Nationwide is to increase standard variable rates by between 0.3 and 0.5 per cent on mortgages from its specialist lending arms The Mortgage Works and UCB Homeloans.
Alot of the press coverage of the Investment Management Association concerns the topic of sectors, especially the creation of new sectors or the abolition of small ones that no longer serve a purpose. What is the objective of the IMA categories? There are more than 2,500 UK authorised funds available to buy. Sectors are designed […]
Bank of England governor Mervyn King has told MPs financial reform is needed so that there is no longer an expectation on Government to bail-out troubled banks.
Prudential has launched five risk-rated multi-asset funds in partnership with Old Broad Street Research. The dynamic portfolio risk-rated defensive, cautious, cautious growth, balanced and adventurous funds will be available across Prudential’s pers-onal pension products, income drawdown, onshore and offshore bonds. Prudential’s portfolio management group will be responsible for the asset allocation of the vehicles while […]
FSA chairman Adair Turner has called for the creation of a new official body with powers to force banks to curb lending during financial bubbles.
By Kunal Desai, Neptune India Fund
As global investors continue to scour emerging markets through the lens of reform potential, India shines bright. Indeed, we think it can sparkle even brighter. We anticipate India’s self-imposed 10-year ‘policy holiday’ to turn into one of the most pro-growth and pro-investment policy calendars seen in Asia in years. The Indian electorate has engineered a historic verdict. We now have the strongest Indian government since 1984, with the pro-market Bharatiya Janata Party (BJP) achieving an absolute majority for the first time in the party’s history.
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Things are moving fast over at the newly merged Standard Life Aberdeen. The very first results for the combined company hit the wires this morning and, finally, a clear strategic direction is emerging. Overall, there were net outflows. Not a great start, particularly given Scottish Widows’ parent Lloyds’ decision to pull its £109bn mandate earlier […]
Providers looking to re-brand must carefully consider those buying the products and the advisers who have to explain them I started my working life at Hill Samuel Life Assurance Ltd. As company names go, it was not the most exciting and we were occasionally confused with H Samuel the jeweller, but at least it said […]
Standard Life Aberdeen has reported outflows of £31bn in its full year results, six months after the mega merger at the Scottish fund houses completed. In August 2017, Standard Life and Aberdeen Asset Management joined forces to become Standard Life Aberdeen, a giant global asset management powerhouse running £655bn assets. In its full year results, […]