View more on these topics

Deadline approaches for Jupiter India fund deal

Investors in Jupiter’s India fund have until March 3 to take up the fixed offer price of 50 pence a unit.

The fund aims to achieve capital growth by investing in companies operating or residing in India.

Manager Avinash Vazirani says the recent market turbulence marks a good entry point for long term investors.

He says the recent market turbulence has seen the Indian market drop by 18.72 per cent from its high at the beginning of the year, volatility that has been driven as much by investors as by indicators of an impending slowdown in global growth.

Vazirani says: “While this fall has made some investors a little jumpy, the economy remains in good shape and so the falls have, in fact, created a more attractive entry point for long term investors.

He says the market correction has allowed him to invest in high quality growth companies at lower prices.

He says: “I particularly like the domestic consumption story and will be looking for stocks which should benefit from he country’s growing middle class, expected to explode from around 13.3m households in 2005 to around 138m in 2025.3”


Goldman Sachs pensions buyout subsidiary announces first deal

Goldman Sachs subsidiary Rothesay Life has announced its first buy-out deal with the purchase of the Rank Group Pension Scheme, which has assets of around £700m.It is thought to be the biggest transfer of pension scheme liabilities in the UK to date.Rothesay Life chief executive Addy Loudiaids says: “The Rothesay Life approach is to use […]

Emerging opportunities

Interest in global emerging markets was bolstered in 2007, with the sector producing returns of 32.04 per cent, according to the Investment Management Association.The biggest beneficiaries were India, as the benchmark BSE index rose by 47.15 per cent, and China, with the Shanghai Composite index showing gains of 99.63 per cent. But this year, the […]

Arcturus unveils green strategy

Miton Asset Management’s Arcturus fund believes there is still potential for returns in overseas property funds.Arcturus holds two bricks and mortar funds from Belgravia Financial Services Group – the Belgravia IFN China property fund and Belgravia European property fund.The funds made a positive contribution to Arcturus towards the end of January with returns above 2 […]

Sense of justice

The recent court case involving a firm of advisers and the Financial Ombudsman Service has swivelled the spotlight back to the injustice and fundamental unfairness of the dispute resolution system under which firms labour.


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