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Framlington NetNet fund manager quits

Framlington NetNet fund manager Chris Bell has quit the group to pursue a career in client relations with Tilney Investment Management.

Bell was lead manager of the unit trust until May, since which Nick Evans has headed up the fund.

The news comes as Framlington head of European equities Caspar Rock moves to Antony Milford’s Framlington Health fund team. Rock’s European unit trust will now be managed by Mark Hargraves.


Principality enters fifth element

Principality has introduced a five-year discount mortgage called discount option 5.Borrowers will pay an initial rate of 5.59 per cent, which includes a 0.86 per cent discount, until August 31, 2006.The mortgage is available for loans of up to 95 per cent of valuation and remortgages of up to 90 per cent of valuation. Borrowers […]

Clerical Medical appoints two for product development

Clerical Medical is appointing Mike Stirrup as product development manager and Nick Cooper as manager for individual pensions. Stirrup was formally head of investment development at AXA Sun Life. Cooper was previously at Norwich Union where he was pensions marketing manager.Stirrup will be responsible for developing the market for investment products, while Cooper will focus […]

Scotland funding move set to boost LTC market

The long-term care market in Scotland is set to boom following the Scottish Executive&#39s decision to extend funding to personal as well as nursing care, claim IFAs and LTC providers.They say the announcement in last week&#39s budget to commit£200m in funding over the next two years will make LTC insurance more affordable and more IFAs […]

Standard & Poor&#39s Micropal Top 10s

Lazard European smaller companies is a new entry to the top 10 unit trusts, returning 20.41 per cent over the past year. The fund is head and shoulders above its sector peers over the year, with a return more than 40 per cent greater than the second-placed fund run by Colonial First State Investments. European […]


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