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Paternosters takes on distillers’ fund

Paternoster has taken on the pension fund assets of Morrison Bowmore Distillers.

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FSA fines stockbroker £122,500

The FSA has fined Mansion House Securities Limited £122,500 for giving customers unsuitable and inaccurate advice when selling higher risk shares.The FSA reviewed 30 recommendations relating to higher risk shares, made by Mansion House between May 2006 and January 2007 and found the firm’s advisers had given customers inaccurate information and failed to highlight the […]

Transatlantic plan to monitor banking

Gordon Brown and George Bush are to set up a UK-US working group which will develop proposals to monitor and regulate the banking system.

Global equities: time to de-risk?

While equity valuations have doubled since the financial crisis, Simon Edelsten explains that there are still pockets of value. But not where you might think Macro-economic uncertainty is causing turbulence in equity markets. Artemis Global Select Fund manager Simon Edelsten says his investment themes are taking him in a different direction to some of his peers – away […]

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