A virtual trade show is going live this week offering audio-visual conference presentations, an interactive expert panel and exhibitors offering financial products and services. The site, which features Norwich Union, Zurich, Standard Life, Skandia and Unum Provident, is at www.ifawebshow.com.
Nearly one in four Britons has no idea when they should start investing money in a pension while 11 per cent think it is not worth taking one out, new research shows.The biggest age groups to reject pensions were those in their 20s and 50s, with both groups representing 20 per cent of those who […]
Thursday, 10 October 2002 Type: Fund of hedge funds Aim: Growth by investing in the Tremont market neutral fund Minimum investment: Lump sum £10,000 Place of registration: Dublin Investment split: 100% in the Tremont market neutral fund Charges: Initial 4%, annual 1.9% Commission: Initial 3%, renewal 0.4% Tel: 020 72920825
More than half of IFAs are more cynical about stockmarkets now than they were before several high-profile accounting scandals rocked the industry, according to Witan Investment Trust. Its survey of 100 advisers in September found that 52 per cent are warier about markets than before scandals such as Enron and WorldCom became public. However, it […]
JPMorgan Fleming is restructuring its European equities team of 40 after former head of European equities Andrew Spencer was appointed chief investment officer of JPMorgan Funds' retail business in the US.Spencer will take up his new position in December. William Meadon, who has managed segregated funds for the European equities team over the past seven […]
The fastest growers in the Artemis Global Select Fund this year were also the largest companies, Amazon and Nike. Simon is looking to buy more like them in 2016.
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The Association of Investment Companies will not be hosting the new key information documents on its website saying to do so would be irresponsible. Since 1 January, Priips legislation has meant advisers have to publish a stand-alone, standardised KID to their client including performance scenarios, risks, and the total cost of products. However, trade bodies […]
The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]