Investec is offering 4 per cent commission on all advised lump-sum investments into the Investec global free enterprise fund until 31st December 2005. The fund is managed by Mark Breedon. It has out-performed the sector by 10.8 per cent, 24.7 per cent, 42.2 per cent, 33.65 and 46.3 per cent over one to five years respectively, to 31st December 2004, during which time it has remained in the top 10 funds, out of 157 in the sector.
Portman Building Society announces its 2004 annual results today, showing an overall improvement on 2003.Portmans key achievements include growth in total assets up 10 per cent to 15.5bn, increase in pre-tax profit by16 per cent to 78.1m and record new mortgage lending up 24 per cent up on 2003 to 3.6 bn. The society has […]
A trouble-shooter has been hired by split-cap investment trust firms to convince consumers to take the FSA compensation settlement.
Veritas, the fund management boutique set up by Newton founder Stewart Newton, is launching a global income fund, to be managed by James Harries.The fund is a Dublin based Oeic and will invest predominantly in global equities, with an ability to hold fixed interest and currencies. It will aim to produce a high and growing […]
Managed Balanced Fund
With a 10 per cent return from his Global Income Fund in the first three months of 2015, Jacob de Tusch-Lec talks to journalist Alexis Xydias about the drivers and why he favours Europe and Asia over the US. Jacob believes European companies remain cheap and is still finding opportunities amid value stocks – in contrast […]
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Offsetting the cost of advice this way would benefit clients and advisers alike One of the multiple barriers to better take-up of financial advice is that some people are unwilling or unable to meet the upfront cost. In response to this, the government has allowed people to take small chunks (three lots of £500) out […]
Fund managers like to trade off having a unique style. There thousands of funds out there to choose from – the question I often hear from advisers is: what makes this person different? Sometimes this can be a really tough one to answer. “We invest for the long term” is all fine and good, but […]
With rising costs and an increasingly tough regulatory market more advisers are looking to outsource their investment proposition, with many leaning towards discretionary fund managers. But while the number of advisers using DFMs is on the up, overall satisfaction with them has dipped. According to a recent survey by financial information firm Defaqto, 74 per […]