The FTSE 100 made a promising start on Friday with mining and natural resources leading the charge.
At 10.40, the blue-chip index was up by 1.28 per cent to 4443.82.
Lonmin has made the biggest gains having risen by 5.77 per cent, with Serco Group and Xstrata also starting strongly. The biggest faller was Tullow Oil, which has down by 2.26 per cent.
The Tories insist they are not giving up on defined-benefit pension schemes despite the closure of many final-salary schemes.
Last week, I started to look at investments that may represent valid alternatives to investing through pensions for those disenchanted and affected by the removal of higher-rate tax relief on pension contributions.
Aegon has completed its acquisition of a 50 per cent stake in Brazilian life insurer Mongeral S.A. Seguros
e Previdência.
Newton Investment Management is to change the name of its absolute return fund. Absolute Intrepid will become the Real Return fund on June 30. The group says the new name better reflects the funds objective, of achieving real rates of return from predominantly British holdings. The fund is managed by Iain Stewart using Newtons global […]
Royal London Asset Management Bond Fund Managers Paola Binns and Craig Inches look at why short duration could be a key tactic for fixed income investors during 2017. Read the full article here The value of investments and the income from them is not guaranteed and may go down as well as up and investors […]
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Discretionary fund manager Beaufort Investment has promoted internally to fill the position of chief investment officer and has also appointed a new funds research executive. Beaufort Investment is part of the vertically integrated Beaufort Financial group. Head of portfolio construction Shane Balkham has been appointed as CIO and investment analyst Emma Clarke has been named […]
New Leodis Wealth chief executive on supporting clients through the chaos caused by the UK’s exit from the EU The long and tortuous road to Brexit has taken us from a political soap opera to what many regard as a tragedy over the past two-and-a-half years. Whatever drama is yet to unfold, the message that […]
Consulting director at The Lang Cat Steve Nelson talks making sure clients know what they’re buying and the joys of research ahead of his appearance at Money Marketing’s flagship conference. What one word or phrase do you think sums up the state of the financial planning profession today? I’m going to defer to our adviser […]
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