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Jupiter opens staff fund to public

Jupiter is to open its staff investment funds to the public under the name Merlin Balanced, aligning it with its three other Merlin vehicles which are managed by John Chatfeild-Roberts.

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Fidelity moves in young guns to run funds

Fidelity is making a number of changes to its equity portfolio management teams in what it says is a development drive for its younger managers. Mark Hodges moves on to his first retail fund portfolio after 10 years running institutional equities while Sanjeev Shah is picking up one of the firm’s biggest pan-European equities funds. […]

Market Harboro’ in advice deal with Skipton

Market Harborough Building Society’s 55,000 customers are to get access to whole of market advice through a deal with mutually owned Skipton Financial Services. MHBS customers will get acc-ess to general investment and ret- irement planning, inheritance tax planning, will writing and estate planning from Skipton’s 120 whole of market advisers. The relationship has come […]

OFM Group joins Personal Touch Financial Services

OFM Group has relinquished its directly authorised status and joined Personal Touch Financial Services.OFM says being directly authorised was not cost or time effective.OFM Group completed 500 million of mortgage business last year and over the past seven years has arranged in excess of 10,000 residential mortgages, making it one of PTFS largest members.Formed in […]

A tough start for 2017 consensus trades

By Kacper Brzezniak Every year, starting around November, investment banks (and fund managers) begin to drip out their outlooks for currencies, rates, economies, you name it, for the following year. The consensus has been largely wrong for the past four or five years; those multiple rate hikes never came, the bond market is still alive […]

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