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 […]
As we hurtle towards the new year, it is worth remembering much of the so-called client-centricity discussed is, in fact, little more than process that will not determine whether you win, lose or draw. Sure, a process needs to be reliable, cost-efficient and to point the right service at the right people. But it is […]
The Association of Member Nominated Trustees and the UK Sustainable Investment Association have urged pension funds to keep an eye on whether their investment consultants’ sustainable investment advice lives up to the minimum service requirements under regulation. The AMNT and UKSIF says consultants should meet minimum requirements as soon as possible so as not to […]