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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AJ Bell has launched an active version of its managed portfolio service. The six-strong fund range, which will only be available through the platform, will mirror the existing passive funds but invest actively through a set of 15 underlying funds for each portfolio. The range will charge 0.15 per cent plus VAT, in line with the […]
HSBC Global Asset Management has grown its funds under management by 13.4 per cent year on year as the largest European bank doubles its pre-tax profit for the period. In its full year results published today, the lender reported total group funds under management of $943bn (£675.6bn) at 31 Dec 2017, up from $831bn in […]
Former pensions ministers Ros Altmann and Steve Webb have urged the Government to make sure pension savers are adequately protected under new plans to reclaim “dormant assets” for charities. Earlier this month the Government announced plans to widen a scheme to release assets in bank and building society accounts untouched for 15 years and put […]