Inflation increased to 3.7 per cent in April, according to the OFS. The CPI was at 3.5 per cent in January, 3 per cent in February and then up to 3.4 per cent in March, marking the highest point inflation has reached since the end of 2008.
THE EDITOR’S COMMENT OF THE WEEK
MARR’S MARKETS Julian Marr
Lyxor Asset Management – Lyxor ETF S&P ASX 200
Kensington has launched a series of new buy-to-let products aimed at existing landlords wishing to expand their portfolio.
Ewan Thompson, Head of Emerging Market Equities, Neptune Although in political terms 2016 will be remembered for the seismic shocks of the Brexit vote and Trump’s presidential victory, the year was also a watershed for the global economy and emerging markets in particular. Following five years in the wilderness, the conditions are now in place […]
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Sims Financial Planning has become the third adviser acquisition this year for consolidator Fairstone. Three staff will join Fairstone, bringing funds under management to more than £90m along with total fee income of almost £500,000. Sims is the latest firm to be fully acquired by Fairstone after joining its downstream buyout programme in July 2015. […]
Aim listed advice and investment firm Harwood Wealth Management has continued its run of acquisitions with a deal to buy an Ascot-based retirement advice specialist. Harwood has acquired the assets of Plan65 for up to £1.56m depending on performance, with an initial payment of £810,000 coming out of Harwood’s existing cash reserve and the rest […]
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