Artemis fund manager William Littlewood is set to make a return to the retail market with the launch of an absolute return type fund later this year, Money Marketing understands.
Nationwide has predicted that it will have to pay out £250m in levies for the FSCS.
In the wake of the FSA’s revelation that it may restrict mortgage products, Money Marketing thought it was time to visit another example of mortgage restrictions.
The FSA has set out its plans for the future of financial regulation in the UK by demanding more capital for banks but it says talk of a cap on mortgage products is “premature”.
Focused on bottom-up stock selection, not just in equities but also corporate bonds, DNCA has a reputation as being a multi-asset manager, but is also well known for its European equity funds.
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Royal Bank of Scotland has joined rivals like HSBC in launching an automated investment advice service for more than five million customers. The bank claims to be the first bank in the UK to launch a “fully regulated” robo-advice service, which will be under its NatWest brand. The service, live from Monday, is targeted at […]
There is nearly £8.5bn in “drifted” legacy UK equity income funds that have underperformed against the sector over the past decade, research has found. As the fund management industry awaits Mifid II next year, Morningstar has analysed the competitive UK Equity Income sector on behalf of Money Marketing and found about 10 per cent of the sector’s […]
Old Mutual Global Investors has appointed Freddie Woolfe head of responsible investment and stewardship, reporting into chief executive Richard Buxton. Woolfe joins from Newton Investment Management, where he was a responsible investment analyst primarily covering the healthcare and technology, media and telecommunications sectors. Previously he held roles at Hermes Equity Ownership Services and HSBC. Woolfe will […]