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Invesco Perpetual fund manager quits

Invesco Perpetual global dynamic theme fund manager Andrew Callender, 37, is t quit the firm and retire from fund management. Callender has run the £120m fund since he returned to the UK from the £120m fund since he returned to the UK from his role as Invesco&#39s Japan chief investment officer at the start of last year.

Invesco deputy chief investment officer Bill Barton will assume control of the fund ahead f several new appointments to the global equities desk.


GAM adds to its constellation of star funds

Global Asset Management (GAM) is adding another product to its constellation of star funds.The GAM star American focus fund brings the total of GAM star funds up to 12 and aims to provide long-term growth. Set up as a UCITS, the fund is domiciled in Dublin. GAM has aimed the fund at the experienced investor […]

Royal Skandia is set

Royal Skandia is set to put down permanent roots in the Middle East by opening an office in Dubai. Located in the city&#39s Airport Free Zone, the office will open next week under the stewardship of sales manager Andrew Tennant, who has spent the last seven years in Dubai servicing brokers in the region. Skandia […]

Liverpool Vic expanding with group life and critical cover

Liverpool Victoria is expanding its presence in the group protection market with the launch of group life and critical-illness cover products in November. The move is the first major protection expansion that the friendly society has made since its acquisition of Permanent Insurance was finalised in February. It says this is an opportune time to […]

Eagle Star flies with-profits flag

EAGLE STAR WITH-PROFITS BOND Type: With-profits bond. Aim: Income and growth by investing in unitised with-profits and up to 12 unit-linked funds. Minimum investment: £5,000. Bonus rate: 5.25 per cent. Allocation rates: Option one – £5,000-£19,999 – 95 per cent, £20,000-£29,999 95.25 per cent, £30,000-£49,999 – 95.5 per cent, £50,000 and above 96 per cent. […]

US loan growth is not painting a pretty picture for the US economy

Written by Mike Riddell One of the current big debates in global financial markets is whether investors should believe ‘hard’ rather than ‘soft’ data, where the usually reliable business and consumer surveys have been suggesting strengthening in global growth momentum for some time now, while the economic data that feeds through into the Gross Domestic […]


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