View more on these topics

Threadneedle yielding bond trio

Threadneedle is losing three of the five members of its high-yield bond team.

Steve Harrison, Duncan Farley and Stephen Wingate are to leave this summer, having been recruited by an unnamed hedge fund manager.

The team manage Threadneedle’s 268m high-yield bond, 424m strat- egic bond and 122m Euro- pean high-yield bond funds.

The departures follow last week’s replacement of Darrell O’Dea with Phil Cliff as head of Thread- needle’s European select growth fund and the spate of moves has prompted analysts to question whether all is well at the investment firm.

Hargreaves Lansdown investment manager Ben Yearsley says: “It is a bit of a blow to Threadneedle. Their equity performance has not exactly been shooting the lights out over the last two years, but one of the things that has done well for them is the sale of high-yield bonds. To lose three to their stronger-performing team presents problems.”


Scottish Life issues mini-pension guide

Scottish Life has produced a credit card sized leaflet summarising the essential facts on A day for advisers.The guide covers the 10 main areas in pensions legislation facing change at A day, including the statutory lifetime allowance, retirement and death benefits, protection and retirement annuity contracts.The leaflet, which is free, can be ordered through Scottish […]

Rental health

Increasing professionalism in the buy-to-let market supp- orts lenders offering rental calculations using low payment rates, says Pink Home Loans associate director Dev Malle

Three quarters of Britons are financially out of control, says IFAP

Just one in four British adults are in charge of their finances, and women are the worst culprits, according to a recent study by IFA Promotion.Only 25 per cent of adults made a budget and stuck to it, while 31 per cent say they tried to budget but failed. Even fewer 14 per cent – […]


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