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Paul Mumford

Paul Mumford: Why stepping back from equities would be a mistake

The case for equities is still strong, argues Cavendish Asset Management’s Paul Mumford. So far this year, a first-time investor could understandably be worried about their exposure to equities. First came US market volatility, sending prices tumbling only to recover and more in a matter of hours. Now, the Bank of England has warned that […]

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Scottish Widows fifth firm to suspend TVAS services

Scottish Widows is the fifth firm to halt transfer value analysis report services as the FCA looks to crack down on unsuitable defined benefit transfers. The decision follows those from LV=, Pru, Standard Life and Old Mutual Wealth after the FCA said the reports could act as inducements. The FCA published its flagship paper on […]

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FCA’s Bailey ups push for cooperative Brexit and open markets

FCA chief executive Andrew Bailey is calling for regulators to back a proposed implementation period after Brexit to avoid an economic “cliff edge”. Speaking at The International Financial Services Forum today, Bailey continued pushing for cooperation between the British and European regulators, this time pointing to preserving financial stability. He says: “Brexit has global implications, […]

Neptune launches Japan Institutional Fund

By Chris Taylor, Investment Director, Head of Research Neptune is excited to announce the launch of the Japan Institutional Fund on 22 June, having disclosed to the market in March its intention to offer the product. The Fund will be managed by the highly-regarded Chris Taylor, Head of Research and manager of the long-running Japan Opportunities Fund. It will invest in the same underlying stocks as the Japan […]

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