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Charcol unchained

Charcol appears to be on the verge of becoming a force separate from Bradford& Bingley once again, with some of the founders reunited with the current team. Money Marketing understands that a deal is now going through its final stages. For consumers and lenders who believe in a strong, efficient mortgage market, this is very good news.

Charcol may be set free from what increasingly has been an unhappy liaison with Bradford & Bingley. Now the broker can hopefully put this period behind it, raise its game and increase the competit-iveness of the sector to the benefit all potential borrowers.

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Baring Asset Management – Baring Directional Fund (Euro)

Baring Asset ManagementBaring Directional Fund (Euro)Type: Unit trustAim: Growth by investing long and short in Government bonds and money market instrumentsMinimum investment: Lump sum euros 3,500Investment split: 100% in bonds and money market instrumentsPlace of registration: DublinCharges: Charges: Initial 5%, annual 1.75%Commission: Initial 3%, renewal subject to negotiation Tel: 020 7214 1900

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