The JPMF overseas investment trust is to undertake a strategic review follow-ing the declaration of an 18.2 per cent holding in the firm by arbitrageur Carrousel Capital.
Financial advice could be available in supermarkets for eight million financially excluded people by 2008 through a public/private scheme, says the newly launched Resolution Foundation.
Neptune Investment Management, founded by Robin Geffen in 2002, has produced outstanding results across the board.
Credit Suisse income manager Leigh Harrison has quit the firm and is rumoured to be joining Threadneedle.Harrison took over running of the fund from top-performer Bill Mott, while Threadneedle suffered the departure of UK equity manager Graham Kitchen to Henderson earlier this year. Threadneedle are expected to announce the signing at noon today.
What constitutes best advice in the mortgage market? We all know that it is more than price and includes value and service levels of the lender. But every so often a product comes along which ticks all the boxes and you question why anyone else can be doing business at all in that sector.<
Johnson Fleming has received the ISO 22301 accreditation, which demonstrates the company’s ability to effectively understand and prioritise the threats to the business.
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Axa Investment Managers has reported nearly €50bn (£44bn) in outflows from its joint venture businesses, but has bucked the withdrawals with strong performance in its specialist products. In a note, the asset manager, part of the French Axa Group, says the decline in inflows was to be partly driven by a number of products reaching […]
Barclays has remained quiet on potential plans to re-enter the retail advice market. The bank closed its advice arm, Barclays Financial Planning, in 2011, but last February Money Marketing reported on plans that it would re-enter the market through a combination of online and face-to-face advice. This would build on the success of direct-to-consumer platform […]
As discretionary fund managers continue to grow in assets and importance in the adviser community, Money Marketing research has cast new light on the market’s impact on planning. More than 400 advisers and paraplanners responded to a Money Marketing survey on the DFM market. Ninety per cent of respondents used at least one DFM and […]