St James’s Place (SJP) once again exceeded expectations with another round of bumper results in Q3, and many are tipping further growth as the firm exploits a growing ‘advice gap’. The restricted advisory firm continued its upward ascent in the third quarter with £1 billion net inflows, bringing
Read more →Standard Life is carrying out an internal restructure which will see the wealth business move into Standard Life Investments. The move will see Standard Life Wealth chief executive Richard Charnock report to SLI chief executive Keith Skeoch, rather than Standard Life UK and Europe chief executive Paul
Read more →Rachel Lord has swapped a corporate equity derivatives job with Citigroup to become head of iShares, Europe, the Middle East and Africa with incumbent Joe Linhares returning to the US for a brand new role. After three years as head of iShares EMEA, Linhares is to return
Read more →Rob Thorpe, formerly of Cazenove, has left Sarasin & Partners after little more than six weeks in his new job to become head of consumer at F&C Investments. Thorpe joined thematic investment specialist Sarasin on 30 September to become its head of retail. Prior to this he
Read more →Threadneedle Investments has appointed Richard Vincent head of wholesale solutions. In this newly created position, Vincent will take charge of promoting and developing Threadneedle’s multi-asset investment solutions for the UK and global intermediary markets, working closely with the firm’s head of multi-asset allocation Toby Nangle and head
Read more →The latest Pridham report shows Artemis and Henderson have been among the biggest beneficiaries of the renewed interest in equity funds. The report comes on the back of recent Investment Management Association figures, which showed equity funds produced net sales of £8 billion in the first nine
Read more →Unless you have spent the last month in a black hole you would not have failed to miss what was described by one commentator as the biggest news “ever” to grace the asset management industry. Neil Woodford’s departure from Invesco Perpetual, where he ran over half of
Read more →Jupiter has hired former HSBC and Henderson man Richard Wilson as head of marketing. Wilson, who joins Jupiter during November, will have responsibility for the fund group’s global marketing strategy. He most recently worked at HSBC Global Asset Management and has previously held similar roles at Henderson Global
Read more →Aberdeen Asset Management has bought fund manager Scottish Widows Investment Partnership from Lloyds Banking Group in a £650m deal as part of a “strategic partnership” with the lender. The fund manager is acquiring SWIP via the issue of 131.8m new shares to the state-backed bank worth £550m
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