Polar Capital targets financials with new launch 08:02 GMT London-based Polar Capital Holdings intends to launch a new London-listed close-ended investment company called the Polar Capital Global Financials Trust plc (PCFT) to take advantage of the new opportunities that have emerged in the banking and financial services sector in the aftermath of 2008’s global financial crisis.
Brewin Dolphin appoints new co-heads for London office 08:02 GMT Brewin Dolphin has appointed Rob Burgeman and Peter Long as the new heads of its London office. Mr Burgeman and Mr Long take over from Stephen Ford and Rupert Tyler, who have taken on the roles of head of investment management, and national director investment management respectively.
Kashmir sapphire sells for record figure 17/05/2013 A rare 19.88 carats cushion-shaped sapphire from Kashmir called "The star of Kashmir" has fetched a $3.5 million, breaking all records after selling for the highest per carat price of a sapphire in Geneva.
Saunderson solid while James Hay lags at IFG 17/05/2013 While Saunderson House provided a “solid” performance for IFG Group’s Q1 figures, the SIPPs provider noted medium term “attrition and lag” at recent acquisition James Hay.
More evidence of PAM Award Winner McInroy & Wood’s ability to outperform its bigger peers 17/05/2013 McInroy & Wood is not a firm usually associated with emerging markets investing. Ashmore (especially for emerging market debt), together with First State and Aberdeen Asset Management are much better known in this respect, especially by UK-based investors. But according to data produced by FE Analytics the Haddington, East Lothian-based investment management firm which won its first PAM Award in March is the best performing firm active in the UK authorised investment funds market in terms of generating alpha by a considerable margin.