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Green
One year in, Ecclesiastical Amity Corporate Bond fund is seeing modest monthly inflows of £500,000 a month and manager Robin Hepworth expects between 25% and 40% growth in year two.
Impax Group saw slight decreases in its assets under management and net profit, according to interim results to 31 March.
Managers have welcomed the Chancellor's commitment to further investment in renewable energy and efficiency incentives, as laid out in last week's Budget.
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Last week, the financial ombudsman (FOS) published, for only the second time, the number of complaints against authorised firms referred to its office.
The FSA has today issued its second fine in as many weeks over concerns on pension switching advice, but it is interesting to note case checking has been of particular interest to the regulator.
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