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Fidelity plans distress debt fund

Fidelity has confirmed its intention to launch a new global credit vehicle believed to be called the distressed global debt fund.

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Bush and Brown to set up regulatory working group

Gordon Brown and George Bush are to set up a UK-US working group which will develop proposals to monitor and regulate banks with cross-border interests according to the Financial Times.The move comes after Chancellor Alistair Darling and his US equivalent Hank Paulson agreed plans to form a body of senior Treasury and regulatory figures from […]

Paper tiger

The FSA’s failures over Northern Rock are a body blow to the regulator. The one silver lining is that its internal audit committee did not shirk responsibility and produced a hard-hitting report.

Fidelity International picks Di Bon as head of global equities

Fidelity International has appointed of Ilario Di Bon as head of global equities.Di Bon will head the global equities investment team, which covers sector, US and global emerging markets desks. He will also have responsibility for broadening the firm’s institutional global equity product range.Di Bon joins from UBS Asset Management where he was lead portfolio […]

Cutting ties to CII/PFS is a matter of principle

Open letter to CII/PFS With the advent of the FSA’s RDR and in light of the responses from different sectors of the industry, I have come to the conclusion that while I agree with areas of what you say, I am diametrically opposed to some of the PFS and CII policies and consultation responses, in […]

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(Another) downhill stroll — retirement planning

A report published this morning by the CIPD (CIPD Employee Outlook March 2015) provides yet more interesting data to the changing landscape of retirement planning. It should be remembered that we are in a period of genuine flux here given that the default retirement age was scrapped three years ago, and new pension freedoms come online in April. Both of these alterations will have a huge impact on how employees plan for their retirement.

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