UK mortgage lending is set to decline by 10 per cent over the next three years, according to research by Datamonitor. The UK Mortgages 2004 report says house prices are stalling as lenders face challenges with reshaping of distribution and more competition. Datamonitor expects more lenders offering one rate for new and existing customers.
Berkeley Berry Birch has announced the FSA investigation into the sale of Berkeley Independent Advisers Regular Savings Premium & Whole of Life Sales products is still ongoing.As a result the costs of such an exercise are uncertain at this point although they could be substantial if a full review is required.BBB also announced turnover for […]
New Star has produced a plain English guide to funds of funds in an effort to reduce investor confusion over some of the terminology used.
Standard Life has rebutted suggestions that it spurned its Sigma platform after it chose Fidelity’s Funds-Network as an alternative platform for its Sipp.
Financial Objects is trying to reassure advisers using Fairs Software over concerns that its takeover of Fairs’ parent firm Wealth Management Software creates an uncertain future for the IFA software company.
Watch Felix Wintle, head of US equities at Neptune, discuss why he believes US equities are in a structural bull market and the key factors that can drive the S&P 500 higher.
In the video, Wintle addresses the following:
• The US market and why — despite equities rising from 2009 — he believes the structural bull market only started in 2013
• Key economic and corporate factors that can drive the S&P 500 higher
• Investment themes and sectors offering exposure to the domestic recovery
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Royal Bank of Scotland has joined rivals like HSBC in launching an automated investment advice service for more than five million customers. The bank claims to be the first bank in the UK to launch a “fully regulated” robo-advice service, which will be under its NatWest brand. The service, live from Monday, is targeted at […]
There is nearly £8.5bn in “drifted” legacy UK equity income funds that have underperformed against the sector over the past decade, research has found. As the fund management industry awaits Mifid II next year, Morningstar has analysed the competitive UK Equity Income sector on behalf of Money Marketing and found about 10 per cent of the sector’s […]
Old Mutual Global Investors has appointed Freddie Woolfe head of responsible investment and stewardship, reporting into chief executive Richard Buxton. Woolfe joins from Newton Investment Management, where he was a responsible investment analyst primarily covering the healthcare and technology, media and telecommunications sectors. Previously he held roles at Hermes Equity Ownership Services and HSBC. Woolfe will […]