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Wheel thing

Barclays Global Investors’ brand of exchange traded funds, iShares, is to sponsor the Zuri-Metzgete cycling event, taking place in Zurich on October 2.

The event, which has now been catchily renamed the iShares Zuri-Metzgete, has been held for 92 years. As one of the final stages of the Pro Tour circuit, the gruelling 241km race covers varied terrain snaking around the Swiss city.

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Whittaker becomes joint CIO at New Star

New Star Asset Manage- ment has promoted UK growth fund manager Stephen Whittaker to the role of joint chief investment officer, serving alongside Alan Miller. Whittaker will continue to manage the UK growth fund, which he took over from Miller in July 2002.

Trustnet in link-up to widen coverage

Trustnet Adviser, the online fund research website’s intermediary section, is teaming up with structured retail product site SRPAdviser.com to provide broader investment coverage. The structured product section will provide comparative product tables, product filter tools, factsheets, key features and prospectus downloads. Advisers can access an extensive education site, which details the advantages and disadvantages of […]

Biggest Tep deal sees TIS pay 23m

TIS Group has bought the tra- ded endowment policy assets of the BGI Endowment Fund III, a Jersey-domiciled investment trust, for 23.5m in what it says is the biggest-ever single Tep deal. The BGI Endowment Fund III shareholders last week voted to wind up the closed-ended vehicle and the endowment portfolio comprised 98 per cent […]

Trusts are the perfect solution

Until now, the Government has been merely tinkering with inheritance tax legislation. To achieve its target of boosting IHT revenue from 3bn to 10bn a year will require a massive overhaul that will mark the end of many standard estate planning methods. The implications for individuals with an estate over the 275,000 threshold are significant. […]

Generation Rent

By Denise Wond, marketing manager We’ve heard a great deal about Generation Rent in recent years but what does it actually mean for consumers and advisers and has the face of the typical renter changed? The picture is certainly more diverse than it used to be. Homeownership is at its lowest point in 30 years, […]

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