Bless Newton and their efforts. With what can only be described as marketing genius, the fund manager sent out polystyrene model aeroplanes boasting “Income funds with less drag” across the body.The irony comes, of course, when the plane is launched into flight – or rather, a sudden drop, as the plane possesses absolutely no aerodynamic ability whatsoever. Diary hopes this is not a portent of the performance of its funds.
Gartmore has made two senior appointments to its global emerging markets team.Sebastian Barry-Taylor joins next month as global emerging markets analyst covering the global consumers sector. He was previously at JP Morgan where he was vice president LatAm and CEMEA. Richard Clode joins from Herald Investment Management in January as global emerging markets analyst covering […]
Cheltenham & Gloucester is relaunching its intermediary website this week. The revamped website will include an affordability calculator, which will enable brokers to get a decision on how much C&G will lend their client without leaving a footprint on their credit record. C&G has also added a news alert service to keep intermediaries abreast of […]
Rigid complaint-handling rules requiring firms to respond within five working days and give a four-week update are to be scrapped as part of the Newcob consultation and replaced with a requirement that firms respond in a “reasonable time-frame”, Money Marketing understands.
Housing Minister Yvette Cooper has confirmed up to 100,000 new homes will be built in areas considered “new growth points”.The proposals are designed to enable more first time buyers onto the property ladder. Cooper says: “If we don’t build more homes less than a third of today’s ten-year-olds will be able to afford a place […]
A product designed to bring some unique attributes to the crowded absolute return global macro space With diversification and risk management top of investors’ wish lists when it comes to alternatives, step forward the H2O MultiReturns Fund. H2O Asset Management is an independent boutique backed by Natixis Global Asset Management and has a 14-year track […]
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Trump’s announcements of tariffs on steel and aluminium have led to a much greater focus on the risks posed by his presidency We have had a rollercoaster start to 2018. January saw a rapid rise in global equities before markets succumbed to a technically driven sell-off, recovered a little, and sold off again on the […]
Legal & General has appointed Mark Jones to the role of product director of UK protection, within its insurance division. Jones joins from Sun Life. He will be responsible for the developer of both retail and group protection products, and will report into the managing director for UK protection, Steve Griffiths. Griffiths says: “We are […]