Investment Adviser articles from July 2002

Investment Adviser archives from July 2002

Growth, value in one fund.(Franklin/Templeton Investor Services Inc. launches Dynamic Growth and Value fund)(Brief Article)
July 15, 2002... FUND manager Franklin Templeton is to launch a Dynamic Growth and Value fund in Luxembourg and the UK in September. It will invest equally in the Templeton value-oriented global equity fund and Fiduciary Trusts growth-oriented global fund....

MPs slam Aberdeen over split cap trusts.(Financial Services Authority investigates Aberdeen Trust PLC)
July 15, 2002... By Sam Dunn ABERDEEN suffered a blistering attack from Treasury Select Committee MPs during a hostile Commons investigation into the split cap sector. Martin Gilbert, chief executive of the Scottish fund manager, faced a barrage of...

EFM closes emerging markets fund.(Edinburgh Fund Managers PLC)(Brief Article)
July 15, 2002... LACk of investor interest has forced EFM to close its emerging markets fund, writes Ashutosh Kumar. Edinburgh Fund Management is seeking shareholder approval to wind up the unit trust, which has been managed by a team of emerging markets...

Appointments.
July 15, 2002... Lloyds TSB Development Capital (LDC) has recruited Craig Wilkinson as an investment manager. Mr Wilkinson joins LDC after two years with Rothschild Acquisition Finance. Prior to joining Rothschild, he worked at the Bank of Scotland as an...

E-commerce laws to change.(Addleshaw Booth on the European Unions Electronic Commerce Directive)(Brief Article)
July 15, 2002... By Andrew Starke IFAs could face FSA sanctions if they fail to comply with changes to e-commerce laws. This is the view of Addleshaw Booth, an information technology and e-commerce provider, which offers compliance services to UK...

Internet fraud hits financial industry.(Experian Ltd. survey)(Brief Article)
July 15, 2002... The number of fraudulent applications for financial services products is on the increase with the proliferation of products available online. According to a survey on internet fraud by information solutions company, Experian, up to one in...

Online share trade service launched.(IMIWeB UK and O2 Ltd. )(Brief Article)
July 15, 2002... Online broker IMIWeB UK and mobile operator O2 have launched a share trading service. The service will be available on O2s xda, a new personal digital assistant (PDA) that combines general packet radio service (GPRS) phone, PC and web...

Investment Adviser Diary.(industry humour)(Column)
July 15, 2002... Some name, some self-promotion Evil Knievel is again making waves predicting the bottom of the FTSE 100. According to Britains most feared short-seller, the dreaded day will be 22 September. Diary makes that a little over two months away...

Advisers wary over health fund launch.(Threadneedle Investments)
July 15, 2002... By Ashutosh Kumar Threadneedle is launching a global healthcare fund at a time when the healthcare sector is posting disappointing results. The fund, to be launched today, will invest in pharmaceutical companies, biotechnology,...

Regulations drive demand for bonds; Pension rules rather than fundamentals are moving the market.
July 15, 2002... Jim Leaviss For those of us who thought markets were driven by economic fundamentals, such as interest rates, growth and budget deficits, the past year or so has given us food for thought. For a UK bond fund manager, some of the...

Hedges reply to criticism.(Legal and General Group PLC's David Prosser critisizes hedge funds)(Brief Article)
July 15, 2002... Legal & General boss David Prosser has come under fire following his public criticisms of hedge funds. Mr Prosser has called for a regulatory review of the influence of hedge funds on stock markets and said a new tax should be introduced to...

Trust liquidity review.(trading of investment trusts; Association of Investment Trust Companies)(Brief Article)
July 15, 2002... By Gail Moss Investment trusts could be traded on an electronic order- driven basis as well as by market makers, according to an AITC-commissioned report. The report, Secondary Liquidity in the Investment Trust Sector, reviewed the...

Managers could cash in on with profits changes.
July 15, 2002... By Gabriela Pomeroy and Simoney Girard Fund managers could cash in on the repositioning of the with profits market by designing alternative products. Jupiter launched the Jupiter Distribution fund in March, and F&C has been promoting...

Danger to consumer protection.(Financial Services Consumer Panel warns against simplified savings products)(Brief Article)
July 15, 2002... THE Financial Services Consumer Panel has warned Ron Sandlers wish to simplify savings products could be at the expense of consumer protection. Mr Sandler wants to encourage the sale of "safe" products by allowing firms to sell them...

