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Pivotal adds consultancy for IFAs

Pivotal, the multi-manager platform launched in March 2003, has announced the launch of its second phase, a business consultancy aimed at UK IFAs.

The company which is backed by the National Australia Bank and headed up by former Scottish Amicable group sales director John Cowan, says the consultancy will aim to help IFAs looking to develop their businesses to keep pace with changes to UK distribution.


Ireland in danger of asset price bubble warns iimia

There are signs of an asset price bubble in Ireland, triggered by negative real interest rates, according to fund manager iimia.Chief investment officer Nick Greenwood — manager of iimia&#39s accelerated fund of investment trusts — says the bubble is one of the core themes he has identified recently.He says: “As Irish interest rates cannot be […]

Henderson and Artemis back Inter-Alliance share issue

Fund firms Artemis and Henderson have joined HBOS in heading a group of institutional investors placing £15m in a new share issue from national IFA Inter-Alliance.Henderson is placing £2.6m for a 14 per cent stake in the firm while HBOS and Artemis are both paying £1.5m for 8 per cent stakes, with the remaining £9.4m […]

Britannic appoints UK manager

Britannic Asset Management has appointed Finlay MacDonald as investment manager on its UK desk.Finlay, who has 13 years&#39 experience as a fund manager, joins from Glasgow Investment Managers, where he was involved in stock selection, asset allocation and economic assessment.UK investment director Kevin Fenelon says: “Finlay has impressed us with his wealth of investment management […]

October to January is best time to buy stocks

October through to January is the best period to invest in the stockmarket, according to research by Hargreaves Lansdown.HL has taken the total return of the FTSE All Share index in every month of each year from the start of 1970 – when Lipper began monitoring the index – to July 30, 2003.Each of the […]


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