The firm says the guide is written in a straightforward and concise way and can be used by both investment specialists and advisers with more life and protection focus.The guide examines definitions of risk, how it is measured and the trade-off between risk and reward. It also outlines the New Star fund of funds team’s approach to controlling risk. It defines academic measures of risk such as standard deviation and the Sharpe, Treynor and information risk ratios and explores these in the context of modern portfolio theory. The New Star fund of funds range includes seven funds of funds designed for different risk appetites. These are the balanced, active, tactical, managed, European, American and Asian portfolios. Fund of funds head Mark Harris was previously at Edinburgh fund managers, which sold its fund of funds to New Star in October 2003. Craig Heron, who works with Harris, focusing on fund and manager selection, was also previously at Edinburgh. Harris says: “I believe it is essential that advisers have a comprehensive understanding of how risk is managed when considering returns. This guide addresses that issue and provides advisers with an easy reference that can be used when considering appropriate investments for clients.”
Some IFAs and their clients still have a cliched view of offshore investments as being unregulated and only for the very wealthy or crooks laundering money. For these reasons, many IFAs have steered clear of recommending the offshore market.
Non-disclosure can have a serious impact on IFAs’ as well as insurers’, businesses.
Leeds & Holbeck building society is launching a new five-year fixed rate shared ownership mortgage at 5.79 per cent.The offer will be available until November 1, 2010 and allows customers to borrow up to 100 per cent of their property share without a higher lending charge. The loan has an LTV of up to 75 […]
Jonathan White has been appointed strategic relationship manager at The Exchange. He joins from Bankhall where he was director of provider management. Prior to this he worked for Misys for ten years in a number of senior roles including head of strategic partnerships.
Edenred has partnered with Johnson Fleming to launch an auto-enrolment solution for small to medium-sized enterprises (SME) that will help employers fulfil their pensions obligations.
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