Idealistic proposals slammed.(Ron Sandler report)(Brief Article)
July 15, 2002... Fund management groups have condemned Ron Sandlers report as "idealistic" and "flawed". The reviews criticism of active fund management was roundly denounced by managers who refuted its claims that tracker funds offered better long-term...

IMA backs Ron.(Investment Managers Association and Ron Sandler)(Illustration)
July 15, 2002... The IMA has welcomed Ron Sandlers suggestion that the IPA rules be changed to allow non-life companies to compete in the pensions market. Clare Arber, IMA head of communications, said: "We will be encouraging the Treasury to act upon these...

Investment bond plan may harm pensioners.
July 15, 2002... Ron Sandlers recommendation to abolish the 5 per cent tax relief on investment bonds will harm pensioners, IFAs have warned. Mr Sandlers proposals conflict with FSA research for CP121, which criticised advisers for selling investment bonds...

Sandler review is more practical than CP121.(Brief Article)
July 15, 2002... THE Sandler alternative to the FSAs defined payment system may make it easier for advisers to retain their independent status. Ron Sandler has proposed a relaxation of the FSAs defined payment system. Mr Sandlers plan would stop providers...

Report could encourage Soviet-style investment.
July 15, 2002... By Sam Dunn Ron Sandlers endorsement of tracker funds could lead consumers to adopt "Soviet-style" investment, according to a leading active manager. Mr Sandler argued in his review of long-term savings that retail investors should...

Sandlers conclusions.(Brief Article)
July 15, 2002... Industry is too complex with 1600 unit trusts and Oeics. Wide disparity in price for similar products. There is little correlation between price and performance of funds. Financial advisers are poorly qualified to give investment...

Trackers to benefit from criticism of active funds.(Brief Article)
July 15, 2002... Trackers will get a boost from the Sandler reviews scathing attack on active management. In light of the review, managers are predicting a greater interest in trackers among consumers and IFAs. Legal & Generals first quarter figures...

Review offers ray of hope for investment trusts.(Brief Article)
July 15, 2002... Investment trusts have been offered a ray of hope. Ron Sandlers report underlined that the tax system created "unnecessary differences" between investment trusts and unit trusts and Oeics. The Treasury-sponsored review into long-term...

Gartmore planning hedge fund of funds.
July 15, 2002... By Ashutosh Kumar Gartmore is planning to launch a retail fund of hedge funds to be distributed through IFAs. The proposed fund is likely to be managed by Riverview International Group, a US-based fund of hedge funds specialist with...

Hughes quits HL.(Spike Hughes leaves Hargreaves Lansdown Wealth )(Brief Article)
July 15, 2002... Spike Hughes, managing director of Hargreaves Lansdown Wealth Management, has left after disagreeing with other directors. Mr Hughes differed with the groups directors over strategies for third-party distribution. Both Hargreaves Lansdown...

Europe is investment no mans land: Pease.(Richard Pease)(Brief Article)(Interview)
July 15, 2002... New Stars European fund manager Richard Pease has described Europe as the "no mans land of investment". He also dismissed German financials as "the kiss of death" in an interview with IA. Vivendi is another sore point for Mr Pease,...

Sector pays tribute to UBSs Simon Goodge.(Brief Article)(Obituary)
July 15, 2002... UBS Global Asset Management and the funds management industry have expressed condolences to the family and friends of Simon Goodge. Mr Goodge, the former UBS head of retail sales, died recently in a road accident while riding his motorcycle...

US to tighten grip after Legg Mason boss resigns.(Rebecca Thomas)(Brief Article)
July 15, 2002... Legg Mason Investors US parent may tighten its grip on the UK subsidiary following the sudden departure of chief executive Rebecca Thomas. IFAs said they were surprised to hear about the resignation, although Legg Mason insisted she had...

Mott warns of bubble.( Bill Mott of Credit Suisse)(Interview)
July 15, 2002... By Dewi John Credit Suisses Bill Mott has warned that markets face serious fallout should the housing bubble burst. The manager of CSAMs Income and Monthly Income funds said: "This recession is different from previous ones. As a...

Henderson UK Capital adopts bullish stance.(Brief Article)
July 15, 2002... Henderson UK Capital Growth fund is taking a more aggressive stance, sensing recovery in selected UK stocks. Richard Prew, fund manager, who joined Henderson Global Investor in February 2001, said stocks such as HSBC and BskyB were...

