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UBS Wealth Management closes Brighton office

UBS Wealth Management has closed its Brighton office and transferred clients to London base after two investment managers left the firm.

UBS would not confirm the names of the two managers who stepped down.

A spokesperson for UBS says:“UBS Wealth Management in the UK has experienced a sustained period of growth over the past six years and our long-term strategy and growth ambitions remain unchanged. We remain committed to our UK wealth management franchise as well as the long term future of our regional offices.”


S&P announce ‘record dividend low’

Standard & Poor’s (S&P), the index provider, announced yesterday that a record low companies increased their dividend during the second quarter of 2009.Of the 7,000 publicly owned companies that report dividend information to S&Ps Dividend Record, just 233 increased their dividend payment during the quarter. This represents a 48.8% drop from the 455 issues that […]

Direct channels and signature tunes

What do you think about life offices creating direct salesforces or distributing via alternative channels when they have previously distributed exclusively via the IFA market?


Neptune video: UK economy: a sustainable recovery?

After years of a slowly brewing economic recovery, the UK has seen a strong rise in growth in recent months. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses the strength of this recovery and whether it is sustainable.

In the video, Martin addresses the following:

• Structural features supporting the UK economy
• UK mid-caps and the potential for M&A activity
• Valuations and opportunities in house builders


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