Here is our weekly round-up of articles your clients may have read in the national newspapers over the weekend...
A recent spate of bond sell-offs has prompted a number of industry figures to warn investors that liquidity issues resulting from future market corrections may leave their investments stranded, according to the Sunday Times. The report also indicates that property funds may find themselves coming under similar pressures, resulting in similar outcomes for investors. Read more here.
Many savers may now be in a position to rediscover forgotten ‘zombie' pensions pots, reports the Telegraph. Savers in this position are advised to consider the advantages of switching out these old plans to a newer one, especially in the case of ‘zombie' life insurers which have since closed to new business and have no more incentive to chase competitive returns. Read more here.
Government plans to privatise the Post Office has led to a flurry of speculation on the details of the as yet unconfirmed initial public offering (IPO). Early estimates place the value of the Post Office at anywhere up to £3bn, but the Independent asks whether it is too soon for private investors to be tempted to snap up shares when they become available. Read more here.
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The Mail on Sunday shines a spotlight on JO Hambro Capital Management's UK Dynamic fund, which has doubled in size since March. Fund manager Alex Savvides is described as one of the UK's up and coming managers leading to the paper to analyse the fund's status and speculate on the growing consumer interest that is starting to surround it. Read more here.
Leeds building society launched the Welcome mortgage last week; a three or five year fixed rate product that offers borrowers an initial interest rate of 0%. The Guardian asks whether this latest development in the mortgage market represents good news for new borrowers or whether this is a cause for concern and one that points to an overheating property market. Read more here.
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