View more on these topics

Moody&#39s says oultook is stable for UK mortgage lenders

Moody&#39s Investor Service says UK mortgage lenders retain stable rating outlooks and are unlikely to undergo downgrades as long as economic and monetary conditions remain benign. According to its report on the market out this week the stable rating outlook is reinforced by the greater structural strength of mortgage lenders compared with a decade ago and improved lending practices.

Recommended

Forward thinking

Two things always remind me that it is Christmas soon – the Sofa conference and the realisation that I have to write the Christmas cards as they start to arrive from elsewhere. Luckily I decided to stop sending cards to my clients last year and donated the cost to charity. This year, I will do […]

Davies to quit

FSA chairman and chief executive Howard Davies is to quit after five years in the duo role.Davies will leave the regulator in September 2003 to take up the position of director at the London School of Economics on October 1.Davies 51, was previously deputy governor of the Bank of England and had been tipped as […]

Roving Fidelity fund in bid to be a world beater

Fidelity is bolstering its fund range for the Isa season with a high-risk, global equity fund with a “go anywhere” mandate looking at global sector and stock-specific factors.The global focus fund will seek high returns from investing in stocks in any region or country according to the best ideas of manager Brenda Reed, who will […]

Friends adds two SRI funds to bond

Friends Provident is adding two socially responsible funds, the Ecotec and Stewardship international funds, to its lump-sum Investment Portfolio bond.The Ecotec fund is managed by Mark Thompson and Robert Pemberton at Friends&#39 investment arm Isis Asset Management. It invests in smaller companies in the global environmental technology sector, which offer long-term growth potential.Holdings in the […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment