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News

With Profits

Pru sales down 6% but strong showing for with-profits bonds

Prudential UK's total sales (APE) in the first quarter of 2009 were £180m, down 6% on the same period in 2008, in the face of 'extremely difficult and volatile market conditions'.

clock 14 May 2009 •

Mortgages

Lowest mortgage costs since 2004 - CML

Both first-time buyers and home movers are benefiting from the lowest debt servicing costs since 2004, according to the latest monthly lending survey from the Council of Mortgage Lenders (CML).

clock 14 May 2009 •

Investment

Mobius takes bullish stance on LatAm

Franklin Templeton's Mark Mobius is bullish on Latin American countries, claiming the region offers growth opportunities, particularly in the commodities and banking sectors.

clock 14 May 2009 •

ETFs

Van Eck releases ETF on Brazilian investment themes

Van Eck Global has launched the Market Vectors Brazil Small-Cap ETF on NYSE Arca, providing conce...

clock 14 May 2009 •

Your profession

FSA founder Sir Howard Davies quashes 'green shoots' talk

Sir Howard Davies, director of the London School of Economics (LSE), today quashed talk of economic green shoots, declaring: "We have not turned a corner".

clock 13 May 2009 •

Your profession

Sesame recruits 80% of Thinc firms

Sesame has successfully recruited 80% of former Thinc Network advisers, following a fast-track arrangement.

clock 13 May 2009 •

Investment

Dow falls on poor retail sales figures

The Dow opened marginally down on yesterday's 8,469 close but immediately dropped further to 8,329.

clock 13 May 2009 •

Investment

IMA throws weight behind short selling

The IMA has defended the use of short selling by investment managers and argues they should not be forced to disclose their positions to the wider market.

clock 13 May 2009 •

Investment

Morningstar unveils adviser model portfolio range

Morningstar Associates Europe, the independent investment research provider, is launching a range of model portfolios for advisers to help them select appropriate funds for clients.

clock 13 May 2009 •

Investment

Personal Accounts admin names in frame revealed

The Personal Accounts Delivery Authority (PADA) has released a shortlist of administration firms it is considering for the contract to manage the new pension plans.

clock 13 May 2009 •
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