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Murray Johnstone appoints Leslie Robb as CIO

Murray Johnstone has appointed former Scottish Widows Investment Management managing director Leslie Robb as chief investment officer. He replaces Alastair Haddow who will now head up the US desk. Robb spent over 25 years at Scottish Widows. But his future at the company was put in doubt when SWIM chief executive Orie Dudley assigned him to special projects earlier this year.

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Edinburgh Fund Managers offers Pep protection

Edinburgh Fund Managers is claiming that it can offer IFAs&#39 clients security from current volatile market conditions using its new Pep Protection Strategy.This allows existing clients to transfer Peps into EFM&#39s protected equity fund and then switch free of charge to a growth or income fund. There is no initial charge on transfer of existing […]

AITC launches shareholder value initiative

The Association of Investment Trust Companies is launching a number of initiatives which it hopes will enhance shareholder value.The trade body has commissioned a &#34Reference Book for Directors&#34, which will be researched and edited by Nigel Sidebottom, formerly of Greig Middleton.It will also produce a guidance note on best practice for investment trust company reports […]

Alliance of convenience aids SOBS&#39 Midshires campaign

A group of Birmingham Midshires savers and borrowers are endorsing the Save Our Building Societies campaign because the Halifax offer is not generous enough.George Talkington, an account holder, is forming a group asking for &#34fair shares for all&#34 composed of people who do not oppose the takeover on principle but will support SOBS as a […]

Permanent offers third party health care adminstration

Permanent Insurance is teaming up with IT solutions specialists Sherwood International to offer Income Protection insurers a third party processing and administration service.The facility will offer full administration and processing support for PHI, CII and LTC plans for organisations launching these products and for companies with existing products which want to move to a specialist […]

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