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Henderson offers initial charge discount

Henderson Global Investors is offering a 1 per cent discount on the initial charge on its European Capital Growth Fund.

The fund is an Oeic and is available in an Isa wrapper and as a Pep transfer. The minimum lump sum is £1,000 or £2,000 through an Isa.

Henderson UK retail head Simon Ellis says: “There is very strong demand this year for some new names in European funds, following years of dominance by two funds. Our fund is attracting a lot of attention and support on the back of consistent outperformance.”


Hunting with the pack

The latest Government gimmick to hit homebuyers -the seller&#39s pack – has become a cause of disquiet. The controversial pack, which is set to be compulsory from 2003, is designed to speed up sales. It must be put together by the seller before they put their home on the market. This would give buyers access […]

Perpetual&#39s Maguire leaves after merger

Perpetual pension development director Fiach Maguire has left the company following its £1.05bn deal to merge with Invesco last October. Maguire&#39s departure follows the decision to merge Perpetual&#39s pension operation with Invesco&#39s. Maguire, 42, has been regarded as one of the most influential voices calling for a greater role for fund managers in pension provision […]

Aberdeen creates new role for star US manager

Aberdeen Asset Management has appointed star US fund manager Katherine Garrett-Cox as chief investment officer. The newly created position, which was previously incorporated into chief executive Martin Gilbert&#39s role, follows a rapid expansion within the company, including most recently its takeover of Murray Johnstone. Garrett-Cox will surrender her role as head of US equities to […]

New chair for Sofa

Sofa has appointed 30-year-old IFA John Porteous as its new chairman, replacing Peter Williams who stepped down in December after serving for a year. Porteous is director of The Independent Financial Partnership and has 10 years experience in the financial services industry. He has been an IFA for three years, first with Robson Rhodes before […]


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