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Gartmore and Schroder put Fots on Funds Network

Four multi-manager funds from Gartmore and two from Schroder have been put on FundsNetwork.

The Gartmore funds, managed by Bambos Hambi, are the active, cautious, global high alpha and UK high alpha funds, all launched last month. The Gartmore portfolio balanced strategy was already available on the platform.

Schroder&#39s funds, managed by Andrew Yeadon, are the S&P high alpha portfolio and strategic balanced portfolio.

FundsNetwork was launched in June 2000 and last week bought fund supermarket Egg Invest. It offers 900 funds from 56 fund management companies and recently passed £3bn in sales.

FundsNetwork head James de Salis says: “We are delighted to have these new funds on board. They are a welcome addition to FundsNetwork&#39s expanding multi-manager offering. These types of funds are fast becoming a mainstream product recommendation by IFAs and we strive to offer the greatest choice and selection.”


Downing Corporate Finance – Electra Kingsway VCT 2

Type: Venture capital trust Aim: Growth by investing initially in Electra Investment Trust, Electra Active Management, fixed interest and cash then in Aim-listed and unquoted UK companies Minimum investment: Lump sum £5,000 Closing date: April 5, 2005 for 2004/2005 tax year, April 29, 2005 for 2005/2006 tax year Charges: Initial 5.5%, annual 1.5% in year […]

Fund firms urged to adopt active lifestyle

Fund managers need to offer investors better lifestyle products that reduce risk over time, says Bates Investment Services. Research from the IFA company shows that passive lifestyle products can lead to investors losing out since the investment can move out of equities without regard to what the wider economy has done. The analysis from Bates […]

Premier Mortgage Services md says be positive on regulation

Premier Mortgage Solutions md John Malone says the industry should take the positive view on regulation. He says anything that promotes such a big change is bound to create some problems – especially with the new technology systems. Malone says the market looks as if it is slowing down and the lenders and inermediaries will […]


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