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Friends’ business up 33 per cent in 1st half

Friends Provident saw total life and pensions business rise by 33 per cent from 212m to 282m in the first half of this year but says the market is difficult to assess in the run-up to A-Day.

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Newton chief recruited to run JO Hambro UK fund

John Wood has been appoin-ted to launch the J O Hambro Capital Management onshore UK opportunities fund this autumn. Wood has managed the Newton UK opportunities fund since its launch in 2002 helping it generate 48.98 per cent cumulative growth over three years. He joined Newton as an analyst in 1995 after qualifying as a […]

Friends marketing chief takes new role at Zurich

Zurich has recruited Friends Provident head of protection marketing Peter Hamilton with the aim of increasing its IFA market share. Hamilton joins Zurich as protection management director. His role puts him above protection development manager Gerry Warner, who was brought in from Standard Life last year. He is on gardening leave from Friends Provident and […]

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By Douglas Turnbull, Investment Director, Head of Chinese Equities China faces a ‘Rubik’s Cube’ policy trilemma, whereby it needs to sustain a minimum acceptable level of growth, deal with issues such as overcapacity and reform the financial system to make it a far more efficient allocator of capital. Given the contradictory nature of these objectives, […]

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