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Deng heads Baring HK China fund

Agnes Deng is to take over as lead manager on the Baring Hong Kong China fund. She joins from Standard Life Investments. Adrian Au is also joining the team as co-manager on Barings’ China absolute return fund.

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Barclays changes terms following FSA investigation

Barclays has changed Woolwich terms and conditions which the FSA has deemed unfair under the Unfair Terms in Consumer Contract Regulations 1999.As part of these regulations, the regulator has notified the Office of Fair Trading which has a duty to publish the details of these undertakings. Barclays has deleted the following term from its new […]

Employers concerned at effects of age legislation

Half of employers believe that anti-age discrimination legislation makes employee benefits such as life cover, income protection and private medical insurance less sustainable in the future.Consultancy Watson Wyatt recently surveyed 130 UK companies and found that 50 per cent believe the Employment Equality (Age) Regulations Act 2006 is threatening the future of protection insurance in […]

More players on the field

There is no denying the success of fund of fund and manager of manager structures, from groups with long-standing offerings such as Jupiter, New Star, Cazenove, Fidelity and Credit Suisse, to relative newcomers such as North, Resolution and Thames River. Some groups have chosen to try a single fund formation using the same approach, such […]

The Darling of our office party

When consulting some former Money Marketing stalwarts, the Diary was pleased to be told that the newish Chancellor Alistair Darling is the only person to have held such high office to have also attended the Money Marketing Christmas party, at the time held on the Hispaniola on the Thames.Whatever his merits or demerits, it means […]

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