
Recession spurs Friends to review with-profits bonuses
Story by: Dominic Welling, FTAdviser
Royal London has launched its combined international business Royal London 360°, which is made up of two of its existing offshore businesses.
Cofunds, a UK investment platform, has appointed Brett Williams as its new chief executive officer (CEO), to succeed Charlie Eppinger, who after four years as CEO of the company, will become a non-executive chairman.
iShares, the Exchange Traded Funds (ETFs) from Barclays Global Investors (BGI), are now available to investors through the Novia wealth management service.
The current economic slowdown will be longer and more painful than previous downturns with the recovery to be led by the US and Asia, the Chartered Insurance Institute (CII) warned.
Bramdean Alternative's investment trust has announced it will be writing off the full cost of two investments it had in hedge funds run by Bernard Madoff.
Rathbone Brothers' total funds under management decreased by 20.3 per cent over the last year, dropping to £10.46bn by the end of 2008.
The International Energy Agency (IEA) has estimated that over $26trn of new energy investment is needed in the oil industry between 2007 and 2030, with over half of that needed just to maintain current supply capacity.
The commodity sector could face supply shortages when demand picks up again as companies make hard decisions against a backdrop of low demand and falling prices in 2009, according to fund manager Richard Davis.
Global equity markets rebounded in December despite the volatility witnessed throughout the rest of the year, according to Standard & Poor’s Index Services.
MetLife's Retirement Portfolio has opened to new business on Bankhall's Portavista platform in a deal that makes it the only unit-linked guarantee product available on the distributor's platform.
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