fund

News that fund managers Tim Callaghan, Adrian Darley and Jonathan Fearon have pledged to move to Britannic Asset Management from Gartmore will be followed by an active communications process to keep IFAs up to date on when exactly they will start their...

UK Real Estate Investment Trusts will have to pay an "entry charge" worth 2% of the market value of their investment properties before they are allowed to proceed under the Reit regime set to take effect 1 January 2007, announced by HMRC today.

Property services group Knight Frank is set to announce further collective investment scheme fund-raising through the rest of 2006, which is likely to involve talking to IFAs, says Robert Hannington, chairman of Knight Frank (KF) Corporate Finance Limited....

An independent body or "investor representative" has been proposed by the FSA to act on behalf of retail investors on the esoteric issue of soft commissions in the field of retail funds.

Scottish Widows has maintained its bonus rates on the majority of with-profits policies but the market value reduction has been cut by an average 3% on the back of improved investment performance.

Berrington Fund Management says its Medical Property Fund expects to benefit from forecasts suggesting 30% of UK GPs will retire in the next five years.

Tax exemptions as the result of pensions simplification and A-Day could see the government give away £2bn to the country's wealthiest individuals, just at a time when pensions for most are under-funded, Datamonitor says.

Backing up the launch of its Cautious Total Return Fund, JPMorgan Asset Management is to run a series of adviser workshops across the country explaining what total return funds are and how they work.

Iimia subsidiary Exeter Fund Managers has been put into administration after failure to agree with the FSA on a solution to losses associated with split capital investments.

Investec Asset Mangement is merging its Dublin-domiciled business into its UK OEIC business this autumn as part of a culling process designed to increase economies of scale.