New Star Asset Management is preparing to float in October. Plans to float last year were put on hold following poor performance of the equity markets but founder and chairman John Duffield says he is looking to go ahead after New Star’s nine-month results are published in September.
Bank of Ireland Isle of Man has established the guaranteed FTSE bond issue 7, a seven-year guaranteed equity bond linked to the FTSE 100 index.
Quotations from UnumProvident are now available on the Webline portal. Products include personal income protection, a primary protection plan, executive income replacement, essential abilities cover and a critical-illness plan.
Action by the Department of Trade and Industry to wind up a string of buy to let advisory and investment services is welcomed by the Association of Residential Letting Agents.The DTI announced it has taken action in the High Court to have these companies wound up in the public interest. Examples of practices that raised […]
F&C is appointed to manage 1.2bn of Swiss Life UK insurance assets, in a contract effective from July 1 2005. The appointment follows a tender process resulting from the sale of Swiss Life Groups UK life insurance business to Resolution Life Group.F&C manages 78.6bn of assets for European insurance clients, including Resolution Life Group, Friends […]
The managers of the Artemis Global Select Fund are buying back some of the equities they took profits in at the start of the year. To watch the video click here
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
The workplace presents a significant opportunity for advisers, yet many are still shunning this sizable market, experts argue. The pension freedoms and auto-enrolment have increased the unmet need for advice in the workplace. Some larger employers and pension trustees are no longer content to leave employees to fend for themselves among scammers and fraudsters and […]
Neil Woodford has rejected gloomy UK growth forecasts from the Office for Budget Responsibility revealed in yesterday’s budget, arguing the country is on track to achieve annual growth around 2 per cent. According to the OBR, growth this year will be 1.5 per cent, and fall to 1.4 per cent in 2018. Through 2019 and […]
Trade bodies tend to live in a cloistered environment while advisers keep the industry on its toes