Mortgage Express’s Cammy Amaira is resigning as head of sales to join GE Consumer Finance Home Lending. He has yet to confirm his start date at GE but will be joining the team in the unsecured market on home improvement loans. Amaira has been at MEX for seven years.
F&C Asset Management has recruited Jonathan Mann as director, emerging debt.Mann joins from Standard Asset Management, which is a division of Standard Bank.He will report to Helene Williamson who is head of emerging debt.Mann has worked for CRU International and GT Asset Management (now Invesco Perpetual), joining Standard Asset Management in 2004 where he has […]
Mortgage Express head of sales Cammy Amaira is resigning to join GE Consumer Finance Home Lending. He has yet to confirm his start date at GE but will be joining the team in the unsec- ured market on home improvement loans. Amaira has been at MEX for seven years.
A former Park Row financial adviser has been jailed for 16 months for stealing a total of £55,000 from clients. Norman Rusell, 60, from Ellon, Aberdeenshire, admitted embezzlement charges when he appeared before Aberdeen Sheriff Court. The court heard that Rusell had embezzled £20,000 in 1997, while working with Liverpool Friendly Society; £25,000 in 2003, […]
Commercial property fund sales could suffer as investors see commercial and residential property as linked, says an expert from Scottish Widows Investment Partnership. Swip property research manager Stewart Cowe says his research shows that there is a correlation between the capital growth of commercial property funds and the capital growth of residential property. House prices […]
By Kunal Desai, head of Indian equities, Neptune Since the election of Narendra Modi as prime minister in May 2014, Indian equities have gone on to outperform both developed and emerging markets. A busy period of governmental and economic reforms, a lower oil price and falling political risk have been the primary drivers over this […]
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Offsetting the cost of advice this way would benefit clients and advisers alike One of the multiple barriers to better take-up of financial advice is that some people are unwilling or unable to meet the upfront cost. In response to this, the government has allowed people to take small chunks (three lots of £500) out […]
Fund managers like to trade off having a unique style. There thousands of funds out there to choose from – the question I often hear from advisers is: what makes this person different? Sometimes this can be a really tough one to answer. “We invest for the long term” is all fine and good, but […]
With rising costs and an increasingly tough regulatory market more advisers are looking to outsource their investment proposition, with many leaning towards discretionary fund managers. But while the number of advisers using DFMs is on the up, overall satisfaction with them has dipped. According to a recent survey by financial information firm Defaqto, 74 per […]