investment

Witan Investment Trust, one of the largest and oldest in the industry, is not looking to tie in any major changes to its multi-manager mandates simply because it will have three-year performance data to hand later this year.

A lack of knowledge about Exchange Traded Funds could mean advisers are missing a significant opportunity in asset allocation business, warns Barclays Global Investors.

Rathbone Investment Management has sold part of its UK private banking business to Butterfield Private Bank.

A number of investment companies have announced new appointments following New Year shake-ups.

Latest government figures on the takeup of CTF accounts have been criticised and lauded in equal measure ahead of Child Trust Fund Week commencing 15 January.

Underlying longevity and investment risks of final salary schemes could see more schemes using inflation swaps and bulk annuities to try and reduce their liabilities.

Top UK shares are down this morning putting the FTSE 100 index off by about a point to 6,197 in early trading.

The third annual joint Association of Investment Companies/IFA Promotion poll of around 200 fund managers and IFAs has found the industry looking generally positive about prospects next year, albeit with some differences.

Consumers are more concerned about interest rates than at any time since November 2004, according to the Consumer Barometer published by Lloyds TSB Corporate Markets.

The National Association of Pension Funds is to carry out a "thorough review of the Myners principles" over the next year.