Gartmore is forming an alliance with leading hedge fund company Aspect Capital. The agreement will focus on joint development and distribution of alternative investment products.
Royal London has announced major changes for its mortgage subsidiary Scottish Life Mortgage designed to improve efficiency and service levels in anticipation of mortgage regulation in October.
DWS Investments has set up a club which will provide members with immediate details on breaking news affecting global markets.Services include commentary from experts such as global chief economist Steven Bell, events featuring specialist speakers as well as discussion groups tackling topical issues.Investment club members will have access to specialist briefings on areas such as […]
Gartmore is setting up a private equity business early next year following a strategic review of the investment market which will see it move towards specialist fund management.The operation will be hea-ded by Gartmore veteran Peter Gale with help from Nick Shaw, who becomes deputy managing director after joining this month from Shell, where he […]
Reading Dave Harris' lengthy narrative on how Prudential effectively stole away a client from him, I am reminded that such treatment, although shameful, is not particularly out of step with the general attitude of most life companies these days.To them, IFAs are just one more source of business but not one to be accorded any […]
Earlier this year, the Artemis Global Select Fund became a ‘rated’ fund by Rayner Spencer Mills. Watch and read why they rate it and who it may be suitable for… Click here
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BMO Global Asset Management fund manager Robert Burdett has more than halved the exposure to passive funds in most of the multi-manager funds amid fears of a bubble in the market. Burdett, who co-manages the £1.2bn F&C MM Navigator Distribution fund with Gary Potter, says the team has been cutting exposure to passive funds across […]
Opinion differs as to what has caused the advice gap. Some believe the move from commission to fees has made advice unaffordable for the mass market, with advisers having to focus on wealthier clients for commercial reasons, while others say the trend was happening anyway, regardless of the RDR. For Simplified Money director Lesley James, […]
Sales of protection policies are back at peak levels, with the sector growing by more than 20 per cent in the past year, despite adviser complaints over protection’s lack of popularity. According to the latest figures from Equifax Touchstone, sales of protection policies surpassed £149m between July and September this year — their highest level […]