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Two-thirds of offices aim to boost marketing

Nearly two-thirds of life offices are worried about the level of demand for their products in the coming year, with a record proportion looking to boost marketing spend. According to a quarterly poll carried out by the CBI and Coopers & Lybrand at the end of last year, 63 per cent of insurers are concerned that demand is likely to limit their business prospects this year.

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Virgin ad makes an empty claim

IFA Towry Law has accused Virgin Direct of misleading investors with its latest ad cam- paign for its Growth Pep. The ad carries a list of all the rival Peps which have outperformed Virgin&#39s Growth Pep in all three years since Virgin launched in 1995. The list from one to 99 is empty. “Well you […]

Hill Samuel offers low-cost Pep in bid to cut investment trusts&#39 NAV discount

Hill Samuel Asset Management is strengthening its investment-trust range with a low-cost Pep which invests in three investment trusts. The Pep covers the Hill Samuel UK Emerging Companies, German Smaller Companies and Lloyds Smaller Companies investment trusts. The move is partly an attempt to reduce the discount to net asset value on the trusts – […]

Reforming India: just the beginning

By Kunal Desai, Neptune India Fund

As global investors continue to scour emerging markets through the lens of reform potential, India shines bright. Indeed, we think it can sparkle even brighter. We anticipate India’s self-imposed 10-year ‘policy holiday’ to turn into one of the most pro-growth and pro-investment policy calendars seen in Asia in years. The Indian electorate has engineered a historic verdict. We now have the strongest Indian government since 1984, with the pro-market Bharatiya Janata Party (BJP) achieving an absolute majority for the first time in the party’s history.

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