DWS Investment Trust Managers is launching a China investment trust in the New Year to be managed by Lillian Peng. The trust, which DWS hopes will raise 50m, will invest in both Hong Kong-listed shares and direct in shares listed on the mainland. Timing of the launch depends on the short-term outlook but the group is convinced the long-term picture is sound. Peng runs a Greater China institutional fund for the group.
Competition is definitely a good thing – and nowhere is this more true than when it comes to mortgages but herein lies the problem – HBOS. Don’t get me wrong, this is not have-a-go-at-HBOS time.
David Severn was head of the policy division at the PIA and has been at the FSA since its inception, occupying the same role although his title has changed during that period. He is currently head of retail investments policyJanuary 2001FSA proposes widening customer product choice. A review of polarisation headed by Severn is launched […]
The only really relevant comment on your Superleague supplement is: “Turnover is vanity – profit is sanity.” How many of these “super” IFAs actually make a profit? For heaven’s sake, one of them listed is even in administration. Even if they manage to show a meagre return, what is this as a percentage of turnover? […]
Zurich Financial Services’ multi-tie distribution business launches next year and will be branded Openwork, with Scottish Equitable as sole pension provider.
Welcome to the latest update for The Brunner Investment Trust PLC from the trust’s portfolio manager Lucy Macdonald. Market Review Global equities ratcheted higher throughout February, buoyed by optimism about global growth and corporate earnings. All regions advanced, although Japan tended to lag many other markets. In sector terms, healthcare, information technology, consumer staples and […]
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Royal Bank of Scotland has joined rivals like HSBC in launching an automated investment advice service for more than five million customers. The bank claims to be the first bank in the UK to launch a “fully regulated” robo-advice service, which will be under its NatWest brand. The service, live from Monday, is targeted at […]
There is nearly £8.5bn in “drifted” legacy UK equity income funds that have underperformed against the sector over the past decade, research has found. As the fund management industry awaits Mifid II next year, Morningstar has analysed the competitive UK Equity Income sector on behalf of Money Marketing and found about 10 per cent of the sector’s […]
Old Mutual Global Investors has appointed Freddie Woolfe head of responsible investment and stewardship, reporting into chief executive Richard Buxton. Woolfe joins from Newton Investment Management, where he was a responsible investment analyst primarily covering the healthcare and technology, media and telecommunications sectors. Previously he held roles at Hermes Equity Ownership Services and HSBC. Woolfe will […]