Skandia Investment Management has invested over £20m into the New Star equity income fund following the recent appointment of Stephen Whittaker as manager. Whittaker is also a manager within Skandia’s UK and global best ideas funds.
Why the Government is encouraging a dependency culture in the UK.
The Financial Services Authority today confirmed the second stage of its review of the effectiveness of its mortgage regime will focus on sub-prime and lifetime mortgages where the risk of consumer detriment may be high.
Guy Anker looks at the latest changes to home information packs.
Rooftop Mortgages is extending its right-to-buy product range to 90 per cent loan to value through its packagers.The firm says the decision came after feedback from its slim-downed packager panel, which was trimmed from 120 to about 60.The extension of the product range is supported by the existing RTB criteria, including the acceptance of flats […]
Capital Market Notes, December 2016 David Lafferty, Chief Market Strategist at Natixis Global Asset Management, discusses the outcome of the Italian Referendum. Read the full article here
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Royal Bank of Scotland has joined rivals like HSBC in launching an automated investment advice service for more than five million customers. The bank claims to be the first bank in the UK to launch a “fully regulated” robo-advice service, which will be under its NatWest brand. The service, live from Monday, is targeted at […]
There is nearly £8.5bn in “drifted” legacy UK equity income funds that have underperformed against the sector over the past decade, research has found. As the fund management industry awaits Mifid II next year, Morningstar has analysed the competitive UK Equity Income sector on behalf of Money Marketing and found about 10 per cent of the sector’s […]
Old Mutual Global Investors has appointed Freddie Woolfe head of responsible investment and stewardship, reporting into chief executive Richard Buxton. Woolfe joins from Newton Investment Management, where he was a responsible investment analyst primarily covering the healthcare and technology, media and telecommunications sectors. Previously he held roles at Hermes Equity Ownership Services and HSBC. Woolfe will […]