Focus Solutions has signed a restructured enterprise licence agreement with existing client Openwork.The enterprise licence agreement is for the Openwork Trading Platform and for multiple sales processes covering the Mcob, Icob and Cob business streams.The contract is worth between £650,000 and £900,000 over five years and includes licence, support and maintenance fees for several aspects […]
Insinger de Beaufort says it will maintain the defensive position of its multi-manager income fund despite some of its peers in the Investment Management Association’s cautious managed sector having higher exposure to equities and high-yield bonds.The company says the IMA cautious managed sector is contradictory in some ways as it allows up to 60 per […]
Pension victims who lost their savings when company schemes collapsed won a victory in the House of Lords last week but the amendment may still be defeated in the Commons.The Government was defeated by 55 votes – 181 to 126 – when peers backed proposals for a lifeboat fund to top up compensation awarded to […]
By Rob Burnett, Neptune European Opportunities Fund
In recent months, investors have become more pessimistic about both the European and the US economic outlook and yet stockmarkets have pushed on to new highs. Some would argue that this is a worrying divergence. We would take the opposite view. This appears to be classic bull market behaviour. A wall of worry has been rebuilt, and stockmarket resilience should be taken as a sign of strength. The market is discounting an improving economic outlook ahead, particularly in the south of Europe.
As we hurtle towards the new year, it is worth remembering much of the so-called client-centricity discussed is, in fact, little more than process that will not determine whether you win, lose or draw. Sure, a process needs to be reliable, cost-efficient and to point the right service at the right people. But it is […]
The Association of Member Nominated Trustees and the UK Sustainable Investment Association have urged pension funds to keep an eye on whether their investment consultants’ sustainable investment advice lives up to the minimum service requirements under regulation. The AMNT and UKSIF says consultants should meet minimum requirements as soon as possible so as not to […]