Advisers and product providers believe that Keydata being placed into administration should not create a repeat of the Lehman Brothers’ structured product debacle as assets are likely to be ringfenced.
Investec Asset Management has merged three offshore bond mandates into its Luxembourg-domiciled Global Strategy Fund (GSF) Investment Grade Corporate Bond fund. The assets of the GSF US Dollar, European and Sterling Bond funds were all merged into the groups offshore investment grade corporate bond mandate, which according to Investec is one of just 11 Luxembourg […]
Legal & General Mortgage Club will now offer commercial loans to both appointed representatives of its network and to directly authorised brokers.
Jupiter is to launch a Japan select Sicav for Simon Somerville in early July.
A month after taking over the Artemis UK Select Fund, Ed Legget explains a (subtle) change in style; and gives his outlook for 2016.
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Another investment manager offering enterprise investment schemes has alerted clients of a 10 per cent drop in value for one of its portfolios following new Mifid rules. Mifid II, which came into force on 3 January, requires firms to notify clients when the overall value of their portfolio, relative to its value at the beginning of each reporting […]
The recent enquiry by the work and pensions select committee has reignited the debate about the future of collective defined contribution schemes. Whether these sort of schemes can be incorporated into the current UK pensions landscape is a moot point. Let’s consider some of the arguments for and against CDC. First of all, it is […]
Retirement interest-only mortgages are set to become more popular following the FCA removing hurdles to selling them. The regulator sees RIO mortgages as a possible aid to the waves of maturing interest-only loans with no repayment strategy. However, the FCA also wants RIO mortgages to be sold more widely, for example as an additional option […]