NEWS IN BRIEF

Norwich Union is offering a new series of its Guaranteed Fund, which is designed to promote capital growth by investing in a range of assets. Each series runs for five years and invests in UK and international equities, bonds, property and cash. The fund also guarantees that the value on its fifth anniversary will be no less than the original payment into the fund. At launch, between 40% and 45% of the fund will be invested in equities and property; however, that figure may fluctuate depending on market conditions. Aimed at cautious investors, the fund is actively managed and is available t...