Posts Tagged ‘Insight Investments’

B&B Shareholders to the rescue July 4th, 2008

Existing shareholders of Bradford & Bingley - Insight Investment, Legal & General, M&G and Standard Life - will purchase £400m worth of new shares following the withdrawal of Texas Pacific Groups (TPG) offer to buy 23% of the British Bank.

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  • Selection from Glossary

    • Initial Charge
      The amount charged by a fund manager e.g. a unit trust, when an investment is first made and units first purchased. The initial charge can be around 5% for an equity fund, but is lower for a bond, managed or cash fund. Buying through a Fund Supermarket usually works out cheaper as they are able to negotiate discounted initial charges.