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Liontrust profits increase by 12%

Liontrust has unveiled a 12 per cent profit rise for the 12 months to the end of March. Assets under management rose by 8 per cent to £5.5bn.

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B&B looks at Kensington bid as it eyes sub-prime

Bradford & Bingley has been touted as a potential bidder for Kensington Group, which confirmed it was in advanced takeover talks last week.John Charcol senior technical director Ray Boulger says B&B has been buying books of business and this would accelerate a move into sub-prime.He says: “B&B has been buying a lot of books of […]

Whittaker hands over reins of tri-star fund to Collins

Stephen Whittaker is to pass control of the UK equity portion of the New Star tri-star fund to Edward Collins.Collins will initially co-manage the equity portion in tandem with Whittaker before taking over sole control later this year.Collins has run the Dublin-based New Star UK dynamic fund since February 2006. The fund is ranked 20th […]

Standard choice

How very different life is now compared with when I started as an adviser. Clients are more demanding of service and the timescale of its delivery. Containing costs is key to a profitable business. Some costs such as regulatory costs are unavoidable. Some such as administration costs are controllable.These demands led us to consider what […]

Standard Life attacked over endowments

Outgoing Standard Life chairman Sir Brian Stewart came under fire from shareholders over the performance of the life office’s endowment policies at the first AGM since it became a listed plc.

The changing world of professional connections

The Legal Services Act of 2007, which opened up the legal market to competition, has put the cat among the professional pigeons. In the words of a 2015 Law Society report on what the legal profession is likely to look like in five years’ time: “Business as usual is not an option for many, if […]

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