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Portman Building Society launches stepped rate bond

The Portman Building Society is offering a new 4-year step up bond offering up to 8 per cent.

The bond pays five per cent gross in year one, 5.5 per cent gross in year two, 6 per cent in year three and 8 per cent in year four.

The investment limits are from £500 to £50,000.


Mercury voted top fund manager

Mercury Asset Management has been voted Europe&#39s number one fund manager in the 1999 Primark Extel Survey.The survey polled the Eurotop index&#39s top 300 companies.This follows a recent Reuters Survey of the UK Larger Companies which elected Mercury as the &#39Best Fund Management Group&#39.MAM co-head Carol Galley says: &#34Our unrivalled ability to understand the companies […]

Premier Fund Manager publishes shareholder Perks guide

Premier Fund Managers has published its fourth annual Shareholder Perks Guide looking at how companies reward their shareholders.The guide gives a brief summary of what type of perk an investor can expect if any, from investing in a certain company.Among those perks listed is a 10 per cent discount for Airtours shareholders on holidays booked […]

Mortgage pressure group calls for repossessions to be stopped

A mortgage pressure group is writing to the Lord Chancellor calling him to halt mortgage repossessions by sub-prime lenders Ocwen.The National Association of Mortgage Victims says the borrowers were miss-sold loans by the now defunct City Mortgage Corporation, which was taken over by Owcen.The association claims Ocwen are unlawfully repossessing homes to minimise their losses […]

Intrinsic Value Partnership luanches new investment trust

Intrinsic Value Partnership has launched a new investment trust specialising in smaller quoted and unquoted company stocks.The Intrinsic Value Trust aims to achieve a return greater than the FTSE All-Share index over the long term.It will be managed by Belgo Group non-executive chairman Luke Johnson and Mark Horrocks, a former fund manager at Guardian Asset […]


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