Deutsche Bank has announced its mortgage lending arm to launch later this year will be called db mortgages (Deutsche are using lower case). It also confirmed the quartet poached from The Mortgage Business, headed by Bill Dudgeon, are now in place. The lender will offer sub prime, buy to let and self certification mortgages.
RLAM has been selected by Skandia Investment Management to manage a segregated actively managed corporate bond portfolio of 145m.The RLAM mandate follows a tendering and selection process and forms part of Skandia IM’s multi-manager range. It will be managed by RLAM head of fixed interest Jonathan Platt.RLAM chief executive Andrew Carter says: “This indicates growing […]
Downing Corporate Finance
Northern Venture Trust C-Share Issue
Oliver Page retires from the FSA as director of major retail groups and financial stability sector leader Oliver Page.Page, who has been with the FSA since its creation in 1998, and previously with the Bank of England, will retire at the end of April 2006. David Strachan, formerly retail firms director, is taking over from […]
Recommending a group Sipp after A-Day will require special considerations
As Europe’s QE goes further than expected, the manager of the Artemis Strategic Bond Fund has upgraded his outlook from “quite” to “very” positive.
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The rise in IHT takings has prompted complaints around the new residence nil rate band’s impact
The Association of Investment Companies will not be hosting the new key information documents on its website saying to do so would be irresponsible. Since 1 January, Priips legislation has meant advisers have to publish a stand-alone, standardised KID to their client including performance scenarios, risks, and the total cost of products. However, trade bodies […]
The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]