View more on these topics

General Electric quits US sub-prime

General Electric has left the US sub-prime mortgage market, selling subsidiary WMC Mortgage Securities. Staff numbers have fallen from 1,200 to 700 this year. US mortgage lender Alliance Bancorp has gone bankrupt after the sub-prime downturn.

Recommended

‘LTC cover is the product of the future’

Dr Marius Barnard has called on the protection industry to “resurge” long-term care insurance, claiming “it is the product of the future”.At the Protection Review dinner in London last week, Dr Barnard, the architect of critical-illness cover and one of the pioneers of heart transplant surgery, said due to Britain’s aging population, long-term care will […]

BDO launch driven by foreign interest in central London property

BDO Stoy Hayward Investment Management is starting a fund focusing on highend residential property in central London.The Hyde Park fund will be unregulated and run in conjunction with the firm’s Dublin arm, Simpson Xavier. It will invest in residential properties in Westminster, the West End, Kensington and Chelsea and part of Camden.With a minimum investment […]

Swip aims Sicav at continental Europe

Scottish Widows Investment Partnership is looking to boost sales into continental European with the launch of a Luxemburg-based Sicav.Eight funds will be placed in the Sicav initially, with all being offered in euro and dollar denominations.Head of distribution Simon Wombwell says: “Offering a Sicav structure will further increase the availability of Swip’s funds throughout continental […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com