View more on these topics

It will be smiles better on Uranus

The year 2001 is set to be a happy one for the investment fund industry. The launch of the AITC&#39s “humorous” TV advertising campaign on Jan uary 8 is sure to raise awareness of the industry and lighten the mood within the investment world from the outset. Fund managers could smile up to 68 per cent more times than in prev ious years.

John Duffield will become even richer than he already is by bringing 50 star fund managers into his new company. Duffield will sell his shares, make even more money, get sacked by the new owners and start up an even newer company called Uranus Asset Manage ment.

Meanwhile, 2001 will become the most outrageous year ever for investment journalist corporate trips abroad. Trade investment journalists will regularly be taken to nice places in exotic climes, causing uproar in the industry. The fund management industry will show their anger at the protest by taking the journalists to even nicer places with more spending money.



What would I like to see in the new year? An embracing of change by my fellow IFAs. Change is a fact of life. However, it appears that aversion to change is endemic in the IFA industry. With every new bit of regulation or inno vation out come the cynics and whingers in their droves […]

Scottish Widows stakes claim on stakeholder

Scottish Widows is introducing a stakeholder pension that gives investors access to 17 funds, including three external funds from April 6, 2001.The stakeholder pension plan has an annual management charge of one per cent, for whichever funds investors choose. Investors can select both active and passive funds managed by Scottish Widows or externally managed funds […]

Close VCT Management – Close Technology & General VCT

Thursday, 4th January 2001.Aim: Income and growth by investing in international quoted technology stocks principally in Europe and USA, unquoted UK technology companies and unquoted companies in the non technology sectors of the UK economy.Minimum investment: £2,000.Opening-closing date: December 15, 2000-April 3, 2001.Charges: Initial 5 per cent, annual 2.5 per cent.Commission: Initial 2.5 per cent, […]


There are quite a lot of us only too happy to forget 2000 and get on with 2001. In a year which will be remembered for the collapse of our oldest and most prestigious mutual, Equitable Life, practically the only good news was that the millennium bug failed to strike and house prices put on […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm