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Investec recruits sales director

Investec has appointed John Tevenan from DWS as its London sales director. He will focus on City and West End intermediaries and wealth managers, promoting the full range of Investecs products. He was previously head of discretionary sales at DWS, focussing on London and the Channel Islands.

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When news broke that Prudential would be launching into lifetime mortgages, there was a sigh of relief from the industry.

Derbyshire (Isle of Man) launches new account for ex-pats

The Derbyshire (Isle of Man) is launching an interest accumulator account for British residents looking to move away.The account has been designed for clients expecting their UK taxation obligations to change at a future date, as a result of moving to Europe, offering control over the date which interest is payable, therefore when tax liability […]

Skandia slashes Bankhall value

Bankhall is now valued at just 25m after Skandia wrote down 82m following a writedown of 70m last December, The new move fuels industry speculation that Skandia is poised to sell the loss-making support service organisation. Skandia paid 145.8m for an 81 per cent stake in the business in 2002, valuing Bankhall at 180m, and […]

Skipton launches double asset bond

Skipton Building Society has established the double asset bond 2, a product which combines a FTSE-100 linked guaranteed equity bond with a one-year fixed-rate savings account.

Can UK companies satisfy global appetites?

By Mark Martin, Manager of Neptune UK Mid Cap Fund

Rapid economic and income growth is leading to a dramatic shift in diet towards protein products right around the globe. UK companies such as Genus, the world’s largest livestock breeder, are benefiting from this increasing demand. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses this investment theme.

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