Expo registration now offered online.(FINANCIAL Adviser Expo 2002)(Brief Article)
July 15, 2002... FINANCIAL Adviser Expo 2002, the Investment Adviser-backed trade show for IFAs, has launched its website. The dedicated website www.financialadviserexpo.com has opened for business, allowing financial services professionals to register for...

Deutsche to roll out eight funds; Deutsche Asset Management to unveil range of new funds in bid for top five slot.(Brief Article)
July 15, 2002... By Andrew Starke Deutsche Asset Management is to launch a number of funds when it rebrands as DWS Investments in mid-September. These may offer access to the groups European funds to supplement its existing UK product range. ...

Veteran managers voted no 1.(mutual funds)(Brief Article)
July 15, 2002... "Golden oldies" have emerged as favourites in a survey to find the most popular fund managers. Veteran fund managers topped the poll in an exclusive Fund Adviser survey, IFAs were asked to name their favourite fund manager over five...

Investors pay GBP20bn in charges.(Brief Article)
July 15, 2002... Investors pay active managers GBP1.80 to get the equivalent of investing GBP1 directly in the market, according to new report. The report from the Centre for the Study of Financial Innovation said investors pay GBP20bn a year in charges to...

Hope for a soft landing.(forecasting house prices)
July 15, 2002... Now that the World Cup and Wimbledon are over, we can return to talking about our favourite subject, the seemingly inexorable rise in house prices. At its July meeting, the Bank of Englands Monetary Policy Committee decided to give some...

Pooled property makes a splash; A property syndicate can provide investors with good returns and lower levels of risk, says Anthony Gabbott.
July 15, 2002... It is often said that buying your own house is the best investment you can make. However, when it comes to buying your next investment property, opinions vary. Most investment property is bought to achieve a regular income that will pay...

Hard times and the search for index-beating returns; After Ron Sandlers harsh judgement on active management, Richard Buxton examines active and passive approaches.
July 15, 2002... There has been considerable debate in recent years as to which is the better investment approach passive or active management. Proponents of each seem to believe their approach is the one that has the potential to generate the greatest...

House of Horrors; Bruce McWilliams presents A spine-tingling tale of how imploding house prices could shake the market.
July 15, 2002... The signs of a housing market crash are imminent. People gloat about their clever house investments at dinner parties as they have now for several years. First the Nationwide and now the Halifax confirm that house prices are racing ahead...

Sandler: change your name or kiss commissions goodbye; Ron Sandlers review has added further weight to the FSAs campaign to separate commission and independent advice. Helen Delaney reports.
July 15, 2002... Ron Sandlers review of medium and long-term savings, published last week, has re-ignited the commission versus fees argument. Some six months have passed since the introduction of the FSAs Consultation Paper 121 and the commission versus...

EUROZONE.(Vivendi's effect)
July 15, 2002... FTSE Euro 100: 869.41 883.09 FTSE Euromid Eurobloc: 1137.29 1150.32 Consumer price index: 2% (May) Base interest rate: 3.25% GDP growth: 2.3% (Q1) The financial rescue of Vivendi Universal was cast into doubt on 9 July...

UNITED KINGDOM.(economic conditions)
July 15, 2002... FTSE 100: 4392.6 4420.1 FTSE All-Share: 2141.4 2150.2 Inflation rate: 1.15% (May) Base interest rate: 4% GDP growth: 1.15% (Q1, y/y) London stocks ended in the red but off their lows on 9 July as Wall Street edged higher...

US.(economic conditions)
July 15, 2002... S&P 500: 953.88 920.47 Nasdaq: 1380.10 1346.01 Consumer price index: 1.18% (May, y/y) Base interest rate: 1.75% GDP growth: 1.65% (Q1, y/y) Wall Street was set for a higher open on 10 July after Standard & Poors announced...

JAPAN.(economic conditions)
July 15, 2002... Nikkei 225: 10812.30 10752.66 Topix: 1044.2 1037.26 Consumer price index: -0.9% (May, y/y) Base interest rate: 0.03% GDP growth: -1.65 (Q1, y/y) The Japanese government is considering measures to quicken consolidation of...

