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Asset Allocation: F&C’s Potter puts focus on talented managers

For F&C Investments’ multi-manager Gary Potter betting on talented fund managers rather than focusing on pure asset allocation is how he tries to differentiate his strategy. The £1.1bn F&C MM Navigator Distribution fund, which he manages with Robert Burdett, is “heavily influenced” by the diversification between the various underlying funds that he allocates to, as […]

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Chuka Umunna withdraws from Labour leadership race

Shadow business secretary Chuka Umunna has pulled out of the race to become Labour’s new leader just three days after announcing his candidacy. Umunna was the second candidate to enter the race following Labour shadow care and older people minister Liz Kendall. Kendall remains in the race, alongside shadow international development secretary Mary Creagh, and […]

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Employer iPMI responsibilities could continue to escalate, says Jelf

New laws in Dubai will put the burden of providing international private medical insurance (iPMI) firmly on the shoulders of the employer in order to maintain the country’s leading healthcare facilities. With 10,000 UK nationals having moved to the country since 2007 and only 16.5 per cent of the total 8.2 million people living there being Emiratis, Jelf Employee Benefits believes this move was inevitable and employer responsibilities could continue to escalate in future.

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