View more on these topics

MGM and Pavilion in fund management deal

MGM Assurance has penned a deal with Pavilion Asset Management which will see Pavilion managing MGM&#39s £1.4bn in assets.

The agreement also sees MGM&#39s investment director Gregor Logan joining the Pavilion Board as chief investment officer.

The new combined fund management team will operate out of MGM&#39s City offices and comprise the majority of both existing teams.

After the deal, Pavilion now has £3.1bn under management.

MGM chief executive Gerard Healy says: “We are looking forward to developing the working partnership with Pavilion and widening the investment choice available to our policyholders, appointed representatives and supporting IFAs. We see this as bringing together highly complementary skills and believe it provides an excellent fit for all parties.”

Recommended

Large cap logic from Old Mutual

Old Mutual Fund Managers has designed the Old Mutual select large cap fund to fill a gap in its product range, The company already has a UK small cap and a UK mid cap fund, so a large cap fund was the next logical step. This unit trust will invest in around 40 larger companies […]

Independent view

When a friend of mine, a squadron leader in the Royal Air Force, called to tell me about a website called Friends Reunited which enables you to contact old school friends, I giggled quietly to myself and thought “what a nerdish idea”.But paying the £5 joining fee was one of the best things that I […]

Corporate planning opportunities: Gareth Marr, Advisory and Brokerage Services

The corporate IFA will concentrate on the planning opportunities around National Insurance and corporation tax changes. With the new nil rate band on profits up to £10,000 there are now five different rates of corporation tax. Profits Rate £0 – £10,000 0 £10,000 – £50,000 22 per cent (estimate) £50,000 – £300,000</TD 19 per cent […]

Skandia takes stake as Park Row relists

Birchin International, the financial services investment firm which reversed into Park Row last month, is relisting as Park Row Group as Skandia Life takes a stake.The firm is also in discussion with other product providers about selling a further one or two stakes after Skandia took a 5 per cent share in the Aim-listed company.The […]

UK Equities: looking past short volatility

By Mark Martin, head of UK Equities, Neptune With markets facing numerous challenges this year, Neptune’s Mark Martin, manager of the UK Mid Cap Fund, and assistant manager Holly Cassell explain how they look past short-term volatility to focus on maintaining a strong long-term performance record. Read more here Important Information – for investment professionals only. […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com