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Investec Private Bank – Nova Alpha Capital Protected Exposure

Type: Capital-protected fund of hedge funds

Minimum investment: Lump sum $100,000

Place of registration: Bermuda

Term: Seven years

Guarantee: Original capital returned in full regardless of the performace in the Nova Alpha fund

Charges: Implicit

Closing date: August 29, 2003

Commission: None

Tel: 020 7597 4010


A bolt from the blue sky

How appropriate for the FSA to be indulging in blue-sky thinking in the middle of a heatwave.It is thinking of adjusting how advisers are categorised perhaps based on the time of life of their clients or perhaps by speciality.The sighs of exasperation from those IFAs still in the country are almost audible.In this issue, a […]

Countrywide Assured Sees Profits Fall

Countrywide Assured estate agencies interim results show that turnover for the group fell to £282.3 million from £311.0 million in 2002. Pre tax profit fell to £21.9 million from £35.8 million and while the average house sale price rose 15 per cent the number of houses sold fell 16 per cent. However Countrywide says it […]

MediQuote adds Health-on-Line products

Comparative private medical insurance and cash plan portal MediQuote has added individual products from Health-on-Line to its offering. Group Company Choice plans will also be offered from September.Health-on-Line&#39s PMI plan offers essential in-patient cover with the choice of adding any of seven additional options instead of a pre-determined basket of benefits.MediQuote business development director Mark […]

Naked truth about hot-air balloon

The Diary would like to warn its readers to beware what they do in the safety of their back yard as you just never know who might be watching from above.A hot-air balloon flight over Bristol last week organised by Clerical Medical showed a group of journalists some interesting West Country backyard behaviour.The lowlight of […]


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