View more on these topics

Euro bonds give balance

Royal & Sun Alliance European Life & Investments, the holding company for the life office&#39s offshore companies, is offering a European balanced yield bond fund aimed at investors wary of equity investments.

The fund aims to take advantage of the growing number of bonds issued in the UK and Europe. It will invest equally in investment-grade bonds and high-yield bonds to offer stability and growth. The company claims the combination produces a less volatile portfolio and says corporate bonds have a better return per unit of risk than any other asset class.

The fund will form part of the mirror range of Isle of Man-based R&SA International Financial Services and R&SA Eurolife, based in Dublin. The funds mirror the R&SA Investment Management Luxemburg fund, which had a gross yield of 8.5 per cent as at December 2001.

R&SA European Life & Investments managing director Ian Shirley says: “The R&SAIM European balanced yield bond fund&#39s combination of return, stability and diversification will make it a valuable member of both mirror fund ranges.”

Recommended

Value Judgements

In the past few weeks, I have been considering the income tax and National Insurance implications when a company effects a life insurance policy on the life of an employee or director and later decides to assign that policy to the employee or director.We had occasion recently to seek the guidance of the Inland Revenue […]

FSA is accused of U-turn on single-pricing

The Investment Management Association has accused the FSA of a U-turn on its single-pricing policy and claims its latest plan will confuse investors.The IMA claims the FSA has been committed to a man-datory single-pricing structure since 1995 when it indicated it would extend the pricing regime for Oeics, Catmarked funds and stakeholder to unit trusts.The […]

UCB retains network&#39s award for best service

UCB Home Loans won the award for best lender service at mortgage network The Mortgage Power&#39s fifth annual awards at Northolt, Middlesex last week.It is the third year running that UCB Home Loans has won the award, presented at a ceremony attended by Mayor of Ealing Ranjit Dheere and Mayor of Hounslow Mohinder Gill.Ocaso received […]

&#39Stakeholder will not pay out much more than Mig&#39

Stakeholder is unlikely to reward its target audience with much more than the minimum income guarantee in retirement, according to figures from the ABI.Its latest figures reveal that the average monthly payments into a stakeholder is just £81, giving a 35-year-old man a projected £134 a week at the age of 65 compared with the […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com