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Edinburgh Fund Managers sets up institutional business team

Edinburgh Fund Managers has set up a dedicated UK institutional business team.

Edinburgh Institutional Client Management will be headed by Carole Haddow, previously the group marketing director.

ECIM will be responsible for new and existing institutional business.

The group has also announced its appointment as managers to the £20m Continental European Equity portfolio of the University of Oxford Endowment Fund.


Mercury launches first Isa

Mercury Asset Management has launched its first Isa, the Mercury Unit Trust Isa.To mark the launch, Mercury is offering a 2 per cent discount on its initial charge for all lump sum investments of £1,000 plus.The stocks and shares Isa is only available on a maxi basis. It has an initial investment requirement of £1,000 […]

Unum appoints new chairman

Unum has appointed managing director Lawrence Churchill as chairman and risk management director Susan Ring as a director of its board.Churchill is a previous director of PIA, ABI and Allied Dunbar. He takes over from Tom Brown as chairman of the health insurer.Ring joined in 1995 from PPP where she was head of customer services. […]

Disposable income to hit all time high

Disposable income is set to hit an all time high according to research by mortgage specialist Savills Private Finance.Lower interest rates means mortgage payments have fallen to 16 per cent of the average household&#39s disposable income compared to 45 per cent in 1989. With further rate cuts expected Savills predict this could fall to an […]

Greig Middleton backs league tables

Greig Middleton Financial Services, the fund manager&#39s IFA division, has backed Government plans for pension league tables.It says such tables are a vital component towards providing consumers with value for money.And it suggests effective league tables would put pressure on providers to keep within a maximum 1.3 per cent annual charge.Its findings come following a […]


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