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New Star offers Fof guidance

New Star has produced a plain English guide to funds of funds in an effort to reduce investor confusion over some of the terminology used.

The guide says good performance alone is a poor way of selecting funds. It examines strategies adopted by multi-managers, discusses fund charges and explains terms such as multi-manager, manager of managers, fettered and unfettered portfolios.

The guide emphasises that fund of funds products can be used to diversify investment risk and limit the paperwork for investors. It is available free to private investors and financial advisers.

Fund of funds manager Mark Harris says: “Most investors and their advisers do not have the time to manage their portfolios. We do that for them on a full-time basis, working out what the overall investment strategy should be and pinpointing those managers with the appropriate track records and approach. We aim to find the optimum balance between risk and returns at all times.”


Agency integrates Widow’s push

Scottish Widows has appointed marketing agency Teamspirit to support its graduate mortgage in an integrated campaign starting this month. The campaign uses trade and consumer press, radio, web advertising, direct mail and product literature.

Websites fail to meet disability regulations

Hundreds of potential customers could be disadvantaged as financial services websites do not conform to the Disability Discrimination Act.Of six randomly selected home pages of life / protection providers only one met the minimum requirements for disabled persons accessibility under UK guidelines.Money Marketing used an online accessibility module created by Watchfire to test the sites. […]

Zurich IFA Group changes its identitiy to Zurich Intermediary Group

Zurich IFA Group changes its identity today to Zurich Intermediary Group.Zurich’s strategy is to capitalise on the opportunities created by the changing regulatory environment, widening its appeal beyond IFAs, to multi-ties, hybrid players, banks, building societies and other intermediaries. Zurich Intermediary Group has recently completed a new deal with Openwork, for investment products and a […]


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