the US dollar on September 6, 2000, over the medium to long term Europe has a great deal of potential for growth, especially in the technology sector, which is less developed than in the US. Although the European smaller companies fund will have a medium to high risk level, it should provide good returns.

According to Standard & Poor&#39s the Cazenove European fund is ranked 3 out of 91 funds, based on £1,000 invested on a bid-to-bid basis with net income reinvested over three years to September 4, 2000.


Concern at admin chaos over flood of transfers

The ABI is negotiating with the Inland Revenue to halt the predicted flood of transfers to stakehol-der from pension top-up plans after the Government&#39s acceptance of par-tial concurrency.The ABI is worried this scenario will create an admin nightmare for life offices.It fears the tax-free cash benefit available from a stakeholder held concurrently with an occupational […]

Bristol & West and Barclays sweeten Tessa terms

Bristol & West and Barclays have agreed to make their Tessa terms more attractive, becoming the latest in a growing list of high street banks to do so. B&W says it will raise its rates in line with its cash Isa, an increase of 4 per cent. Both products now offer a 6.4 per cent […]

Britannia using animal instincts in loans push

Britannia Building Society is starting an ad camp-aign to push its mortgage products.It is based around the slogan: What do a spider&#39s web, bird nest and tortoise&#39s shell have in common with Britannia?”The answer is a home for life, which is what the society says it aims to provide for new and existing members.The TV […]

Eagle Star won&#39t reveal growth rate

Eagle Star is refusing to tell IFAs the original growth rates used to calculate their clients&#39 endowment policies.IFAs claim Eagle Star has responded to them in writing, saying: “We do not hold the original growth rates on file. The original seller of each policy should be able to obtain this information.”IFAs believe the rates were […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm