View more on these topics

Manduca back from break to head UBS small cap team

Former Gartmore star manager Frank Manduca has joined UBS Global Asset Management as head of its UK small cap team after taking a six-month break from the industry.

Manduca, who resigned from his role as UK smaller companies manager at Gartmore in March after a period of underperformance, will take charge of the small cap team in advance of its push into the UK retail market this month.

UBS will offer a UK small cap fund to accompany the move but says it cannot confirm whether Manduca, who will report to head of European equities Richard West, will be manager or when the fund will be launched next year.

Manduca says: “It is a very exciting opportunity. UBS Global Asset Management is a great firm with a talented team and excellent product. I think it is somewhere where I can make an impact.”

UBS head of retail Graham Kane says: “Frank has many years of investment experience and we are delighted that he is joining our team ready for launch into the UK retail market.”


PI firms warn IFAs over endowment clients

Professional indemnity insurers are warning IFAs not to proactively contact clients about endowment mortgage shortfalls amid concerns that they could fall foul of their PI cover.However, IFAs claim the advice is short-sighted as it would be better to advise clients to take action now on potential shortfalls rather than wait until endowments mature, when a […]

Derbyshire Building Society – Derbyshire Dual Bond

Tuesday, 17 September, 2002 Type: Combined high interest account and Norwich Union portfolio bond HIGH INTEREST ACCOUNT Minimum-maximum investment: £3,000-£150,000 Interest rates: 7% gross a year Term: One year Offer period: Until further notice Withdrawal penalties: No withdrawals permitted during term UNIT-LINKED BOND Aim: Income or growth Minimum investment: Lump sum £7,000 Fund links: Norwich […]

Stakeholder &#39failing to plug pension gap&#39

The average monthly contribution to an employer-sponsored stakeholder scheme is just £44, which is £250 less than someone needs to save each month to produce a pension of half their salary, according to the Trades Unions Congress.Research released by the TUC at its annual conference in Blackpool last week analysed Inland Revenue statistics revealing the […]

Britannial International – Easy Access Equity Bond

Wednesday, 18 September, 2002 Type: Offshore guaranteed equity bond Aim: Growth linked to performance of FTSE 100 index Minimum investment: Lump sum £10,000 Place of registration: Isle of Man Investment split: 100% linked to performance of FTSE 100 index Guarantee: Original capital returned in full regardless of performance of index Yield: 80% of growth in […]

A bull case for US equities?

Neptune video: a bull case for US equities?

Watch Felix Wintle, head of US equities at Neptune, discuss why he believes US equities are in a structural bull market and the key factors that can drive the S&P 500 higher.

In the video, Wintle addresses the following:

• The US market and why — despite equities rising from 2009 — he believes the structural bull market only started in 2013
• Key economic and corporate factors that can drive the S&P 500 higher
• Investment themes and sectors offering exposure to the domestic recovery


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm