Frank Maret, head of distribution at Canada Life Investments, is leaving the firm at the end of 2016 after six years in the role. Maret joined Canada Life Investments in 2010, leading the distribution of its products in the UK as the firm built up its presence
Read more →Nordea has appointed Nils Bolmstrand new Head of Nordea Asset Management, the largest asset manager in the Nordics. Nils Bolmstrand, 44, comes from a position heading Nordea Life & Pensions, and he has previously held managerial positions within Nordea Asset Management and the asset management-division of Skandia
Read more →Aberdeen Asset Management’s recently-hired global head of distribution Campbell Fleming has made a series of hires to its global distribution team, including former Artemis head of UK retail Richard Pursglove and industry veteran John Campbell. Pursglove, who joins Aberdeen today, has been hired on an interim, advisory
Read more →The boutique asset manager Unigestion has announced that Miles O’Connor has been appointed as Chairman of the board of Unigestion UK, based in London. Miles has previously held the roles of Head of UK Institutional and Head of EMEA Institutional at Schroder Investment Management, and has over
Read more →Fidelity head of UK retail sales Ben Waterhouse is to move to South East Asia to lead the firm’s sales efforts in the region, with retail sales director Russell Lancaster and head of UK wholesale John Clougherty taking on his responsibilities. Mr Waterhouse joined Fidelity in 2010 from
Read more →LONDON— Henderson Group PLC agreed to acquire U.S. rival Janus Capital Group Inc. for about £2.01 billion ($2.59 billion) as the two active management firms look to cut costs in the face of pressure from low cost fund providers like BlackRock Inc. and Vanguard Group. The planned
Read more →Former Barings Asset Management chief investment officer Ken Lambden is to join JO Hambro Capital Management as group chief executive, subject to FCA approval. Lambden departed Barings in May ahead of its merger with Babson Capital Management and subsidiaries Cornerstone Real Estate Advisers and Wood Creek Capital Management.
Read more →The Australian Government has announced the introduction of two new types of collective investment vehicles (CIVs) as a tax-effective alternative to current Australian pooled investment trusts. The new vehicles will be a corporate CIV and a limited partnership CIV. The availability of these new CIVs is expected
Read more →MEMORANDUM OF COOPERATION ON THE ESTABLISHMENT AND IMPLEMENTATION OF THE ASIA REGION FUNDS PASSPORT Representatives from Australia, Japan, South Korea and New Zealand have recently signed the final Memorandum of Cooperation (Memorandum) setting out the internationally agreed rules and cooperation mechanisms for the Asia Region Funds Passport
Read more →Seven Investment Management (7IM) has hired Phillip Bungey as chief operating officer. Bungey was previously chief operating officer at online investment firm Nutmeg. He will replace Hazel Paton at 7IM, who retired earlier this year. Bungey previously worked with 7IM co-founders Justin Urquhart Stewart and Tom Sheridan at Barclays Stockbrokers
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