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HSBC bolsters alternative investment team

HSBC has bolstered its investment team with the appointment of Amy McNally as global marketing manager to its alternative investment division.

McNally joins HSBC Alternative Investments Ltd from Barclays Wealth where she was a product specialist covering alternative investments. The role saw her involved in the distribution of hedge funds, private equity and real estate products in both the UK and the EMEA region.

She has also held roles at JPMorgan Treasury Services and ABN Amro Mellon.

McNally will report to HAIL head of sales and marketing Florence Picon.


Regulator aiming to block misselling

The regulator says its work on wrap is seeking to avoid widespread misselling triggered by the use of platforms. It says platforms are coming under scrutiny as part of its more proactive regulatory strategy. FSA chief executive Hector Sants outlined the shift away from reactive to proactive intervention at a speech in March. Sants said […]

Brown’s pension threat

Chancellor Gordon Brown tried to derail Lord Turner’s pension reforms by threatening to bring down Prime Minister Tony Blair over the loans for peerages scandal, according to Blair’s memoirs. In A Journey, Blair says Brown told him to shelve Turner’s pension proposals or he would call for an inquiry into the loans scandal which Brown […]


Golden goodbye

Paul Thomas assesses reaction to a report claiming we are at the end of a gilded era for homeownership


FSA could kill off interest-only mortgages

The Council of Mortgage Lenders says the FSA could kill off interest-only mortgages with its proposals for regulating the loans in the Mortgage Market Review. The FSA wants to ensure that borrowers have a suitable plan for repaying the capital element of the mortgage and that lenders should be responsible for monitoring that borrowers achieve […]

Stop the cold-calling

Royal London is pleased to support the petition calling for a ban on cold-calling for pension and investment products. The petition, launched by IFA Darren Cooke of Red Circle Financial Planning and hosted on the Parliamentary website, calls on the Government to ban cold-calling for pensions and investment products. A similar ban is already in force […]


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