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.
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Trump’s announcements of tariffs on steel and aluminium have led to a much greater focus on the risks posed by his presidency We have had a rollercoaster start to 2018. January saw a rapid rise in global equities before markets succumbed to a technically driven sell-off, recovered a little, and sold off again on the […]
Legal & General has appointed Mark Jones to the role of product director of UK protection, within its insurance division. Jones joins from Sun Life. He will be responsible for the developer of both retail and group protection products, and will report into the managing director for UK protection, Steve Griffiths. Griffiths says: “We are […]