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Deadline extended for NU orphan cash

Aviva policyholder advocate Clare Spottiswoode has extended the deadline for completing talks with Norwich Union over reattribution of the inherited estate of two of its with-profits funds from early next year until later in2008.

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Currency specialist joins Investec

Investec Asset Management has appointed Richard Benson of Fisher Francis Trees and Watts as a portfolio manager in its specialist currency team, reporting to head of currency management Thanos Papasavvas.

Infinity mortgages postpones market re-entry

Investec-backed Infinity Mortgages has postponed the launch of its new product range, suspended offer production and announced it is unable to commit to funding applications not offered.The lender has previously told the market it would be launching its new range this week, after withdrawing its sub-prime range on August 17 due to the recent market […]

A meteor over the rainbow

Meteor Asset Management has brought out a guaranteed equity bond linked to a range of asset classes through six stockmarket indices over a term of five years and two weeks.The bond has equal weightings in global equities through the MSCI world index, property through the Epra Nareit index, government bonds through the iBoxx Euro sovereign […]

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