SINGAPORE.(economic conditions)(Brief Article)
July 15, 2002... SES All-Spore: 424.80 437.84 Consumer price index: -0.39% (May, y/y) Base interest rate: 0.81% GDP growth: 3.2% (Q2, y/y) Singapores gross domestic product grew a robust 3.2 per cent year-on-year in the second quarter driven...

Equity woes add lustre to gilts despite concerns over issuance.(UK Gilt sector)
July 15, 2002... The UK Gilt sector consists of funds that invest at least 90 per cent of their assets in UK government securities. There are 38 funds in the conventional UK Gilt sector, which was created in May this year, when the former UK Gilt sector was...

Performance Commentary.(UK Gilt funds)
July 15, 2002... The downturn in equities and the war on terrorism have been positive for the bond market, particularly gilts, with nervous investors seeking to safeguard their capital. It is therefore surprising that less than half of the 31 UK Gilt funds...

Schroder Gilt & Fixed Interest Fund: Detail Commentary.
July 15, 2002... The GBP125.78m Schroder Gilt and Fixed Interest fund is managed by Andrew Argyle. He took the helm in early 2001 after previous manager Robert Gall was appointed as head of Schroders Sterling fixed income department. The aim of the...

Schroder Gilt & Fixed Interest Fund: Manager comment; Andrew Argyle.
July 15, 2002... It has been quite an interesting year so far: the fund has been pretty close to neutral in terms of managing against the competition, so we have had a neutral exposure to interest rates. Very short-dated gilts offer little value at about 4...

Risky business: rating agencies under fire; Fund managers are taking an increasingly jaundiced view on the value of ratings agencies, says Andrew Starke.
July 15, 2002... Corporate bond fund managers have questioned the usefulness of credit ratings agencies when stock market volatility is high. James Foster, director of credit, strategy and research at Royal & SunAlliance Investments, said the volatility of...

Taxation should be less taxing.(savings plans; Ron Sandler's industry review)
July 15, 2002... Few governments can resist the urge to tinker and the current administration has tinkering down to an art form. When it came into office, there was a perfectly good tax-free savings scheme in place the Personal Equity Plan but the government...

The GBP27bn conundrum.(Ron Sandler's financial services review)(Brief Article)
July 15, 2002... A nagging doubt remains that, however good, or bad, Ron Sandlers review is, it leaves one question unaddressed. The unfortunate thing is that it is the central question that of the GBP27bn savings gap that it was set up to tackle. Messers...

Raising the reporting game; Ted Awty says the survival of markets depends on firms adopting better and more open financial reporting.
July 15, 2002... If there is one sure thing that recent corporate failures have revealed, it is that information is the lifeblood of capital markets. But it must be information that is accurate and trusted by investors. In the quest to achieve this, a wave...

Clearing up the Messier; Davina Curling explains why it was only a matter of time before the hysteria over US accounting standards reached European shores.(Vivendi Universal S.A., Jean-Marie Messier; following Enron Corp. scandal)
July 15, 2002... Barely a week ago, the UK press was fanning the already rising flames beneath the chief executive of Vivendi Universal. Stories of blood on the carpet at the worlds second largest media conglomerate abound. All this corporate thrust and...

Insight into the new HBOS fund management business; Gary Mairs, managing director of Insight Investments the relaunched HBOS funds management business is running what he calls "the single biggest strategic launch in the UK". Sam Dunn spoke to him.(Halifax and Bank of Scotland Group's Insight Investment Management Ltd.)(Interview)
July 15, 2002... Investment Adviser: How long has the Insight Investments announcement been in the offing? Gary Mairs: Douglas Ferrans, Insights chief executive, was recruited in June 2001 and I joined in October last year as managing director; we arrived...

OFFSHORE FUNDS; TOP 10 OVER THREE YEARS.
July 15, 2002... Top 10 funds by sector, figures up to 1 July 2002, sell to sell, gross income reinvested

Careful bets key to beating market.(Invesco launches Invesco GT European Structured fund and US Structured Large Cap Core fund)
July 15, 2002... By Kate Castellari Beating the indices in a controlled way is about knowing the content of the benchmark and making adjustments. This is the view of Richard Thompson, managing director of Invescos offshore UK sales division. The...

FMG restructures hedge fund for retail launch.(Brief Article)
July 15, 2002... FMG has restructured a global fund of hedge funds for relaunch to retail investors. The $13m (GBP8.7m) Diversified Global Hedge fund, formerly the FMG Global Hedge fund, was restructured on New Years Day 2002. It has since undergone a...

