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Orbitex announces fund return for 2000

The Orbitex Exempt Balance Fund made a positive return of 0.9 per cent in 2000, and gained a ranking of 4th out of 67 funds.

The fund saw a return of 156 per cent over the two years since the fund was launched.

Orbitex global chief executive officer for pensions Robin Geffen says: “We remain of the view that it may be appropriate to move into defensive sectors as uncertainty about global growth remains, despite the recent interest rate cut in the US.”


Inside EDGE Jim Gaskin

Over the past months, the polarisation debate has dominated my discussions with IFAs, product providers and trade bodies. The proposed amendments to the polarisation regime announced by the FSA last week, along with the looming 1 per cent world, will certainly have a dramatic im pact on the business environment we work in. But will […]

Schroders joins move to stop IFA trail rebates

Schroders is set to join the onslaught against IFAs rebating trail commission this summer with a new issue of its terms and conditions. The company is changing its admin system in June and is using the opportunity to draw up new terms and conditions, which will be sent to IFAs in May. Schroders&#39 current terms […]

Axa Sun Life bets on Europe

Axa Sun Life has introduced the European opportunities fund. The fund is an open ended investment company (Oeic) which can also be used as an Isa. Axa Sun Life has aimed the fund at existing investors who already have a low-risk portfolio, and who are looking to add a higher risk investment that gives a […]

Planet Worth

Many IFAs will need to rethink their business and marketing strategies to deliver a service designed to meet the needs of the growing number of weal thy clients. But who are these clients and what do they want? The Merrill Lynch/Gemini Consulting World Wealth Rep ort 2000 says high-net-worth individual asset wealth is exp-ec ted […]


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