Goldman Sachs Asset Management has been handed a £30m sub-advisory mandate to run a sterling corporate bond fund for Skandia Investment Management. GSAM will run the investment grade bond segment of SIM's bond income fund which, like its stablemates, will be split between fund of funds and segregated mandates. SIM has also chosen GSAM's £687.5m global high yield portfolio for inclusion in the Fof element of the fund.
I can't quite believe I am writing my third letter but here goes again. Millfield chief executive Paul Tebbutt yet again seems not to understand the question.I was not asking for a profit forecast merely whether he was going to make a profit at all. It is only through his company's closed period that he […]
Charcol is offering an initial fixed rate of 2.25 per cent on its federal reserve tracker mortgage until the end of March. The loan is a fix and track mortgage based on the lower US short term interest rates.
Fund supermarket Selestia is teaming up with Capital Planning UK in a joint initiative which will provide Selestia's advisers with a host of tailored portfolios and investment tools.The tie-up will allow advisers access to more than 90 bespoke Capital Planning-designed portfolios covering most risk profiles through Selestia's asset allocation model. All the portfolios, which offer […]
DWS Investments has set up a club which will provide members with immediate details on breaking news affecting global markets.Services include commentary from experts such as global chief economist Steven Bell, events featuring specialist speakers as well as discussion groups tackling topical issues.Investment club members will have access to specialist briefings on areas such as […]
By Kacper Brzezniak As the International Monetary Fund (IMF) downgrades the global growth outlook YET again (which is becoming a recurring theme, as we discussed here a year ago), we turn our eyes to Italy’s current economic disaster. Italy has recorded exceptionally weak growth in recent years but, in order to get a better understanding […]
- Top trends
- Top trends
- Revealed: The FCA’s findings on ongoing advice
- How much are advisers charging for pension transfers?
- Lifetime allowance 2018/19 increase confirmed but pensions absent
- ATS staff departures continue as platform commits to improved adviser experience
- SJP trainee adviser banned and fined for faking qualifications
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]