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Product launches of the week

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Written by:
05/09/2014
If you're in the market for a new investment or a Marks & Spencer gift card, this is the week for you.

Investments

Ashmore has launched a trio of China-focused funds.

Lyxor Asset Management has expanded its range of ETFs available on the London Stock Exchange (LSE) with the launch of four new European equity products.

Matthews Asia has expanded its fund range with the launch of the Matthews Asia Strategic Income fund.

Fidelity Worldwide Investment is set to launch the Fidelity Asia Pacific Opportunities Fund on 24 September 2014, employing a high-conviction investment approach.

Mortgages

HSBC-owned internet bank First Direct has launched a five-year fixed rate mortgage at 65 per cent loan to value (LTV) at 2.89 per cent.

Post Office also has launched an exclusive in-branch range which includes a two-year fixed rate mortgage at 2.58 per cent up to 75 per cent LTV, free of any product fees.

From Wednesday 1 October Skipton will lower its Mortgage Variable Rate (MVR) from 5.49 per cent to 4.99 per cent for residential and from 5.69 per cent to 5.19 per cent for buy-to-let.

Leeds Building Society is reducing the rate of one of its longer term fixed rate mortgages to give more choice to borrowers looking to fix their repayments for the longer term. As of today the Society will cut the rate of its 10 year fixed rate mortgage up to 65 per cent LTV to 4.19 per cent.

Banking

M&S Bank is offering consumers a £125 gift card when they switch their current account through MoneySuperMarket.

Virgin Money‘s new one, three and five-year fixed rate ISAs pay between 1.5 per cent and 2.8 per cent interest, tax-free.

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