Invesco Perpetual has shelved plans for a dual-return split-capital investment trust due to lack of demand, uncertain stockmarkets and the forthcoming general election.
Credit Suisse, HSBC and JP Morgan Cazenove have spread the risk of underwriting Prudential’s £14bn rights issue between 30 banks.
Royal Bank of Scotland produced a better than expected result with a £3.6bn loss for last year. The loss is an improvement from a £24.3bn loss in 2008, and many commentators had been predicting losses of £5bn for 2009. Chairman of the bailed-out bank Philip Hampton says the losses were driven by the legacy of […]
You can tell a general election is in the air as the Government cranks up its spin machine a few notches.
’Authorised firms will need to fully explain to their retail clients the potential risks associated with buying corporate bonds’
Content supplied by Natixis Global Asset Management This video from Natixis Global Asset Management focuses on Active Share. One strategy for the smarter use of equity investments is ensuring you get what you pay for. According to the company, looking at Active Share can give you a better perspective on where performance comes from. Active […]
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Claims management companies must be more specific on separate permissions and competency when they under the remit of the FCA, according to HM Treasury. Under rules proposed in the Treasury’s latest consultation paper, claims management companies will operate under six sectors – housing disrepair, industrial injuries disablement benefit, personal industry, financial products and services, criminal […]
Knowing what assets each operator will accept and with what conditions is becoming increasingly difficult The recent well-publicised events concerning Sipp operator asset acceptance have focused the mind of a number of advisers. We have been fielding enquiries about our own Sipp and the asset classes we as a Sipp operator would consider. But this […]
Investment trust sales may come under pressure due to new EU rules, experts have warned. The potential benefits of gearing on investment trusts risk being overlooked as new cost reporting rules make them look more expensive compared with open-ended funds. Traditionally, closed-ended funds have looked attractive based on lower costs compared with other structures, as […]