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Man Investment Products – Man Multi-Strategy Series 4

Tuesday, 12 November 2002

Type: Multi-manager hedge fund portfolio

Aim: Growth by investing in hedge funds

Minimum investment: Lump sum $ 50,000, euros 50,000

Place of registration: Bermuda

Investment split: 100% in hedge funds

Guarantee: 120% of capital returned regardless of performance of underlying investments

Isa link: No

Charges: Annual 3%

Commission: Subject to negotiation

Tel: 020 7285 2000


Pru plans growth and income for five years

Prudential has established the Prudential growth and income plan, a guaranteed equity bond that offers investors a choice between income or growth over a five-year period. Investors can choose between annual income of 8 per cent gross, monthly income of 0.62 per cent gross or growth of 42 per cent gross at the end of […]

Insight Investments – Insight Investments European Discretionary Fund

Wednesday, 13 November 2002 Type: Oeic Aim: Income by investing in European (excluding UK) companies Minimum investment: Lump sum £2,000, monthly £100 Investment split: 100% in European (excluding UK) companiesIsa link: Yes Pep transfers: Yes Charges: Initial 5.25%, annual 1.5% Commission: Initial 3%, renewal 0.5% Tel: 0845 8506050

Midshires picks chief for all mortgage sales

Birmingham Midshires has appointed a head of sales responsible for its mortgage consultants and intermediary sales team. Alan Cleary, who takes up the new position immediately, has been with the bank for 11 years, most recently as head of its mortgage consultancy channel. His appointment follows a restructuring at Mid-shires which sees all its mortgage […]

Loan advisers warned they must adapt

Mortgage advisers face significant changes that will strain their businesses or sink them unless they take action now, warns Legal & General. The company says advisers will have to adapt their business models to deal with mortgage regulation, general insurance regulation, margin pressures and seller&#39s packs if they are to survive.


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