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Investment Update

New Star Asset Management is offering a 1 per cent discount on all Isa and Pep transfers into its range of Oeics until April 5. The discount will reduce the initial charge on New Star funds to 4.25 per cent from 5.25 per cent. Minimum transfer into each fund is £1,000.HBOS is aiming to become a market leader in the socially responsible investment arena by recruiting three specialist fund managers. Dr Craig Mackenzie, Rachel Crossley and Steve Waygood all join from Friends Ivory & Sime, where they worked on the SRI desk.Threadneedle Inv-estments is teaming up with AIG Life, Canada Life International and Norwich Union to host a series of IFA workshops across the country next month. They start in Belfast on February 4 and end in Winchester on February 13. The workshops will focus ~on helping IFAs provide comprehensive and practical financial solutions for their clients.Gerrard Investment Funds is temporarily rebranding its funds under the OM Gerrard name following the firm&#39s merger with Old Mutual Asset Managers. The funds will eventually be rebranded under the Old Mutual name after the rationalisation of the fund range in the second quarter of the year.

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