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Collins Stewart team resigns

The eight-strong investment team at Collins Stewart Tullett resigned last week and are rumoured to be starting their own investment trust business. The team did well for Collins Stewart between 1998 and 2000 but were hit by the firm’s involvement in the split capital crisis.


BTL landlords grow portfolios

The average size of buy-to-let portfolios rose from 4.9 to 5.7 properties in the second quarter of 2005, says the Association of Residential Letting Agents. Its quarterly survey, based on responses from 489 regulated agents and 322 investment landlords, finds that average annual rates of return have risen by 0.1 per cent to 11.28 per […]

Guarantee from Sco Wids

The Scottish Widows guaranteed investment bond is a FTSE 100-linked guaranteed equity bond with a term of five years and six months.

Jupiter loses European special sits star to Schroders

Jupiter European special situations manager Leon Howard-Spink has left the company to join Schroders. He will take over Schroders’ European alpha plus fund in November and replaces Adrian de Mol van Otterloo who is leaving to start his own business. Schroders’ former Japanese manager Denis Clough is to return from sabbatical to run the European […]

McKenna in A-Day alert to providers with closed books

Pension providers with closed books are being warned that they must improve their electronic communication with advisers or risk falling foul of the FSA’s treating customers fairly regime. Financial Technology Research Centre director Ian McKenna says he is not currently aware of any providers with closed books that have put in place electronic solutions for […]


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