Henderson Global Investors is to launch a growth and income to be run by Graham Kitchen and Andy Jones when they join the firm in October. Kitchen was recruited from Threadneedle while Jones runs Invesco Perpetual’s income and growth fund.
Investment funds under management for June 2005 were up by 19 per cent on figures for June 2004 at a 298bn. Isa funds under management of 41bn also rose by 21 per cent.
Credit Suisse Asset Management has ann-ounced the dates of its 2005 multi-manager roadshow for IFAs. Robert Burdett and Gary Potter, joint heads of the firm’s multi-manager services, will be visiting 14 venues during September. It starts in Glasgow on September 5 and finishes in London on September 16.
For as many years as I have been in the industry, debate has raged on who delivers the best service to consumers – IFAs, tied agents or now, I guess, multi-ties. This debate has pro-bably been the most damaging factor preventing us winning the trust of the British public. Certainly, in my experience, nearly all […]
Fund managers who hug the UK indices will have had to further increase exposure to the oil and gas sector.
Research by insurer LV= suggests that some 11 million employees in the UK have no company-paid sick leave entitlement. So if an employee from within the above grouping cannot work through illness or injury for any period of time, their only income would likely be that provided by state benefits alone.
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