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Liberty takes over the rest of Portfolio

Liberty International Holdings is buying the rest of the shares of Portfolio Fund Management and injecting £5m to expand the business. It is buying the remaining 30 per cent after taking a 70 per cent stake in January last year. Liberty says Portfolio&#39s funds under management have grown more than fourfold from £20m to £90m since it took its stake.

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Aegon toast to the future

Aegon chairman of the executive board Kees Storm is noted for being a frank speaker. But even Storm is cagey over acquisitions. As Europe&#39s insurers scramble to seal deals and analysts predict just five major players will emerge over the next few year, Aegon has been tipped as a predator. In the space of two […]

Statistically speaking

I recently read in the press some of the statistics published in the Office of National Statistics&#39 annual report. There was much contained in the report of direct and indirect relevance to those marketing and advising on financial services products. Everyone accepts that we are in a time of significant and continuing demographic and cultural […]

The issue over the closure of Fimbra

A news article noted the Fimbra AGM and that Brian Cochrane and others had called for a poll (Money Marketing, December 18) but without giving any indication of the issues at stake. As such, I feel that you did most IFAs a disservice. It is now over three years since the PIA was established and […]

ScotEq extends its range

Scottish Equitable is extending its pension range with four new funds. Three funds are aimed at investors seeking an above-average level of risk while the fourth, UK equity income, is aimed at medium-risk investors. The European smaller companies fund is aimed at achieving first-quartile performance over a rolling three-year period. European Tactical invests in all […]

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