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Scottish Mutual sponsors Scottish rugby autumn tour

Scottish Mutual has teamed up with the Scottish Rugby Union in a six-figure deal to sponsor the autumn tests, which kick of next month with matches against Tonga, Canada and New Zealand.

The sponsorship deal, which will run until 2004, includes pitch, scoreboard and ticket branding as well as VIP hospitality opportunities.

Every child who attends a Scottish Mutual autumn test match will be invited to try rugby at their local club.


&#39Flawed and risky&#39 zeros are slated in Merrill report

The reputation of split-cap investment trusts as low-risk investments has been thrown into doubt this week following publication of a report by Merrill Lynch.The report claims that zerodividend preference shares are massively mispriced and their risks are not understood.It says the way zeros have traditionally been assessed is flawed and it is impossible to value […]

Close Business Centre Capital eyes up property

Close Business Centre Capital, a division of Close Brothers Investment, has kicked off with its first product, the Fareham fund.Fareham is a unit trust that will invest in a commercial property and is aimed at investors who are looking for income over the medium to long term. This can include people approaching retirement and owners […]

NU innovates under Morley fund brand

Norwich Union Investment Funds is to concentrate its asset management operations under the Morley brand in a move which will distance the fund manager from its traditional focus on Catmark funds.In the first phase of the restructure, NU is set to launch two new Focus funds under the Morley name, with further specialist theme funds […]

The Daley Update

New Star Asset Management is to launch its third retail Oeic on October 22. The UK Aggressive fund will be managed by Tim Steer and will invest in a portfolio of 35-40 UK equities. The fund has an initial charge of 5.25 per cent, reduced to 4.25 per cent until November 9. Annual charge is […]


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