View more on these topics

Moneycorp widens forex operations

Foreign exchange company Moneycorp is opening two new offices in Portugal and Turkey.

The new operations are to provide specialist foreign exchange services to overseas property investors.

The openings in Vilamoura in the Algarve and Bodrum in Turkey take the total number of Moneycorp offices worldwide to nine. Three have opened in the last year.

Moneycorp head of overseas operations Vasilios Dimarakis says: “Overseas property investors and emigres in these areas can now benefit from expert and accessible foreign exchange services as well as support services from our affiliates. We will be looking to develop further these relationships with professionals in the Turkish and Portuguese property and migration industries.”

Parador Properties Portugal head office general manager Iain Tozer says: “We work closely with Moneycorp so their new presence in the Algarve is very welcome. The fact that more than 80 per cent of our clients use their money transfer services says a lot about the quality of their operation. We have found them to be less bureaucratic than other providers.”

Recommended

Boutiques close in on big brands

Boutiques are beginning to replace big investment firms on advisers’ buy lists as they turn in top performance.Research by Hargreaves Lansdown, which asked 500 clients who their clients were most likely to invest with, saw Neptune, First State and Artemis overtake bigger brands such as Schroders, Thread- needle and Gartmore, which were absent from the […]

A shaw thing

Sam Shaw is a reporter on Money MarketingIn a very non-Shaw fashion, I have managed to abstain from a number of social engagements over the last week. I started by blaming Alistair Darling for sapping the energy from MM’s newsdesk last week but then realised I was also saving myself for a weekend in Madrid […]

L&G builds Sipp share in £62m Suffolk Life deal

Legal & General is buying Suffolk Life for £62m in a bid to increase its share of the self-invested personal pension market to 10 per cent.The company will pay £15.75 per share for Suffolk Life.L&G chief executive Tim Breedon says he wants to focus on the savings part of the business in 2008 and increase […]

On the transfer list

The Budget was low on shocks but let us not forget what went before. Considered as a whole, the pre-Budget report, the Budget and everything in between have delivered quite fundamental change. Just because it did not all get announced on one day does not make it any less important.

Large-cap growth alpha thesis: seeking risk-adjusted excess returns

Content supplied by Loomis, Sayles & Company — an affiliate of Natixis Global Asset Management For mutual fund investors and managers of large pensions or endowments, a major challenge is to identify those portfolio managers who are most likely to deliver superior risk-adjusted returns in the future. Understanding how an investment philosophy informs a manager’s decision […]

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