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Lloyds leads way back with RMBS

Lloyds Banking Group has become the first bank to issue a prime residential mortgage-backed security in over a year. The £2.82bn deal will be made up of prime mortgages from Halifax.

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L&G tracks Investec funds

Legal & General has introduced the fund tracker capital guaranteed bond, which is linked to the performance of the Legal & General Investec moneybuilder fund.

Executive director role for Earls

Equitable Life has appointed Mark Earls as executive director. He joined Equitable in 2002 as head of operations and programmes.

Frexit & contagion risk in Europe

Rob Burnett, Head of European equities at Neptune Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Is this likely and what is the mechanism for this to happen, asks Rob Burnett, Manager of the Neptune European Opportunities Fund. Read more: https://www.realworldinvestors.com/Posts/Read/1371/Frexit_and_contagion_risk_in_Europe […]

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