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News

Mortgages

FSA must not axe procuration fees - AMI

The AMI says procuration fees must remain a remuneration option when the FSA sets its final rules for the mortgage market next month.

clock 11 February 2010 •

Hedge Funds

Future Capital Partners offers renewable fuel deal

Future Capital Partners (FCP), the £6 billion alternative investment boutique, has struictured a private equity deal that will allow UK investors to engage in the rapidly growing Renewable Transport Fuels (RTF) sector for the first time.

clock 11 February 2010 •

Offshore Investment

Dublin moves to attract investment firms with new law

Dublin has moved to boost its attraction for investment management firms through a number of measures contained in the Irish Finance Bill published last week, according to consultants Deloitte.

clock 11 February 2010 •

Economics / Markets

EU leaders agree to Greece bailout

European leaders have reached an agreement to bailout Greece, which is suffering from a huge debt crisis.

clock 11 February 2010 •

Managed solutions

Record fund of funds sales of £3.9bn in 2009 - IMA

Net retail fund of funds sales totaled £3.9bn last year, almost four times the 2008 figure and the highest ever recorded.

clock 11 February 2010 •

Mortgages

Repossessions reach 14-year high

Repossessions hit their highest level for 14 years to reach 46,000 in 2009, according to figures from the Council of Mortgage Lenders (CML).

clock 11 February 2010 •

Economics / Markets

Morning Markets: FTSE soars ahead of Greek debt decision

London trading got off to a strong start Thursday, following positive results for Rio Tinto and rumours Aviva could be the target of a buyout bid.

clock 11 February 2010 •

Your profession

Britain's Greece bail-out fears - papers

Britain could be forced to help bail-out some of Europe's crisis-hit economies with tens of billions of pounds, it is feared.

clock 11 February 2010 •

Structured Products

IFA develops divorce offering but turns back on structured products

IFA Brunning Newman Houghton (BNH) has expanded into offering fee-based advice in divorce disputes known as collaborative law.

clock 11 February 2010 •

Investment

Ex-Cazenove trader stands trial for insider dealing - papers

A former partner at Cazenove, the Queen's stockbroker, who is due to stand trial on insider-dealing charges next week appeared in court for a pre-trial hearing yesterday.

clock 11 February 2010 •
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