View more on these topics

The Daley Update

Schroders has appointed Lucy Colback as the new manager of its global emerging markets fund as the first step in an overhaul. Colback, who takes over from Giles Neville, will restructure the fund under a more aggressive mandate, first trimming the number of stocks from 150 to 130.

Britannic Asset Manage-ment is to change the name of its gilt and fixed-interest fund to the Britannic corporate bond fund from Sep-tember 24. Britannic says the name change is cosmetic and will not affect the fund management. It says the old name gave the false impression the fund had a heavy holding in gilts.

Skandia is to link to four Royal & Sun Alliance funds and three Liontrust funds from October 1. RSA&#39s UK prime, UK equity, extra income bond and maximum income bond, along with Liontrust&#39s first growth, first large cap and intellectual capital funds will all be available on Skandia&#39s MultiPep, MultiIsa and MultiFunds sites. Threadneedle money and M&G&#39s high interest will also be added to the service, while Lazard UK smaller and UK income funds will both be added to the Skandia life and pension range.

Close technology & general VCT is to reopen next month in a bid to raise an extra £1.4m. The fund, which raised £14m at launch this spring, will now open from October 5 to November 2. Close says it is also planning new VCT launches for later this year.


Investors turn to VCTs

The early stage venture capital market is thriving with investment from high-net-worth clients, according to a new report from VentureQuest.The 272-page report published last week reveals that many high-net-worth individuals have been turning to the venture capital sector to seek better returns at a time when conventional equity markets have been relatively stagnant.Investment in third-generation […]

Smee says IFAs must encourage youth

At this week&#39s Institute of Financial Planning conference at Warwick University the message on how important education and technology are to IFAs was drummed home to members.In a question time session Aifa director general Paul Smee criticised IFAs for their reluctance to recruit and train graduates and encourage young, educated people to join the profession.In […]

ICA conference to coincide with N2

The Institute of Chartered Accountants annual conference is being held on November 6 to coincide with the introduction of N2 from the end of that month.The Institute says the conference in London is aptly timed in the run up to one of the biggest events in the financial services calendar when the FSA becomes its […]

Professionals will be looking to IFAs for LTC planning

IFAs stand to be the principal source of advice for investors looking to fund their long-term care costs, according to research from PPP Lifetime Care.More than two-thirds of professional and managerial adults believe they will have to pay for their own long-term care and 25 per cent plan to seek out independent advice, says the […]


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