Gold-linked deposit offered.(Standard Bank Offshore)(Brief Article)
July 15, 2002... Standard Bank Offshore is to launch a capital guaranteed product which will be linked to the gold price. The gold-linked deposit account will offer investors up to a 10 per cent return with a 12-month lock in period. The minimum return is 2...

Call for focus on fund risk.(COR Risk Solutions report on Nordic hedge funds)(Brief Article)
July 15, 2002... Nordic hedge funds need to make risk management a priority, according to COR Risk Solutions. The Nordic alternative investment market is booming and is attracting UK money but the provider of risk analysis software said this placed...

Defined benefit risk.(Occupational Pension Advisory Service; protection of pensions)(Brief Article)
July 15, 2002... By Holly Thomas DEFINED benefit schemes are dangerously vulnerable when a company goes bust or voluntarily winds up. The Occupational Pension Advisory Service (Opas) is calling for the law to be changed to require schemes to meet...

GE Life launches collective fund Sipp.(self-invested personal pension)(Brief Article)
July 15, 2002... GE LIFE has launched a self-invested personal pension for collective fund investors. The life company said Sipp investors fit into three categories: those that invest in the whole range of investment vehicles, those that primarily invest...

PENSION FUNDS; Top 10 PENSIONS OVER 10 years.
July 15, 2002... Top 10 pension funds by sector, figures up to 8 July 2002, buy to sell, gross income reinvested

Pub scheme promises no hangover; Tomahawk EIS has real potential.(enterprise investment scheme; Tomahawk Pubs)
July 15, 2002... Ben Yearsley Departing from the usual mutual funds this week, I am going to take a look at an enterprise investment scheme, Tomahawk Pubs. An EIS is a company that is often at an early stage of development. Investors get favourable tax...

L&C to set up ground rent fund.(London & Capital)(Brief Article)
July 22, 2002... Asset management boutique London & Capital is to launch a ground rent property fund. The offshore fund will be launched in September in partnership with the UKs largest property group, Rotch. Rotch has 110,000 properties on its books. ...

Aberdeen suspends income trust shares.(Aberdeen High Income, Leveraged Income trusts)
July 22, 2002... By Sam Dunn Aberdeen was forced to suspend shares in the Aberdeen High Income and Leveraged Income trusta last Thursday. The move came following further falls in asset value. The end of trading in Aberdeen High Income shares is a...

Edinburgh loses EIT mandate.(Edinburgh Fund Managers; Edinburgh Investment Trust)(Brief Article)
July 22, 2002... Edinburgh Fund Managers has lost its mandate to run the GBP1.4bn Edinburgh Investment Trust. Fidelity Investments beat off EFM, Standard Life and Baillie Gifford in the bidding to manage the UKs biggest investment trust. The loss of the...

Appointments.(includes brief articles)
July 22, 2002... Govett Investments has recruited Adrian Lott as sales director for open-ended funds in the south-east region. Mr Lott will be responsible for servicing and developing Govetts IFA clients as well as generating new business. Most recently, Mr...

Holiday property bond from HPB.(HPB Management; Isle of Man Assurance bond)(Brief Article)
July 22, 2002... HPB Management is to distribute a holiday property bond issued by Isle of Man Assurance in the UK. The Exchange, which recently launched a holiday property bond microsite, has been selected as the primary distributor in the UK. The HPB...

AIG bond for the rich.(AIG Life's Premier Trustee Investment Bond)
July 22, 2002... By Cristina Merrill A new investment product from AIG Life promises to offer wealthy investors a low-cost and flexible structure. The multi-currency investment bond, the Premier Trustee Investment Bond, has no initial fees or...

So long samba as confidence in Brazil stumbles.(emerging market bonds )
July 22, 2002... Peter Lucas The past few months have not been kind to emerging market debt. While US Treasuries have prospered, the dollar-denominated debt of countries such as Brazil and Turkey has fallen away dramatically. The yield spread between...

Nows the time to buy US stocks, says Abate.(James Abate, GAM Star American Focus fund manager)
July 22, 2002... By Ashutosh Kumar NOW is the time to take a more aggressive stance on the US markets, according to James Abate. The manager of GAM Star American Focus fund, said leading companies within the most down-beaten sectors telecommunication...

