View more on these topics

Gilliat Financial Solutions – Precious Metals Kick Out – November 2010

Gilliat Financial Solutions – Precious Metals Kick Out – November 2010

Type: Capital-protected bond

Aim: Growth linked to the prices of gold, silver and platinum

Minimum-maximum investment: £3,000-no maximum, Isa £10,200

Term: Six years and three weeks

Return: 31% growth plus original capital in year two if each commodity is at or above its initial value, 46.5% growth plus original capital in year three, 62% growth plus original capital in year four, 77.5% growth plus original capital in year five, 93% growth plus original capital in year six

Protection: Original capital returned in full provided the commodities do not fall by more than 50% without returning to at least their initial values at maturity

Closing date: October 29, 2010, October 15, 2010 for Isa transfers

Commission: Initial 3%

Tel: 020 7012 2809

Recommended

Close Brothers sells property arm

Close Brothers is to sell the property division within its asset management arm to Alpha Real Capital. Close says the property fund management business is being sold for a nominal amount. All 35 members of staff will transfer over to ARC as part of the deal. Close Brothers’ currently has £560m of assets within its […]

Aegon bolsters fixed interest team

Aegon Asset Management has appointed Daniel Uhlemann as a quantitative analyst within its fixed interest team. Uhlemann joins Aegon from Royal Bank of Scotland, where he was a senior analyst within its UK corporate modelling team. Prior to this he was an analyst at Lloyds Banking Group as well as HBoS. He will report to […]

Hambi joins Insynergy with development role

Former Gartmore head of multi-manager Bambos Hambi has joined Insynergy Investment Management. He has taken up a senior consultancy position with responsibilities including business strategy and product development. Insynergy chief executive Spike Hughes says: “He is one of the biggest industry names and we are delighted to have him on this team. We are looking […]

Personal Touch shifts to employed structure

Personal Touch Financial Services is moving from a regional appointed rep model to an employed model ahead of the RDR and mortgage market review. The network, which has around 1,000 firms, is to replace its outsourced model of 16 regional hubs, which mostly operate as ARs, with 10 regional centres structured on an employed basis. […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment