View more on these topics

Neville James values Tep OEIC fund at over £30m

Neville James says its With profits Plus Fund is growing at £1m a week.

The market maker says its first OEIC to invest in Teps is now valued at over £30m.

It says annualised returns are 11.5 per cent and the investment has a lower risk than gilts and with-profits bonds.

Marketing manager Helen Langton says: &#34Being an OEIC we can minimise the risk of the fund and avoid the volatility of direct equity investment.

&#34It&#39s a fantastic opportunity to gain steady growth which is much higher than the average return on other investments.&#34


Unit trust sales reach record level of 1.5bn

Intermediaries accounted for 49 per cent of retail unit trust sales in November, although Pep sales made up a smaller than usual proportion.Gross retail sales of unit trusts posted a record high of 1.5bn, about 200 up on last month.Gross Pep sales of 664m, although up on last month, contributed a lower than average 43 […]

FSA announce changes to phase 2 of pensions review

The Financial Services Authority and the Personal Investment Authority are announcing further key policy decisions for phase 2 of the pensions transfers and opt-outs review regarding the treatment for rebate-only cases.The Policy decisions are:Investors with rebate-only policies who fall within the phase 2 rebate-only population and were aged 30 or more at the time of […]

Artemis Global Income: favouring Europe over the US

With a 10 per cent return from his Global Income Fund in the first three months of 2015, Jacob de Tusch-Lec talks to journalist Alexis Xydias about the drivers and why he favours Europe and Asia over the US. Jacob believes European companies remain cheap and is still finding opportunities amid value stocks – in contrast […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment