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Newton renames Absolute fund

Newton Investment Management is to change the name of its absolute return fund. Absolute Intrepid will become the Real Return fund on June 30. The group says the new name better reflects the funds objective, of achieving real rates of return from predominantly British holdings. The fund is managed by Iain Stewart using Newtons global thematic framework.



Can guided sales hit target?

The theme of the Association of British Insurers’ biennial conference on June 9 is Today’s Challenges, Tomorrow’s Opportunities, which fits perfectly with the debate over reform of financial advice.

Banks could be forced to pay for bailouts

Banks could be forced to fund their own capital of last resort insurance scheme to protect taxpayers from future bank bailouts.Speaking at the Bank of Japan International Conference in Tokyo, Bank of England deputy governor Paul Tucker said: “It might be conceivable to establish a regime where the eventual cost of any bailout would be […]


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