LV= Asset Management (LVAM) has today launched a US income fund for UK equity fund manager Marcus Chandler.
Neptune's Robin Geffen has warned investors against piling into Glencore despite a positive reaction from markets on its first full of trading.
Mark Page has quit LVAM handing the £227m LV= European ex-UK Growth fund to Richard Falle until a new hire is made.
Liverpool Victoria is due to sell its investment arm LV= Asset Management, according to reports.
The LVAM manager says stocks are cheap historically and running healthy yields
The recent Barclays Capital Equity Gilt Study 2011, which looks at UK asset returns since 1899, contains a remarkable statistic: the inflation-adjusted return from holding cash in 2010 was -4.1%; the worst return for UK savers since 1975.