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GAM hard-closes four Green funds

GAM is hard-closing all four of its investment funds run by Andrew Green because of concerns that continued growth will be detrimental to his deep-value contrarian investment approach. The four include the 668m UK diversified and 724m global diversified funds, although the St James’ Place recovery and SJP Gam managed funds stay open.


Pots of Gold

What is the best way for a high-net-worth client to release a tax-free cash following if the A-day changes if they have a number of different sources of pension income?

Sub-prime probe exposes 200

The FSA has ordered more than 200 sub-prime mortgage brokers to withdraw or amend misleading ads and some of these firms have been referred to the enforcement division for further investigation as many customers were found to have been given a sub-prime deal where there was no evidence of impaired credit.

Big five brokers form £10bn mortgage alliance

Five of the UK’s mortgage broking giants have joined forces to form a consortium to give them the clout to negotiate cheaper deals with lenders and increased proc fees.Alexander Hall, Chase De Vere Mortgage Management, Cobalt Capital, Hamptons International Mortgages and Savills Private Finance write £10bn worth of business a year between them and hope […]


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