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Hughes heads HSBC multi team

HSBC Investments has poached James Hughes and Nicholas Pothier from Axa Investment Management to beef up it multi-manager team. Hughes will head the team with Pothier joining as a portfolio manager.

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Northern Bank and FSA in offshore sales dispute

A dispute between the FSA and Northern Bank could deter firms from moving offshore to sell into the UK. Belfast-based Northern Bank has suspended mortgage sales into the UK from its Isle of Man arm while its lawyers and the regulator are locked in talks about whether the bank needs FSA authorisation for sales on […]

Fund firms told they should consolidate ranges

Fund management firms should look to consolidate their existing fund ranges before launching new prod-ucts, say two leading investment figures. Hargreaves Lansdown head of research Mark Dampier says firms often seem keener to attract new investors than service the needs of existing investors while Credit Suisse joint head of multi-manager Gary Potter warns that it […]

Industry under fire over pension freedoms

By Jamie Clark, Business Development Manager, Royal London Recent articles in the media have raised concerns about the new pension freedoms. One perceived problem is that across the industry, trustees and providers are not necessarily allowing people to take full advantage of the pension freedoms in situ. This is backed up by a recent survey by […]

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