Hermes Fund Managers announced today the appointment of Neil Williams as chief economist for its fixed income team.Williams’ role will be to provide analysis of key economic issues for the fixed interest and index-linked bond portfolios.Prior to joining Hermes, Williams worked as head of sovereign research/strategy at Mizuho International, and as global head of emerging […]
Coventry building society has revealed pre-tax profits of £36.2m fuelled by huge growth in its mortgage market share.
Vanguard Investments UK has brought a range of 11 low-cost tracker funds to the UK market.
Invesco Perpetual has increased the dividend of its high income fund by 4 per cent.
We believe the most exciting stockmarket opportunities today are in those places where a new generation of leaders are successfully transforming economies and companies in favour of investors. In a new investment guide and website, which is suitable for use with your clients, we set out our views on these reformers. Click here to find […]
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As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]