National pensions praised

Five years ago, heading into the week of 29 January, Capel Cure Myers was setting up an IFA service to help boost its business levels. The investment house, which had £4.5bn in assets under management, was sourcing 40% of its business from IFAs but was looking to boost that to 75% over 1997 and 1998. Henderson TR had obtained the management contract to run River & Mercantile's American Trust. The change on the £24.2m portfolio followed an earlier announcement that Jupiter was to operate the River & Mercantile Extra Income trust. River & Mercantile was winding down its investment trust arm ...