View more on these topics

Investec Guinness Flight says it now time to grab Asia by the horns

Asian markets are well on the road to recovery and there are lots of investment opportunities according to Investec Guinness Flight.

The fund manager believes the market has all the ingredients for a period of significant growth and this will pave the way for an upturn in profits.

Unlike Japan, Asia does not suffer from the problem of an ageing population, therefore it feels it is likely to benefit fro interest rate cuts.

Investec says such cuts have caused problems in Japan where they have exacerbated the countries pre-occupation with saving for retirement.

Investec Guinness Flight Asia&#39s managing director Royce Brennan says : &#34Asia is well into recovery mode and this is the fourth successive quarter our team is positive towards Asian markets.

&#34Furthermore our views are becoming conventional wisdom, as markets can be seen to move rapidly upwards.&#34


CD-Rom looks at portfolios

Keydata is to release a themed interactive CD-Rom focus ing on portfoliomanagement services.IFAs say it is difficult to track performance following Autif&#39s decisionto drop the fund of funds sector from its classifications.The CD-Rom will include video presentations from Gartmore, HendersonInvestors, Lazard, ABN-Amro, Martin Currie and Henry Cooke.Keydata launched its first CD-Rom in February and distributes […]

Britannic offers extra allocation on with profits bond

Britannic Assurance is offering investors an extra 1 per cent allocation on its IFA Portfolio With Profits Bond.The offer is designed to attract funds away from traditional savings accounts.Britannic entered the IFA market in May.Its national marketing manager David Newman says: &#34This offer demonstrates Britannic&#39s determination to make a big splash in the IFA sector.&#34

Norwich & Peterborough goes Posh

Norwich & Peterborough Building Society is launching a football affinity account aimed at supporters of Peterborough United.The &#34Posh account&#34 reflecting the club&#39s nickname, is designed to allow supporters to help the club financially by paying it an annual bonus based on the average of the balances held in Posh accounts.Fans who take out a Posh […]

Abbey National launches television banking

Abbey National is investing £100m in a series of e-commerce initiatives over the next three years.The investment starts with television banking which is due to be launched in September. The service will allow customers to review products calculate loan repayments and book an appointment to see and advisor.Extra services will follow next year, allowing customers […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment