View more on these topics

M&G appoints UK equities fund manager

M&G has appointed a new fund manager to its UK equities income team.

Hakan Salih is joining M&G from Hill Samuel Asset Management. He will report to head of UK equities Sam Morse and will be part of the income team headed by Richard Plackett.

M&G chief executive Michael McLintock says: &#34Hakan is a great addition to the team. Not only has he proved himself to be an excellent income fund manager, he also has valuable experience as a research provider.&#34


Trading in eXchange shares starts briskly

Dealing in shares of eXchange Holdings started briskly this morning with a 10 per cent rise in value in the first few minutes of trading.The IFA internet service provider announced a placing at 200p per share but early trading saw this rise to 226p within minutes.The trading debut gave the eXchange a market value of […]

Norwich Union to enter offshore market

Norwich Union is planning to enter the offshore market with a range of long term investment products.The announcement comes after it was granted a licence by the Irish Development Authority to establish an international financial services company based in Dublin.The life office is aiming to launch a range of products within the first quarter of […]


Royal & SunAlliance to review life business

Royal & SunAlliance has announced a shake-up of its life assurance operations. The review will see the life office move away from its traditional business area of with-profit funds and endowment policies. The results of which will be announced in September. The news came as the RSA Group unveiled its first half year profits has […]

BSF Investments launches Zero Preference Growth Trust

BFS Investments is launching an investment trust specialising in zero dividend preference shares.The Zero Preference Growth Trust is a split capital investment trust, which will be capped at £60m of which half will come from bank debt.The trust will have two share classes, zero dividend preference shares and growth shares. The zero shares will have […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment