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FMG Funds – Rising 6 Fund

FMG Funds – Rising 6 Fund

Type: Sicav fund of funds

Aim: Growth by investing in China, India, Russia, Middle East, Africa and Latin America through exchange traded funds, Ucits III funds and managed accounts, with ability to hold other assets

Minimum investment: Lump sum euro 100, £85 or currency equivalent

Investment split: 10-25% in each of the six regions

Place of registration: Luxemburg

Charges: Initial up to 5%, annual 1.75%

Commission: Subject to negotiation



Coventry increases gross lending by 19%

Coventry Building Society advanced £1.9bn to its mortgage customers in the first half of the year, which is a 19 per cent increase on the £1.6bn advanced in the same period last year. The growth in gross mortgage lending means CBS now represents 3 per cent of all mortgage lending and around 19 per cent […]

Industry must learn from mobile technology mistakes

I recently looked at the way in which mobile technology is supplanting the PC in people’s lives. This raises important questions over the future shape of adviser software. Since the dawn of the PC nearly 30 years ago, what used to be called back-office systems, more recently known as client management packages, have dominated the […]

RGA UK managing director quits for MGM Advantage

RGA UK managing director David Gulland is leaving the reinsurer to become chief risk officer at MGM Advantage. Olav Cuiper, currently RGA head of Europe and South Africa, will assume the UK managing director role on an interim basis. The remainder of the UK management team will remain the same. Gulland joined RGA in April […]

Aviva UK profits up 3 per cent

Aviva’s operating profits for the first six months of 2011 rose 3 per cent from £691m in the first half of 2010 to £709m this year as the insurer gears up for automatic enrolment and the RDR. The provider’s interim results show operating profits in the firm’s life and pensions business dropped from £463m last […]


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