7IM

The partners of Seven Investment Management (7IM) are considering selling the business, according to reports.

An eye on the funds of the future

Cofunds's former marketing director Verona Smith has joined Seven Investment Management (7IM) as head of platform.

ONE TO WATCH

Platform providers who are overcharging for propositions are finding the "the noose is tightening" around them, according to a new pricing guide.

7IM's Alex Scott has begun switching out of corporate debt in favour of Spanish and Italian bonds on a large proportion of the group's funds, ahead of any rise in government bond yields.

BLACK MONDAY

You may recall last August when, as a result of yet another credit rating agency announcing yesterday's news, we saw the markets and certainly the EuroStoxx 50 drop by over 20%.

The IMA is to begin charging non-members to list funds in its sectors in a move that could see some groups removing vehicles from the listings altogether.

Seven Investment Management (7IM ) has launched an unconstrained fund with a charging structure that is discounted when performance is down.