View more on these topics

Chelsea launches new bond

Chelsea Building Society is to launch the third issue of the Chelsea Guaranteed Bond, its branch based investment account, on December 8.

The product guarantees to offer a rate, which will fall no lower than the Bank of England base rate before July 1, 2003.

Other features of the new product are a current gross AER of 4.25 per cent for investments of £2,500 or above, a monthly income option with rates currently of 4.17 per cent and penalty free withdrawals with 60 days&#39 notice before July 1, 2003.

Recommended

Quester – Quester VCT 5

Tuesday, December 4, 2001.Aim: Growth by investing in unquoted companies.Minimum investment: £3,000.Opening-closing date: December 4, 2001-April 3, 2002 for 2001/2002tax year, May 31, 2002 for 2002/2003 tax year.Charges: Subject to negotiation.Commission: Initial 3 per cent.Tel: 020 7227 3333.

Bundling up

Alliance & Leicester has bundled together a fixed-rate savings account with a range of bonds from Legal & General.Investors in the balanced savings and investment plan must place at least £1,000 in Alliance & Leicester&#39s one-year fixed-rate bond. This is a savings account offering a fixed rate of interest at 6.5 per cent. At least […]

Aberdeen appoints two from Cazenove to head private client office

Aberdeen Asset Management is appointing Simon Akroyd and James Thompson to establish a London private client office.Akroyd and Thompson both join from Cazenove, where Akroyd was head of the private unit trusts and Thompson was head of private client business development.Aberdeen Asset Management director Gary Marshall says: “With £1 billion already under management, Simon and […]

Seed Capital – Oxford Technology 3 VCT

Wednesday, December 5, 2001.Aim: Growth by investing in early stage and start-up technologycompanies within a 60 mile radius of Oxford.Minimum investment: £5,000.Opening-closing date: February 15, 2002-April 30, 2002.Charges: Implicit.Commission: Initial 3 per cent.Tel: 01865 784466.

India: too big to ignore?

By Kunal Desai, head of Indian Equities, Neptune  India is officially the world’s fastest-growing major economy and remains firmly on track to become the third-largest economy by 2030, overtaking Japan and Germany. As an accelerating labour force combines with increasing labour productivity, is India getting too big to ignore? Click here for full article   […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment