Northern Rock loans to be part of biggest securitisation since crash

US investment firm Cerberus Capital Management is set to launch Europe’s biggest mortgage-backed securitisation since the financial crisis. The bond is reportedly backed by £6.2bn worth of mortgages originated by Northern Rock, which had to be nationalised in 2008. Cerberus bought £13bn of Northern Rock mortgages off the Treasury in November. It has already sold […]

Are value stocks ready for a comeback?

The past few years have seen growth style stocks outperform value. But as valuations for growth companies start to look expensive, is value making a comeback? Growth stocks have outperformed over the past few years. Performance of the iShares MSCI World Value Factor Ucits ETF highlights this, returning -3.27 per cent in 2015 compared to […]

Selftrade to charge platform fee following Equiniti takeover

Online investment and share dealing platform Selftrade has introduced a platform fee as part of its new pricing structure introduced following the Sunset clause. The platform charge will see the first £50,000 invested charged at 0.30 per cent, the next £200,000 at 0.25 per cent, while anything over £250,000 will be charged at 0.15 per cent. […]


New Investment Association boss faces ‘very difficult job’ ahead

Newly-appointed Investment Association chief executive Chris Cummings faces a “very difficult job” ahead of him, industry commentators say. TheCityUK founding chief executive has been appointed as the new chief executive of the investment trade body and will start his role in the third quarter of this year. Cummings joins the trade body six months after Daniel Godfrey […]


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