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News

Emerging Markets

IFAs get priority access to half of Bolton China trust

Advisers and wealth managers will have access to half of the initial £630m capital raising for Anthony Bolton's Fidelity China Special Situations investment trust.

clock 11 February 2010 •

Protection

Resolution eyes more acquisitions as Friends sales drop 13%

Clive Cowdery's insurance investment vehicle Resolution is expected to soon unveil plans for a further acquisition in the UK life space after Friends Provident reported a 13% drop in 2009 sales.

clock 11 February 2010 •

Regulation

Boiler room scammer jailed over £1.5m fraud

A UK collaborator in a £1.5m Spain-based boiler room operation has been jailed for 33 months.

clock 11 February 2010 •

Regulation

Advisers' NY wish? Change of regulator

Financial advisers overwhelmingly voted a change of regulator would be the best thing the New Year could bring to improve their working life.

clock 10 February 2010 •

Your profession

Cheeky advisers back Goodwin for Sants role

Less than two days after the resignation of FSA chief executive Hector Sants, advisers have been keen to outline who they think should replace him.

clock 10 February 2010 •

Economics / Markets

Recession over but 'depression' to last until 2013 - NIESR

A key estimate of UK GDP suggests output increased in the three months ending in January, but indications of a more substantial recovery are still wide of the mark, according to the National Institute of Economic and Social Research (NIESR).

clock 10 February 2010 •

ETFs

Towers Watson recommends shift to fundamental indices

Towers Watson has started recommending its clients invest up to half of their passive assets in fundamental indices.

clock 10 February 2010 •

Wrap/platforms

Aviva drops initial charges on wrap

Aviva is removing initial charges from its newly-reopened wrap proposition from 15 February to the end of the year.

clock 10 February 2010 •

Investment

Property fastest grower on Cofunds in January

The Cautious Managed sector held on to its dominant sales position on Cofunds for January, but property continued to be the fastest-growing sector.

clock 10 February 2010 •

ETFs

Chinese sovereign wealth fund uses ETFs for diverse exposure

China Investment Corporation, the Chinese sovereign wealth fund, is using ETFs to gain exposure to a diverse range of asset classes, according to a filing with the US Securities and Exchange Commission.

clock 10 February 2010 •
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