Threadneedle has recruited Pauline Nepgen from Investec Asset Management for its global equities team. She will be responsible for covering technology and telecoms, with regional responsibility for Asia.
Hedge fund multi-manager Fortune Asset Management expects its closed-ended market wizards fund to list on the London Stock Exchange within four weeks.
River and Mercantil Asset Management
UK Unconstrained Fund
Abbey has been accused of creating a huge payment shock for borrowers after launching a stepped-rate deal that starts at 2.99 per cent for the first year.After one year, the five-year mortgage offer shoots up to 6.2 per cent for two years and climbs again in years four and five to 6.35 per cent. It […]
LV= and Bright Grey have revamped their critical illness cover in light of the Association of British Insurers new definitions for CI.The ABI’s statement of best practice for CI must be implemented by all protection providers by the end of April and many providers are taking the opportunity to revamp their CI products at the […]
The pension versus Isa debate has raged on and off for years. Les Cameron, head of technical at Prudential, asks if three’s a crowd. I think the debate was arguably settled by pensions freedom when the biggest downside of pensions – limited access and poor death benefits – was fundamentally changed. Total access, albeit with […]
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AJ Bell has launched an active version of its managed portfolio service. The six-strong fund range, which will only be available through the platform, will mirror the existing passive funds but invest actively through a set of 15 underlying funds for each portfolio. The range will charge 0.15 per cent plus VAT, in line with the […]
HSBC Global Asset Management has grown its funds under management by 13.4 per cent year on year as the largest European bank doubles its pre-tax profit for the period. In its full year results published today, the lender reported total group funds under management of $943bn (£675.6bn) at 31 Dec 2017, up from $831bn in […]
Former pensions ministers Ros Altmann and Steve Webb have urged the Government to make sure pension savers are adequately protected under new plans to reclaim “dormant assets” for charities. Earlier this month the Government announced plans to widen a scheme to release assets in bank and building society accounts untouched for 15 years and put […]