PSigma Investment Management has appointed Seton Craven as investment director and Lisa Davies from investment manager.Craven joins from HSBC Investments and has more than 22 years of industry experience. Davies also joins from HSBC.PSigma now has an team of 13 investment managers.PSigmas Investment Management managing director John Howard-Smith says: Seton and Lisa were attracted to […]
ProVen growth and income VCT manager Beringea is aiming to raise 25m through a “C” share offer. The VCT aims to return at least 25p per 1 invested within 3.5 years of the offer closing, through a combination of tax-free dividends and a tender offer. This is intended to reduce the net cost of each […]
SG Hambros has continued its sponsorship of European Touring Car Championship winner and all-round speed freak Andy Priaulx pictured above in London’s Chinatown. The company has extended the Channel Islander’s contract until 2007. Priaulx recently won back the title, pipping rival Dirk Muller to the top spot.
Work and Pensions Secretary John Hutton has responded to the Turner Report, welcoming the broad framework of the proposals and emphasising the Government has ruled nothing out.Hutton told the House of Commons future Government policy will depend on meeting five key tests: personal responsibility, fairness, affordability, simplicity and sustainability.He committed the Government to producing a […]
Indian equities have officially re-entered a bull market, with the benchmark index climbing to a 11-month high. Better-than-expected data on US jobs and a brightened outlook for global growth have contributed to the market’s strong returns, but domestic drivers have also played a big part in the recent rally. Kunal Desai, Manager of the Neptune […]
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]
This summer saw the S&P 500 rule headlines for enjoying the longest-running bull market in history. Yet, as per the old adage, what goes up inevitably comes down, and it is the job of advisers to manage clients’ portfolios accordingly – either directly or via the third-party investment services they use. A crude assumption might […]
There is currently no minimum qualification level, but the majority of advisers think this needs to change The role of the paraplanner is a relatively new one and its definition and responsibilities can differ hugely between firms. According to the Chartered Institute for Securities and Investment, the role can be broken down into four key […]