Premier appoints manager.(Premier Portfolio Managers; Chelverton Asset Managers)(Brief Article)
July 22, 2002... PREMIER has hired Chelverton to run its UK Smaller Companies unit trust. Chelverton Asset Managers appointment heralds the end of Premier Portfolio Managers search for a replacement for Peter Webbs Unicorn Asset Management. Unicorn...

Providers set to host joint show.(Brief Article)
July 22, 2002... M&G, Aberdeen, Schroders and Newton are to host a series of joint IFA roadshows in September. The exercise is an extension of the roadshows jointly held by M&G and Schroders two years ago. Aberdeen was added last year and Newton completes...

Solid fare in small cap UK food stocks.(according to Tim Steer, New Star UK Agressive fund manager)(Brief Article)
July 22, 2002... STICKY buns could be the mainstay of your clients UK portfolio, according to one top UK fund manager. Tim Steer, manager of the New Star UK Aggressive fund, said there was value in UK smaller companies such as food retailers and...

NDF plan offers 10 per cent but IFAs are wary.(NDF Administration's Extra Income & Growth Plan; independent financial advisers)(Brief Article)
July 22, 2002... NDF Administration has launched its 11th Extra Income & Growth Plan but advisers are cautious about lack of security. The plan, backed by Abbey National Treasury Services, offers investors 10 per cent income a year, fixed for three years,...

China, Korea offer value.(emerging market funds)(Brief Article)
July 22, 2002... The replacing of family corner shops with supermarkets is driving opportunities in China and Korea. This is the view of Angus Tulloch, manager of the newly AAA-rated First State emerging markets fund. The fund carries a 16 per cent...

Aegon plans fund rejig.(Brief Article)
July 22, 2002... By Andrew Starke Aegon manager Matthew Harris recognises that IFAs will initially not be queuing up to recommend his funds. But plans to turn around their performance in six months. Mr Harris moved from Aegons Japanese desk to take...

Parker to manage Majedie UK fund.(Adam Parker; Majedie Investments' UK Smaller Companies fund)
July 22, 2002... By Ashutosh Kumar Former Merrill Lynch manager Adam Parker is to run a new retail UK Smaller Companies fund. The fund is to be launched in 2003 by London-based Majedie Investments, a GBP200m investment trust, which is starting an asset...

Equity return hopes.(Merrill Lynch Fund Manager Survey)(Brief Article)
July 22, 2002... A quarter of Merrill Lynch fund managers believe the markets will be lower in a years time. In the latest Merrill Lynch Fund Manager Survey, 74 per cent of the respondents said they expected equities to be higher a year from now. As many...

IMA plans sector monitoring scheme.(Investment Management Association)(Brief Article)
July 22, 2002... The Investment Management Association has introduced a sector monitoring scheme. The IMA will use fund performance analysts Lipper to improve the accuracy of UK fund classification. Brian Harvey, research manager of Lipper, said: "We...

Meltdown threat to split caps.(Brief Article)
July 22, 2002... By Sam Dunn Plunging stock markets have forced emergency split cap action in an echo of an FSA warning nine months earlier. As waves of share selling pushed the FTSE 100 lower, FSA managing director John Tiners nine-month old concern...

Aberdeen is top of the dogs.(Aberdeen Asset Management)(Brief Article)
July 22, 2002... Aberdeen Asset Manage-ment has come out worst dog fund manager in a report by Bestinvest into poorly performing funds. According to the IFA, more than GBP5.45bn of UK savings are in poorly performing dog funds. The report said Aberdeen...

Weak dollar boosts US opportunities.(mutual fund forecasts by Elaine Crichton, Aegon)(Brief Article)
July 22, 2002... PARITY between the euro and the dollar could offer North American funds greater growth opportunities, according to a leading manager. Elaine Crichton, US fund manager at Aegon, said that a weaker dollar would give a boost to US exporters...

IFA disputes low risk fund claims.
July 22, 2002... By Simoney Girard IFA Towry Law has accused a new offshore fund of failing to disclose potential risks for investors. The Shepherds Select Funds Tep class takes advantage of the opportunities in the traded endowment market. It...

Revamp plan for Solus MD.(Graeme Sinclair joins Solus Investment Funds)(Brief Article)
July 22, 2002... GRAEME Sinclair has been hired by Brown Shipley to revamp operations at its Solus fund management arm. He replaces former Solus managing director John Eckersley who left two months ago to set up investment boutique Castlefield Investments....