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Vantage becomes biggest direct wrap

The Hargreaves Lansdown Vantage wrap account has reached 7.6bn of assets under management making it the UK’s biggest direct-to-consumer wrap account.

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Emerging concerns

In terms of growth potential, Western economies have been outpaced easily in recent years by countries such as Brazil, Russia, India and China. In these emerging markets, low wages and the ample supply of labour have attracted production and service activities from abroad. Strong global demand for often essential commodities from these emerging markets has […]

Sumus chooses Defaqto’s product search tool

Sumus has announced that it will offer Defaqto’s Aequos Engage product search and selection tool to its members.The system will fully integrate with Sumus’ front office, providing portal suppliers and affiliated businesses with a seamless business process.Defaqto national accounts manager Roger Perry says, “We are naturally very pleased to be selected as one of Sumus’ […]

Fourth year of rises for pension funds

The average UK pension fund return was 8.8 per cent in 2006 marking the fourth consecutive year of positive returns.Over the past four years, pension funds have achieved an estimated weighted average return of 13.4 per cent a year, 12.5 per cent over the past three years and 7.6 per cent over five years, according […]

Industry warns Government initiatives are failing savers

There is continuing concern the Government’s economic and fiscal polices are deterring people from saving, according to the ABI’s latest survey of senior executives.The quarterly ABI/Populus survey of the insurance industry found 37 per cent of executives believed Government policy initiatives were having a negative effect on the personal savings market and only 8 per […]

Mark Page: “A good time to be a European fund manager”

With European markets picking up in early 2015, Mark Page, Artemis European Opportunities Fund manager, discusses the ‘macro’ drivers and whether the improvements are sustainable. Largely driven by economic stimulus by the European Central Bank, European stockmarkets have performed strongly so far in 2015. Mark discusses the relative merits and sustainability of ECB policy with […]

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