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PSigma set to tap into European income

PSigma is to launch a European income fund under the management 2CG founders Charles Glasse and Chris Garsten.

The fund is set for an autumn launch, subject to regulatory approval, and will be managed on a sub-advisory basis by the European equity boutique, which was launched back in 2000.

Glasse is well-known to the industry, having previously headed up the M&G continental Europe team and managing the £400m M&G European dividend fund for over ten years.

Garsten managed the Credit Suisse Netherlands fund from its inception in 1992. He also specialised in Germany and Switzerland


Thinc buys Kent adviser to extend regional reach

Thinc Group has bought Maidstone IFA Cameron Scott in a move aimed at bolstering its presence in the South-east.Cameron Scott’s 18 advisers will continue to work out of their current offices as part of Thinc’s drive to open more regional offices.Chief executive John Simmonds says the acquisition also reflects its developing group strategy of attracting […]

NU in protection distribution deal with the Post Office

Norwich Union has announced a major distribution deal with Post Office Financial Services which will make Post Office branded NU protection products available for its customers.The first product to launch will be a 50 plus life insurance plan. A further life insurance plan will be available later in the year.Products will be available to purchase […]

‘RDR should be more radical’

The retail distribution review should be more radical and aggressive, says Beachcroft Regulatory Consulting managing director Richard Hobbs.Speaking at a panel debate at Osney Media’s financial services distribution summit in London last week, Hobbs said public policy has not created a framework in which advisers can make money and the RDR presupposes that industry practitioners […]


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