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Deutsche revamps investment trust arm

Deutsche Investment Trust Managers is rebranding to DWS Investment Trust Managers as part of its drive to attract a broader range of investors. Parent group DWS Investments says the move &#45 which heralds a more proactive promotion of its investment trust business – will enable it to integrate its sales and marketing activities “behind a strong customer focus”.

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&#39Government torpedoeing Isa flagship&#39

The Government has turned investors off saving by cutting the Isa allowance and abolishing tax credits on the account dividends, says Isis Asset Management. Its research reveals that 30 per cent of savers now feel less inclined to invest in Isas as a result of the plans to abolish tax credits on dividends and reduce […]

Don&#39t tar us all with same brush

Dear Financial Services Consumer panelConsumer confidence is being eroded on a daily basis by commentators who tar the entire industry with the same brush. The real culprits are Gordon Brown with his tax on pension funds, MPs in the Treasury select committee who are out to make a name for themselves, so-called consumer bodies who […]

Wagstaff steps down as M&G restructures

Phil Wagstaff is stepping down from his role as M&G managing director (UK retail) as part of a wider restructure of the firm&#39s sales and marketing operation. Wagstaff is understood to be taking a break after seven years at M&G and 20 years in the industry. Under the restructure, John Goddard will now head both […]

Sales interviews for stakeholder products will be pre-scripted

Sales inteviews for selling the stakeholder products will be pre-scripted by the firm, and the sales person will have clear limits on the issues the can advise on. Firms will have to be FSA authorised but sales advisers providing basic advice will not be required to have any financial qualifications.

Artemis Global Income: Making sense of global markets

The rally in cyclical ‘value’ stocks paused for breath in February, as investors took a more cautious tone and switched their attention back to defensive areas. In this article, Jacob de Tusch-Lec, manager of the Artemis Global Income Fund, explains how he has positioned the portfolio, given the many economic, geopolitical and policy risks that […]

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