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Schroder Venture International Investment Trust announces interim results

Schroder Venture International Investment Trust has announced a 33.8 per cent increase in net asset value in its six months interim results.

The trust, which specialises in investments into Continental management buyouts, had a net asset value of 287.7p on 31 December 1998.

The trust&#39s principal holding Charles Vogele, a Swiss clothing retailer, increased its valuation to £81m from £11.3m.


Private Label warns on future of remortgages

Remortgage opportunities for IFAs could disappear if the UK base rate falls to continental levels, according to mortgage packager Private Label.Private Label chief executive Stephen Knight is predicting that the UK could become similar to the &#39bland Euro-Style mortgage market&#39.He says: &#34IFAs who advise customers to take a higher fixed rate or capped rate now […]

IFAA and Institute of Financial Planning appoint head of education

The IFA Association/ Institute of Financial Planning alliance has appointed Mike Leming as head of education. Leming is charged with promoting professional standards and qualifications in the IFA sector. He will focus on raising awareness of the IFP&#39s Certificate of Financial Planning. The former IFAA technical manager will also be responsible for increasing the membership […]


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