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PFS appoints two vice-presidents

Syndaxi Financial Plan- ning director Robert Reid and Nicholls Stevens Financial Services princi- pal Carole Nicholls have been appointed vice-pres- idents of the Personal Finance Society.

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Product Matters: Riding the income tide

Can the equity income story – so long a favourite for UK investors – be transported overseas? With Jupiter in the process of launching a Japan income fund and Newton offering a proposed global income mandate, it is interesting to see Britannic’s Argonaut team lining up a European income fund. The fund is likely to […]

Worldwide outgrows the Sesame network

Worldwide Financial Planning is leaving the Sesame net- work following an eight-year relationship. The 40-strong IFA will continue using Sesame Direct services for its compliance and qualitative investment research but says it has outgrown appointed representative status. Worldwide managing dir-ector Peter McGahan says the firm will become directly authorised on January 1, 2006. McGahan says […]

Fidelity splits its special sits

Fidelity’s decision to split Anthony Bolton’s giant special situations fund into two funds with a UK and wider European remit has raised concerns from advisers. Star manager Bolton will eventually manage only one of the funds and Chelsea Financial Services managing director Darius McDermott says that he expects money to flow from the non-Bolton fund […]

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