View more on these topics

Morgan Stanley forecasts F&C outflow

A report on F&C by Morgan Stanley has predicted an outflow of 3bn in assets under management this year, after suffering outflows of 4.7bn last year. A 25-page Morgan Stanley report said F&C has suffered following its merger with Isis last October. The Morgan Stanley report says unit trust sales moved from an 85 million net inflow in the first half of 2004 to a 44 million net outflow in the four months to October 2004. This week F&C announced the appointment of Brian Larcombe and Philip Moore to the board as non-executive directors.

Recommended

Help the children of the tsunami

The events of Boxing Day morning in Asia brought a disaster of unimaginable proportions which has directly touched the lives of countless people in Asia and around the world. Many children have been affected, with many of the survivors now orphaned. It is support in the short, medium and long term on behalf of this […]

Fidelity Investments ready to launch Sterling bond

Fidelity investments plan to launch their Sterling bond fund in April. The fund, which will be available from April subject to FSA approval, will be managed by Ian Spreadbury. It will sit alongside the Fidelity MoneyBuilder and Extra Income funds. Ian Spreadbury will invest principally in UK investment grade bonds, but he is also free […]

Portman BS relaunches core mortgage product range

Portman Building Society has relaunched its core mortgage product rangee.Changes are effective from January 29 2005.The range is as follows:2 year fixed at 2.35 per cent2 year fixed, direct business at 4.48 per cent2 year fixed, introducer only at 4.74 per cent3 year fixed at 4.79 per cent5 year fixed at 4.89 per cent2 year […]

Framlington income fund soft closure

The Framlington equity income fund, managed by George Luckraft, is to soft-close from Friday 25th February 2005 by raising its initial charge to 5.25 per cent. The fund now holds 658m having grown from 157m at the end of 2003. Framlington says that there could be a risk to the funds performance should it continue […]

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