Standard & Poor’s Fund Services is to start awarding ratings to brand new fund launches. This will enable the firm to provide analysis of funds not covered by qualitative-based data firms, which rank funds solely on past performance.
Edward Collins has been appointed to manage the equity portion of the New Star Tri-Star unit trust.He will initially co-manage the fund with existing manager Stephen Wittaker and will assume full responsibility by the end of 2007.Collins previously worked as lead manager of the New Star UK dynamic fund, a sub-fund of the New Star […]
Bramdean Asset Management chief executive Nicola Horlick is thought to be launching a fund of alternative investment funds in June.Sources say the fund, which is subject to regulatory approval, will invest across asset classes including private equity, hedge funds and specialist offerings such as infrastructure.It is thought the Bramdean alternatives limited fund will list on […]
The latest figures from the Department for Work and Pensions illustrate that sickness absence is still a major cost to businesses, with an annual bill for sick pay and associated costs to employers of £9bn. This paper from Jelf Employee Benefits looks at the importance of recording sickness absence for any employee health strategy and how this can be carried out in an efficient manner to reduce absence, improve employee engagement and drive up profits.
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]
This summer saw the S&P 500 rule headlines for enjoying the longest-running bull market in history. Yet, as per the old adage, what goes up inevitably comes down, and it is the job of advisers to manage clients’ portfolios accordingly – either directly or via the third-party investment services they use. A crude assumption might […]
There is currently no minimum qualification level, but the majority of advisers think this needs to change The role of the paraplanner is a relatively new one and its definition and responsibilities can differ hugely between firms. According to the Chartered Institute for Securities and Investment, the role can be broken down into four key […]