F&C Asset Management is aiming to exploit the advice gap post retail distribution review (RDR) by increasing its amount of direct business. F&C said that would expand its direct marketing efforts, currently used to support its investment trust offering, to cover a wider product range in anticipation of
Read more →Baring Asset Management (Barings) has appointed Eric Poon to the role of regional head of institutional business, Asia ex Japan and Alexander Garton as director, client service and relationship development. Poon is based in Hong Kong and reports to Gerry Ng, chief executive officer, Asia ex Japan.
Read more →Fishtank ‘News/Blog’ site visitors will have noticed our SmartInsights RSS feed. We think these guys do a great job of producing interesting and timely digital marketing and social media content. A article that caught our eye from the feed this week involved ‘Segmentation techniques for social media
Read more →ING Group NV’s sale of its Asian investment management business has attracted bids from Japan’s Nikko Asset Management, Australia’s Macquarie Group Ltd. (MQBKY) and others, in an auction that could value the operations at around US$500 million, people familiar with the situation said Tuesday. ING is also
Read more →Lombard Odier, one of the largest Swiss independent private banks by managed assets and Geneva’s oldest, has reinforced its commitment to the Middle East with the appointment of four seasoned relationship managers: Giridhar Bhatia, Arif Al Suwaidi, Pradip Gupta and Yazen B. Abu Gulal. Giridhar Bhatia has
Read more →Roger Yates, the CEO of Pioneer Investments, is to step down from his post from July 24, according to a statement from the firm’s parent group, Unicredit. He will be replaced as head of Asset Management by Sandro Pierri, who has been head of international distribution and
Read more →Investec Asset Management is the latest group to launch a range of clean share classes ahead of the year-end RDR deadline. The group is in the process of launching 39 share classes for its £10bn UK OEIC range with an annual management charge of 0.75% – half
Read more →Four major fund houses have joined forces with technology provider IFDS to white-label enhanced on-line propositions for their existing direct customers ahead of the Retail Distribution Review (RDR). Schroders, Threadneedle, Jupiter and Henderson want to provide more tools for clients to manage their investments online so they have approached
Read more →Aviva Investors has named Paul Abberley as interim chief executive, following the departure of Alain Dromer. The company will continue to recruit for a permenant CEO internally and externally. Abberley, who is currently chief executive of Aviva Investors London and global investment solutions, will assume responsibility for
Read more →Andrew Moss has resigned as chief executive of Aviva following an investor dispute over pay and performance. Mr Moss, 54, has resigned with immediate effect. His executive responsibilities will be taken over by former ANZ chief executive John McFarlane, the incoming chairman. Further reading: Aviva CEO third
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