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Miller quits Exeter Fund Managers

Geoff Miller, portfolio manager at Exeter Fund Managers, has quit the group after four years.

Miller, who joined the company in 1999 from Brewin Dolphin, ran the Exeter financials and equity growth & income investment trusts. He also ran the equity income unit trust, which has fallen nearly 50 per cent since he took the reins in 1999.

He is believed to be moving back to London.


Standard clashes with ScotEq on EPP transfers

Standard Life has criticised Scottish Equitable for mounting a campaign to get IFAs to transfer executive pension plans to personal pensions.Standard argues that the Government&#39s Green Paper reforms will sweep aside differences between EPPs and PPPs.It argues that only those people who are expecting to die or retire before the Green Paper takes effect will […]

Monitoring moments

“Past performance is no guide to the future” is the familiar mantra that has been the subject of much debate over the years. Whatever the theory, the reality is that consumers and industry professionals alike view performance statistics with a high degree of interest.The varied options for the presentation of performance data can make comparison […]

ABN Amro fined £900k for share price misconduct

ABN Amro Equities has been fined £900,000 by the FSA for market misconduct and serious compliance failures.The regulator has also slapped a £70,000 fine on former joint head of the UK equity trading desk Michael Ackers for market misconduct.The fines relate to a series of events in 1998 which saw the UK equity team acting […]

Take up the LIA challenge

The aim of the LIA President&#39s Challenge is for teams to raise money to fund a new hospital unit for the Teenage Cancer Trust.The challenge is to put together a team of eight and raise sponsorship of at least £500 each. You will then spend 48 hours competing in a number of events at Barton […]

Sticking to valuation discipline when investing in China

Journalist Alexis Xydias discusses the opportunities – and potential pitfalls – of investing in China with Artemis fund manager Peter Saacke. With Peter holding significant positions in China in the Artemis funds he manages, journalist Alexis Xydias quizzes Peter on the risks of investing in Chinese stocks – including over-valuations, margin trading and financial reporting issues. Click here for video


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