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Gartmore loses fixed income manager

Gartmore&#39s fixed income senior investment manager Eran Peleg is leaving the company after five years to return to Israel.

Peleg&#39s funds will be taken over by Paul Grainger, who has managed Gartmore&#39s UK fixed income portfolios since 1999 and also runs its UK Gilt and Fixed Interest fund.

Head of fixed income Roger Bartley says: “We are disappointed to be losing Eran, but we fully understand the reasons for his departure. Eran and Paul have successfully worked together since 1999. They have very similar investment management styles and Paul is the ideal replacement for him.”


Bristol & West – Global Income & Growth Guaranteed Equity Bond 7 Year Growth Issue 1

Tuesday, August 6, 2002Type: Guaranteed equity bond and high interest accountGUARANTEED EQUITY BONDAim: Income and growth linked to the FTSE 100, Nikkei 225, SMI andS&P 500 indicesMinimum-maximum investment: £2,500-£1mTerm: Until October 13, 2009Guarantee: Capital returned in full at end of term regardless ofmovement in indicesReturn: Up to 90% of growth in indicesInterest rate: 4% gross […]

Abbey quits group stakeholder sales

Abbey National is pulling out of new group stakeholder pension business as the battleground for market share moves to transfers and growing existing business.The company is the UK&#39s ninth-biggest stakeholder provider with 2,500 company stakeholder schemes. It says there is no point in wasting resources trying to chase new designations as all UK employers with […]

Positively charged

It is some 18 months since I last looked in this column at the technology being used by Positive Solutions. In this time the firm&#39s registered individuals have more than doubled to over 500. It was no surprise to me last March when the company won the Money Marketing Award for the best use of […]

International insurance standards one step closer

The creation of international standards for insurance professionals came one step closer at the annual meeting of the Institute for Global Insurance Education in Singapore last week.The topic was the focus of the meeting chaired by CII director general Sandy Scott, in the top seat at the IGIE for the first time since his election […]


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