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Seven Investment Management (7IM) will list 23 offshore Pictet funds on its wrap platform.

Hedge fund RAB Capital, one of the largest shareholders in Northern Rock when the bank was nationalised in February, this morning announced that its first half pre-tax profit had almost halved and assets under management had shrunk by more than $1 billion...

Only 1% of advisers say insurance bonds are always best for clients, as they increasingly consider using mutual funds instead, but offshore bonds' appeal should remain unchanged, according to a survey by Fidelity FundsNetwork.

Skandia Investment Group intends to launch three US equity funds from the Skandia Global Funds range into the UK market.

Speculation is mounting that Bob Wigley might be preparing to leave Merrill Lynch after it emerged that the veteran banker is on the shortlist to become the next chairman of Prudential, The Telegraph reports.

Stuart O'Gorman, co-manager of the Henderson Global Technology fund, says that while technology will not be immune to the current downward trend, lessons learned from the tech bubble mean the sector is in good shape going into rough times.

JPMorgan, the US banking giant that rescued Bear Stearns earlier this year, has held talks with several interested parties about forming a consortium to break up HBOS, the UK's biggest mortgage lender which includes the Halifax brand, The Telegraph ...

IFAs are using asset allocation models too heavily reliant on UK equities and could potentially be locking their clients' money into underperforming portfolios, James Davies, investment research manager at Chartwell has asserted.

The CII Group has launched a new Certificate in Life and Pensions to be added to its framework of financial services qualifications.

Ontario Teachers' Pension Plan, one of Canada's largest pension funds, admitted late last night that it had made an approach to buy moneysupermarket.com but its proposal was rejected by the price comparison site, The Times reports.