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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Capita has been replaced as the pensions administrator of M&G Prudential after an open market tender. The administration of more than four million life and pensions contracts at M&G Prudential will move from Capita to Diligenta, the FCA-regulated subsidiary of Tata Consultancy Services on 31 July. According to documents published a decade ago, the value […]
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Transfers of investments from one provider to another are not being completed as fast as most investors expect they will, according to research by Platforum. Platforum found two thirds of investors expected their transfer to take less than two weeks but only 38 per cent of transfers were actually completed in that time. Just over […]