View more on these topics

SG Wealth Management launches own FOF range

SG Wealth Management is to launch its own range of discretionary investment funds in early September.

The funds will be run on a multi-manager fund of funds basis and will give investors access to asset classes including equities (both UK and overseas), fixed interest securities, property and commodities.

There will be three funds initially; balanced, managed and global which SGWM says will provide investors with the ability to invest in one or a combination of all three to match their attitude to investment risk, timescale and requirement for income or growth.

For day-to-day authorisation, compliance dealing and daily valuation, SG Wealth Management have appointed Marlborough Fund Managers as the authorised corporate director.

SG Wealth Management director Neil Shillito says: “In addition to clients having access to ‘best of breed’ fund managers, there will be a significant benefit in terms of mitigating capital gains tax and given our typical client profile, this is crucial to their overall investment and tax planning.

“We believe that the establishment of our own multi-manager funds will provide clients with administrative and tax efficiency that can only improve upon the investment management expertise we have delivered to date.”

Marlborough sales and marketing director Keith Ounsworth says: “We are delighted to work in partnership with SG Wealth Management. Marlborough now manages over £1.4 billion of assets – much of it through third party managers like SG Wealth Management – who recognise our experience, skills and excellent service in this particular field.”


BoE stats show increase in total net lending in June

Bank of England statistics show that the increase in total net lending to individuals in June – £10.4bn – was higher than the increase in May and the previous six-month average.The twelve-month growth rate was unchanged from May at 10.2 per cent. The three-month annualised growth rate fell by 0.1 percentage points to 9.2 per […]

The M&A merry-go-round continues

While I was in oblivious bliss sunbathing on the black sand beaches of Santorini, the life offices busied themselves with more M&A activity than is usual at this time of year.

New Star’s Thompson in the black

Principal’s latest fund ratings see Toby Thompson’s New Star higher income fund put on its black list of underperforming funds.Standard Life UK equity high income manager Karen Robertson makes her debut on the white list of top performers while Rathbone income manager Carl Stick slips into the middle-ranking grey list for the first time.Principal issues […]

SCIL appoints new MD

Tony Burdin has been appointed managing director of Scarborough Channel Islands Limited, effective immediately.

Inheritance tax when it is relevant

Neil Jones is Technical Support Manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. A trust can offer significant advantages when an individual is […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm