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Edinburgh Fund Managers announces Dunedin results

Edinburgh Fund Managers has announced the preliminary results for the Dunedin Income Growth Investment Trust.

The trust has announced a 3 per cent dividend increase and an increase in net asset value per share of 7.9 per cent.

This compares to the FTSE All Share Index which rose by 6.3 per cent.

The combination of asset performance and dividend produced a net asset value total return of 10.6 per cent for the year.


Zifa launches new Eagle Star pension series

Zurich IFA is launching anew pension range offering high early transfer values in a bid to meet Government stakeholder guidelines.It has launched the Eagle Star Series III range which allow planholders to switch to stakeholder in the future without being disadvantaged.The range includes individual and group personal pensions, free standing additional voluntary contributions, executive pensions […]

Low-cost, high-tech future will &#39cut IFA numbers by 40%

The number of IFAs is set to be slashed by the impact of technology and a surge in low-cost financial products, according to shock new research.Research by “big five” financial consultancy KPMG and standard-setting body Origo reveals there could be 40 per cent fewer IFAs by 2002, with 9,000 advisers leaving the industry.The conclusions are […]

Schroder Venture International Investment Trust announces interim results

Schroder Venture International Investment Trust has announced a 33.8 per cent increase in net asset value in its six months interim results.The trust, which specialises in investments into Continental management buyouts, had a net asset value of 287.7p on 31 December 1998.The trust&#39s principal holding Charles Vogele, a Swiss clothing retailer, increased its valuation to […]

L&G in final push on Tessas

L&G is starting a final push on its Tessa range, highlighting the fact that the accounts can still receive new contributions of up to 2004.But they must be opened by April 5 this year.L&G says that investment in a Tessa can increase the tax free options open to new investors.It says that up to £3,000 […]


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