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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Despite being around since the 1970s, index tracker funds did not have much love from investors until a decade ago, when Lehman Brothers crashed along with many people’s faith in financiers. The popularity of passive funds grew steadily and they went from a negligible market share at the beginning of the millennium to making up […]
IFAs want more clarity on environmental, social and governance investment products to be able to better communicate them to clients. A HSBC Global Asset Management survey of over 200 UK IFAs found that 57 per cent would like more ratings for ESG products. Concerns over diversity, human rights, consumer protection, and animal welfare are the […]
St James’s Place has hired Claire Blackwell as director of marketing from Newton Investment Management. Blackwell says: “We have a responsibility to continue to develop ourselves and our proposition in the interests of better financial outcomes for clients.” SJP shuns new CII exam in favour of in-house programmes She has held a variety of positions across the […]
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