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Old Mutual appoints head of retail business

Old Mutual Asset Managers has appointed Graham Kane as head of retail business.

Kane, formerly managing director of Morgan Grenfell Unit Trust Managers, will have the responsibility of developing Old Mutual&#39s retail unit trust business.


The Money Store caps and fixes for credit impaired

Specialist lender The Money Store has launched one year fixed and capped rate mortgages for the credit impaired.The loans are either fixed or capped at 6.75 per cent until August 2000 after which the rate will revert back to the three month Libor, currently 5.5 per cent, plus margins of 0.5 per cent above current […]

April rise in UK house prices

UK house prices rose by 0.2 per cent in April according to seasonally adjusted figures from the Halifax House Price Index.This is the second consecutive rise in the index following a 1.2 per cent increase in March.Halifax believes the housing market has now recovered from an unsettled winter period and is being driven by the […]

US: mid-year review and outlook

By Felix Wintle, Manager of the Neptune US Opportunities Fund H1 2014 Economic data: after last year’s strength, economic data has disappointed. Indeed, the economy contracted 2.9 per cent in the first three months of the year — the US economy’s worst performance for five years. However, rather than a symptom of underlying economic weakness or […]


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