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Liberty Ermitage – Diversified Strategies Fund

Hedge fund of funds

Growth by investing in a portfolio of between 80 and 100 hedge funds

Minimum investment:

Place of registration:
Cayman Islands

Investment split:
100% in hedge funds

Annual 1.5%,
performance fee 15%

Subject to negotiation

Tel: 01534 615500


UBS buys London HNW adviser in wealth push

Swiss banking giant UBS is buying London IFA Scott Goodman Harris in the latest stage of its push into the UK wealth management sector. The 15-RI firm will be rebranded under the UBS Wealth Management UK brand. Scott Goodman Harris specialises in pensions and investment advice to high-net-worth individuals and had a turnover of over […]

Pledge plea on retro reviews

Concerned IFAs are calling for FSA chief executive John Tiner to reiterate the policy of no retrospective misselling reviews, outlined by his predecessor Howard Davies. WDS managing director Julian Stevens says Tiner should now make a formal and official statement to confirm that Davies&#39 view is still policy at the FSA. Stevens says although a […]

Elderly face tax bill from Revenue review – STEP

A Government review of inheritance tax law may mean thousands of elderly home-owners and farmers will receive unexpected tax bills from April 2005 warns the Society of Trust and Estate Practitioners. The impact of the review of pre-owned assets and gifts with reservation could lead to unforeseen income tax liabilities arising, says the STEP. The […]

Over £16bn completions for L&G mortgage club in 2003

Legal & General&#39s mortgage club members completed over £16bn of mortgages in 2003, up 24 per cent from 2002. It says that part of its success is down to the volume of exclusive deals it negotiates with lenders on its panel, which accounted for almost £3.5bn of the mortgages completed last year.


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