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No further move on Miras

The Government decided to leave Miras alone, to most of the mortgage industry&#39s relief. Miras is due to fall by 5 per cent to 10 per cent in April after last year&#39s Budget changes. Many feared it would be scrapped altogether.

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LGIM bullish on property

Investing in property will deliver strong returns in 1998, according to Legal & General Investment Management. LGIM forecasts that returns on property should hit around 16 per cent this year. Managing director (property) Stuart Beavor claims that rental income grew by 5.6 per cent last year compared with just 1 per cent in 1996. He […]

JIM GILCHRIST

Jim Gilchrist is famous for his red Bentley. Two years ago, he got his hands on the “gentleman&#39s drive”. You have to wonder if he would have achieved this long-cherished dream if he had become the dentist he set out to be. But, after looking at a career filling cavities, Gilchrist decided to reject a […]

Marshall replaces Ions at Aberdeen Prolific

Gary Marshall has been named sales and marketing director at Aberdeen Prolific, replacing John Ions who has left to join Société Générale Asset Management.

JO Hambro to set up branded IFA group

Private-client fund manager JO Hambro is bidding to launch a new IFA with the aim of grabbing 10-20 per cent of the market over the next five years. JO Hambro, which has £900m under management, is looking to recruit up to 95 IFAs for its new company, called JO Hambro Financial Brands. It needs to […]

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