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Montpelier in global joint venture

Global IFA Montpelier Group is launching Montpelier Fund Management this week through a joint venture with Montague Capital. The merger with the Stratford-upon-Avon- based global investment manager, which is effec- tive immediately, will allow Montpelier to offer high-net-worth clients discretionary and advisory portfolio management advice, with access to Montague’s 12 investment managers, in addition to the tax and financial advice it currently offers.

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Standard in Tenet stake talks

Standard Life is understood to be in negotiations to buy up to 40 per cent of the Tenet group in a deal that would value the independent group at 86m. Tenet has over 5,000 advisers and is the third-biggest IFA group behind Bankhall and Sesame. It owns seven subsidiaries, including mortgage specialist Lime, the M&E […]

New Star appoints new UK MD, retail sales & marketing

New Star Investment Funds has appointed Phil Wagstaff as managing director, UK retail sales and marketing, effective from September 7.Wagstaff joins from M&G, where he was MD of its UK retail business.He will report to Mark Skinner managing director, sales and marketing, who has overall responsibility for New Star’s UK and international fund distribution.New Star’s […]

Taking stock

Matt Davis finds that equity markets have ridden out the terrorism

The old story

It has been estimated that age discrimination costs the UK economy upwards of 31bn a year. Stereotypes about age are part of the culture in many offices. For older workers, these unfair and unjust prejudices mean they can struggle to get a new job, get training or be awarded a promotion and are often forced […]

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