View more on these topics

Thames River MM range rebranded to F&C

F&C Investments plans to brand Thames River’s multi-manager funds under the new F&C MM banner.

Gary Potter and Rob Burdett’s five multi-manager funds will see their Thames River prefix dropped and replaced with F&C MM Navigator, while the firm’s Lifestyle multi-manager suite will be rebadged as F&C MM Lifestyle.

The changes, which are still subject to regulatory, board and shareholder approval, are part of the “hibernation” of the Thames River brand that the asset manager announced last May. It includes the group’s traditional funds as well as its multi-manager products.

F&C Investments head of marketing Tracy Fennell says: “Over the coming weeks, we are changing every Thames River fund name. Some of them are just a clean swap out from Thames River to F&C but some of the changes will more accurately reflect what the funds actually do.”

When the Navigator name comes into effect, other changes will be seen. Thames River Cautious Managed’s full name will have changed to F&C MM Navigator Moderate, Thames River Balanced Managed to F&C MM Navigator Progressive and Thames River Equity Managed to F&C MM Navigator Select.

Fennell adds that the name changes, which also sees the group drop the term ‘absolute return’ from its traditional funds, represent the last stage of the hibernation process.

F&C bought Thames River in 2010 in a bid to diversify its revenue and add higher-margin funds. Speculation over the future of the Thames River brand has been rife since F&C said last May it was considering putting its fund range under a single name.

Charles Stanley Direct head of investment research Ben Yearsley says: “It is a bit of a strange one as the Thames River brand is probably better quality despite the F&C brand being better known.”



39% of interest-only borrowers have no plans to clear debt

Some 39 per cent of interest-only mortgage holders have no plan in place to clear the debt, according to market research consultancy BDRC Continental. The Mortgage Achilles report estimates there are 1.8m homes in the UK on an interest-only mortgage, accounting for around 19 per cent of all outstanding home purchase mortgages. It says there […]

Assureweb pre-tax profit falls 37% to £253k

Assureweb’s pre-tax profit has fallen 37 per cent from £402,000 in 2011 to £253,000 for the year ending 31 May 2012. Assureweb’s 2011/12 accounts reveal the quotation portal saw a 7 per cent decrease in sales from £6.1m to £5.7m. American technology firm iPipeline acquired Assureweb in May after several months of talks with shareholders […]


Bankruptcy law puts pensions under attack

The result of the Raithatha v Williamson appeal means that, as the law currently stands, pensions assets are vulnerable in that they can be targeted in bankruptcy cases


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