View more on these topics

Edinburgh Java Trusts outperforms benchmark

Edinburgh Fund Managers has posted six month results for its Edinburgh Java Investment Trust.

The trust which invests specifically in Indonesia, out performed its benchmark by 4.7 per cent over the six months to June 30.

The share price leapt by 61 per cent to 12.5p from 7.75p per share over the period.

Java&#39s net asset value increased by 107.4 per cent to 15.95p compared to the Jakarta Stock Exchange Composite Index which rose by 102.7 per cent.

The trust&#39s chairman David Woods says: &#34The past six months has seen a dramatic turnaround in Indonesia by any measure. The political and economic backdrops have been transformed.

&#34After 30 years of a Golkar dominated political regime, the country will now be administered by a democratically elected coalition government


Royal & SunAlliance launches 100 per cent flexible mortgage

Royal & SunAlliance Life & pensions has teamed up with the Royal Bank of Scotland to offer a 100 per cent loan to value flexible mortgage.The loan has a standard variable rate of 6.85 per cent and allows borrowers to add legal and survey fees to the loan, subject to a maximum of £1,000.Procuration fees […]

Northern Rock increases interest rate for savers

Northern Rock is increasing the interest rate for new and existing investors in its limited issue savings accounts.The move which will take effect from July 24.The interest rate on its Save Direct Base Rate Tracker, a variable rate account will increase to 5.75 per cent gross for annual interest and to 5.45 per cent gross […]

Axa Sun Life launches simplified with-profits annuity

Axa Sun Life is launching a simplified with-profits annuity with a bias towards equity investment.Retirement specialist The Annuity Bureau has welcomed the launch saying it is likely to prove popular with people willing to take a small amount of risk with their pension fund in the hope of future returns.The bureau&#39s managing director Peter Quinton […]

Pink Home Loans tops £60m mortgage applications in June

Pink Home Loans is celebrating the completion of more than £60m mortgage applications during June.The figure represents the packager&#39s best-ever month and marked a 30 per cent increase on its previous best month.Managing director Peter Presland says: &#34We use the latest technology to ensure mortgage applications are processed as efficiently as possible and to improve […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm