Keydata is to make major enhancements to its free IFA CD aimed at giving advisers the same fund trading technology as discretionary brokers.It says the November issue will allow IFAs to combine funds from any supermarket and fund manager, perform valuations and trade funds. Keydata CD was launched in 1997 but has not seen much development in recent years until the firm became a major shareholder in FundWorks. The first major enhancement of the technology is expected this month with new developments including fund data by Lipper, fund mana- ger interviews by Asset.tv, a bespoke illustration tool, a multiple factsheet tool and automated updates. Chelsea Financial Services managing director Darius McDermott says: “The difficulty is differentiating between new technology that is worthwhile and that which is not. This sounds interesting if it can deliver everything it says.”
SVM’s flagship hedge fund High- lander has seen 90 per cent of its assets walk after a period of sustained underperformance. The long/short European equity portfolio, managed by Colin McLean, has seen assets under management shrivel from euro 600m to euro 60m in the past two years. Swiss fund of hedge funds boutique Soprigest senior […]
Bradford & Bingley made a profit of 150m for the half-year, up 8 per cent from 139.4m in 2004.
Financial Objects has appointed Nicola Price as marketing director, with her role including overseeing the integration of the recently acquired Wealth Management Software.Price joins from TIBCO Software where she was responsible for field marketing and lead generation activities across Northern Europe.Price says: “I am delighted to join Financial Objects during this exciting period of change […]
This week, I will conclude my series of articles on recent and imminent developments in the pension world. In my last article, I looked at issues relating to the pro- jection of benefits from final-salary schemes and state pensions. Here, I will move on to the projection of money-purchase benefits, paying particular attention to the impact of statutory money-purchase illustrations.
James Dowey, Investment Director, Chief Economist China and Japan have both performed strongly so far this year, while the UK and Europe are going through periods of political uncertainty. In contrast, the US has experienced a temporary soft patch, but the lower oil price is proving to be a boon for consumers. How do these […]
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Fighting over those in financial services, rather than garnering interest from outside it, is asking for trouble When you ask the owner of an advice firm what concerns them most, they respond with one of two answers: regulatory change and recruitment. For once, I am going to talk about the latter. Here are the main problems as […]
Columbia Threadneedle is urging Unilever to engage with investors after its decision to establish its main headquarters in Rotterdam. Columbia, one of Unilever’s biggest shareholders, said it was disappointed with Unilever over concerns the move could be damaging for British shareholders. Head of responsible Investment at Columbia Threadneedle Investments Iain Richards said in a statement: […]
Aviva has u-turned on plans to scrap preference shares to investors. In a statement this morning, the insurance giant said that since it mooted the plans in its annual results earlier this month, it had discussed the issue with investors who had provided “strong feedback and criticism.” Based on the responses, Aviva says it has […]