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Wynne-Jones in move to Investec

Investec has appointed Mark Wynne-Jones from UBS Wealth Management to join its UK contrarian team, reporting to Alastair Mundy. Wynne-Jones was director of wealth management research at UBS and was previously a fund manager at Cavendish Asset Management.

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Keydata Bond sells 4m in 3 days.

Keydatas secure income bond sold 4m in its first 3 days of launch last week, the highest uptake of any product launched by the provider. The bond aims to pay 7.5 per cent annual income over a five year term without relying on equities. It invests instead in a mix of cash and corporate protection […]

Aifa warning of Mifid chaos

The European Union’s controversial markets in financial instruments directive could cause major confusion in the investment advice market and bog IFAs down in yet more costly regulation, warns Aifa deputy director general Fay Goddard.Aifa says IFAs holding client money, up to 10 per cent of IFAs, are expected to be hit by major changes when […]

IN Partnership setting sights on doubling staff by 2008

IN Partnership celebrates its fifth anniversary this year and says it will double in size by 2008. Group chief executive Kevin McDonagh, group chairman Stanley Lovell and group commercial and legal director Julian Cole set up the Horsham-based network on July 1, 2000 under the Inland Revenue Enterprise Incentive Scheme. The network has its own […]

IoM sees 41.5% growth in managed funds

The Isle of Man sees increases in funds under management and banking deposits in the last year.The IoM Financial Supervision Commission reveals the island has seen 41.5 per cent increase in the net asset value of funds under management of collective investment schemes in the year to March 31, 2005.There is a 17 per cent […]

UK gilts: Shaken and stirred

Mike Riddell, fixed income portfolio manager at Allianz Global Investors, reviews the performance of the UK government bonds market post-Brexit and assesses its future prospects, as well as giving his outlook for global fixed income markets and yields movements. In addition, he provides a brief analysis of the impact of Brexit and the Bank of […]

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