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Roland McCormack to run Connells Asset Management

Connells has appointed Roland McCormack as managing director of its asset management division.

McCormack will take up his role on Thursday, 20 April.

He has fifteen years lending experience most recently as managing director of Bristol & West Mortgages and prior to that as managing director of Bank of Ireland Mortgages.
David Livesey, group chief executive officer of Connells, says:”Roland has a track record of successfully leading and transforming businesses.  Connells Asset Management is already a very successful part of our Group and, with repossession levels set to soar in 2009, it has the potential for huge growth. 

“I am delighted that we have been able to attract someone of Roland’s calibre and proven reputation to help develop all areas of the business to ensure it delivers a first class customer service whilst moving it on to the next level.”


Marketwatch 16/03/2009

Swaps all fell last week, whereas in the previous few weeks we have seen some rise and some fall.
Three-month LIBOR is now 1.91%.
1-year money is down 0.07% at 1.78%
2-year money is down 0.04% at 2.2%
3-year money is down 0.08% at 2.46%
5-year money is down 0.12% at 2.93%

Curriculumvitae: Chloe Taverver

Describe your current job

I’m responsible for maintaining The Business Mortgage Company brand, our media profile and all broker communications. I am also in charge of implementing the marketing plans for our key distribution partners. My role is quite varied and requires advanced juggling skills as I am usually involved in a number of projects at any given time.

Job market pessimism dents housing optimism

Over half of people now believe that it is a good time to buy property, but uncertainty surrounding their personal circumstances is denting their confidence, shows the Building Societies Associations Property Tracker survey.

Identifying best-in-class UK stocks — Mark Martin, Neptune UK Opportunities Fund

FE Alpha Manager Mark Martin assumed management of the multi-cap UK Opportunities Fund at the beginning of February. As manager of the highly regarded UK Mid Cap Fund, Martin has begun restructuring the new portfolio to focus on our very best UK stock ideas from across the FTSE All-Share Index. In this video, update Martin addresses:

– Themes informing the UK Opportunities Fund
– The multi-cap structure of the fund
– UK equity valuations


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