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Jupiter acquires Lazard portfolio service

Jupiter is to acquire the independent managed funds business from Lazard Asset Management for an undisclosed sum.

The acquisition will reunite Jupiter’s multi-manager team, led by John Chatfeild Roberts, with more than £250m of assets which it ran while it was at Lazard. The team moved to Jupiter in the first quarter of 2001.

The deal will bring the Lazard Personal Portfolio Service, the three Lazard Portfolio unit trusts and the Jersey-based Lazard Personal Portfolio funds into the Jupiter group.


UCB Home Loans – Buy2Let Tracker

Friday, November 23, 2001.Type: Discounted tracker rate buy to let self-certificationmortgage.Discounted term: Three years.Discount: 1 per cent from Bank of England base rate plus 1.99 percent.Payable rate: 5.49 per cent.Minimum loan: £25,000.Maximum loan: Loans of up to 50 per cent of valuation subject to amaximum of £750,000, 51-70 per cent subject to a maximum of£500,000, […]

Assuresoft set to sign net deal with Cofunds

Assuresoft is close to signing a deal with Cofunds that will see its fund supermarket on the Assureweb portal. The deal will see Cofunds&#39 trading platform go head to head with Skandia&#39s My MultiFundshop, which is already available on the platform alth-ough Assuresoft says the move is designed to give IFAs more choice and wants […]

Platform Home Loans – 1.5 Per Cent Discount For Remortgages

Monday, November 26, 2001.Type: Discounted rate mortgage for remortgages.Discounted term: Until January 1, 2003.Discount: 1.5 per cent.Payable rate: Depends on scheme.Minimum loan: £25,001.Maximum loan: Loans of up to 70 per cent of valuation subject to amaximum of £1m, 71-80 per cent subject to a maximum of £750,000,81-85 per cent subject to a maximum of £200,000.Income […]

Britannic extends extra allocation on with-profits

Britannic Assurance is offering IFAs an extra 2 per cent allocation on new investments into its with-profits bonds before December 31. The extra allocation scheme, which applies to investments of more than £5,000, was originally launched in June and ran until mid-August. However, Britannic has now decided to reopen the offer until the end of […]


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