View more on these topics

Technology Fund offer extended

Close Brothers Investment will extend the offer on its First Close Technology Fund due to the positive reception it has received so far.

In the three weeks since the fund&#39s launch, the company says it has attracted £4m in investments. The offer will be extended until June 30 in a bid to raise £10m to invest in unquoted high-growth companies.

Close Brothers managing director Craig Reader says: “Our approach is to invest in potentially high growth companies in a variety of sectors, at an early, pre IPO stage of their development which is likely to maximise financial returns.”


Pru to float in New York

Standard Life says a new poll shows support for demutualisation has fallen from 32 per cent to only 18 per cent. The poll is the latest move by the life office to combat the campaign by carpetbaggers to force it to convert. The MORI poll was conducted nationwide with a random sample of 500 voting […]

Don&#39t be burnt at stakeholder

It will be a criminal offence for any employer with more than fiveemployees not to have some form of pension provision in force for mostoftheir workforce before autumn next year.Those entitled to join a stakeholder scheme include anybody who has workedfor the employer for more than six months, earns over the lower earningslimit for National […]

IFA National creates holding company

IFA National Inter-Alliance has created a holding company which will act as the umbrella group for its interests in the UK and internationally. Up until now, Inter-Alliance has been both the parent company and the IFA firm. The move is an attempt to clear up the internal operations of the company. The holding company, Inter-Alliance […]

IFAs&#39 mutual friends

Investec Guinness Flight&#39s Asia New Economy Fund is aiming for growth byinvesting in Asian companies involved in technology and the internet.The panel agree that the investment strategy is good. Fairhall says: “Itis a good strategy that combines companies presently benefiting from thenew economy and those with future potential.”Martin says: “It is good to see a […]


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