Morgan Grenfell's Managed Portfolio Fund has been awarded a frAAA rating by Standard & Poor's. The Managed Portfolio Fund has £108m under management and has produced an annualised return of 12.1 per cent over the past five years. It invests in a range of Morgan Grenfell unit trusts in line with the house view on global markets and follows the asset allocation of a typical balanced pension fund.
Glasgow Investment Managers Shires Income trust has posted a return on net assets of 8.5 per cent with a proposed final dividend of 5.4p in 12 months to March.This brings the total divident over 12 months to 17.5p. The assets now total £164m.
Building Societies are trailing banks in terms of rates offered on Instant Access and No Notice accounts according to the Research Department.TRD analysed the top 20 accounts and found that only 2 were provided by building societies with 13 provided by banks.
PPP Healthcare has launched a health plans which it says will compensate for gaps in NHS provision.It says the new plan, called Perfect Sense, will dovetail with NHS services by providing immediate access to specialist consultants, plus private surgical treatment when NHS waiting lists are over 12 weeks long.Cover for a family of four, with […]
The shareholders of Martin Currie Smaller Companies Investment Trust are proposing to reconstruct the company. If approved, shareholders will have the choice of rolling over their investment into a new split-capital trust called the Martin Currie Enhanced Income Trust or they can take cash.
Peter Saacke, Artemis’ CIO, suggests what may lie ahead and explains how volatility suits stockpickers.
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AJ Bell saw assets under administration increase by 25 per cent to £39.8bn in 2017 for the 12 months ending 30 September 2017. In 2016 AUA was £31.8bn. The business also reported a 29 per cent increase in profit before tax to £21.7m (2016: £16.8m). AJ Bell says the increase in AUA was largely driven […]
Standard Life Aberdeen’s investment arm has seen outflows continue, latest results show, but the newly merged investment giant has benefited from an uplift from its pensions and platforms businesses. For the nine months to September, Aberdeen Standard Investments assets under management dropped from £580.6bn to £569.7bn, with company noting that market conditions “remain challenging.” This was offset by […]
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