View more on these topics

Forsyth buys in Dubai

Fund research company Forsyth Partners is taking a stake in Dubai-based brokerage Professional Invest-ment Consultants.

Forsyth already manages PIC&#39s broker funds with Scottish Provident International and Royal Skandia as well as handling a number of its direct investments.

Forsyth will act as the investment management arm for PIC.

The alliance is the first step in a long-term plan to outsource the brokerage&#39s investment management. Forsyth says it is consid-ering other possible alliances with organisations in Cyprus, Jersey and the Far East.

Forsyth Partners chief executive Paul Forsyth says: “The concept of working in partnerships with key clients is one that we regard as being critical to our business development.

“This goes from investment management, servicing client research requirements, through to product development, marketing support and systems. A natural extension is to certain businesses where we believe we can add significant value.”


Sarasin&#39s in good health

Sarasin has introduced the Sarasin global health fund, an Oeic that aims to produce capital growth by investing in global healthcare and medical developments.The fund will look at three sectors: pharmaceuticals, biotechnology and medical technology. It will select stocks within these areas according to themes, such as the technological innovation and the prevention and cure […]

NatSavings introduces first equity-linked plan

National Savings and Investments has launched its first equity-linked investment product in the form of a guaranteed equity bond.The move follows the rebranding of National Savings in February. The five-year bond offers the potential for stockmarket growth alongside 100 per cent capital security.The bond is linked to the performance of the FTSE 100 index and […]

Out for the discount

In concluding this series, I will look at the tax position of cashbacks and discounts.A cashback is defined as “an inducement to enter into a transaction for the purchase of goods, investments or services and is received as a direct consequence of having entered into that transaction”. It is usually paid as a lump sum.Let […]

R&SA spends £464m to keep WP fund afloat

Royal & Sun Alliance ploughed a total of £464m into its £10bn Sun Alliance & London closed with-profits fund last year in a bid to keep it solvent.The fund, which has more than £1bn put aside for guaranteed annuity liabilities, was handed £224m in what R&SA describes as a “notional adjustment” of shareholders&#39 funds between […]

The savvy consumer

In last year’s FCA thematic review of the mortgage market, one of the key things highlighted was the “savvy consumer”. That’s the client who comes in the door with a very clear idea of what they need and expect you to get them it. They don’t think they need advice, they have after all consulted […]


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