Shares in Northern Rock fell back 5p to 558.5p on Tuesday after its shares surged by 14p to 564p on Monday after reports that the former building society is in takeover talks with Lloyds TSB.
Regarding the article headed, Beale Dobie Oeic is first to invest in Teps, I should inform you that Neville James Fund Managers became fund manager to the first Tep-based open-ended investment company (Oeic) in 1996. The With Profits Plus Fund capitalises on the benefits of guaranteed locked-in values offered by with-profits endowment policies and has […]
“Sexy poses in the boardroom? I'm game.” – Abbey National's Basil Larkins on playing up to the camera for Money Marketing. “It's something I pinched off the back of a bus.” – Standard Life Fund Management chief executive Alan Burton describing the new slogan for its ethical trust, An ethical trust which doesn't cost the […]
Indian equities have officially re-entered a bull market, with the benchmark index climbing to a 11-month high. Better-than-expected data on US jobs and a brightened outlook for global growth have contributed to the market’s strong returns, but domestic drivers have also played a big part in the recent rally. Kunal Desai, Manager of the Neptune […]
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The FCA has estimated that the hiring of new independent directors to fund management boards will cost firms a total of nearly £28m a year, as it lays out better fund governance rules. In its consultation paper on implementing the asset management study’s “package of remedies”, published today, the regulator says it will now require […]
National IFA looks to renew platform panel as consolidation shakes up the market