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The Daley Update

uChase Fleming Asset Management is offering a 2 per cent discount for investments of £5,000 or more into its premier equity growth fund until the end of the tax year. The discount reduces the initial charge to 3.5 per cent. A 1 per cent discount is offered on sums between £3,000 and £4,999. Lincoln Unit Trust Managers is offering discounts on lump-sum investments into its unit trust range until the end of April. Investors will get a 3 per cent discount in February, a 2 per cent discount in March and a 1 per cent discount in April. Initial charges on all funds is 5.25 per cent except the corporate bond, which charges of 5 per cent. Minimum lump-sum investment on all funds is £500. Commission is 3 per cent initial and 0.5 per cent trail.uOld Mutual Asset Managers has appointed Alan Porter as fund manager on its European equities desk. Porter joins on March 12 from Schroders Salomon Smith Barney.uWitan Investment Trust is waiving its 1 per cent dealing cost for all Isa investments into the fund until April 30. Investors will pay just 0.5 per cent stamp duty. Commission is up to 3 per cent initial and up to 0.5 per cent trail.

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