The IMA has reshuffled its board, swapping senior representatives from Newton, Lazard and Aviva Investors for others from Fidelity, LGIM, Henderson and Aberdeen. Hugh Mullan, UK managing director at Fidelity, who this week was named responsible for Fidelity FundsNetwork following the departure of David White, is one
Read more →Fidelity Worldwide Investment has appointed Hugh Mullan as its new head of FundsNetwork to replace David White who has left the company. Mullan will continue to also be head of Fidelity’s UK defined contribution and retail business. White has left Fidelity after 10 years and was most recently responsible for developing FundsNetwork’s unbundled
Read more →Janus Capital International has appointed Karen Bennett as its head of marketing and communications for its non-US business. Bennett joins from Aegon Asset Management where she headed up its global corporate communications. In her new role, Bennett will be responsible for covering the Janus European, Middle Eastern
Read more →A great opinion piece from Jeff Prestridge in FTAdviser last week. We have snipped together many of the key themes, but would recommend readers view the full article (the relevant link is provided at the bottom of this post): “After much debate, argument and head scratching, the Retail
Read more →A nice bit of digital marketing from the team at Standard Life yesterday using twitter – that demonstrated an all important ability to actively engage with their social media following. Under their handle @sl_adviser they proposed the basic question: Which of these RDR (Retail Distribution Review) areas are you
Read more →Richard Parkhouse has joined the professional advisory firm following the acquisition by PwC of PRPi Consulting, the company he founded. Parkhouse has over 30 years’ experience in human resources consultancy, and focuses particularly on the healthcare, airline, distribution and financial sectors. Prior to PRPi Parkhouse served as
Read more →The CEO of fund management group Jupiter has said the significant disruption facing platform business models in the run-up to implementation of the Retail Distribution Review (RDR) will lead to consolidation in the space. Speaking to Investment Week, Edward Bonham Carter said that, while increased pricing pressure on asset
Read more →RSA has confirmed that Cofunds’ head of commercial Russell Lancaster has been appointed as distribution director for its UK commercial business. Mr Lancaster will assume his role in early September and will report to Chris Sime, director of sales and strategic relationships.He will focus on RSA’s distribution
Read more →News of Bestinvest’s list of ‘dog funds’ carried by mainstream media on the 23rd July sparked a widespread response and sharing through social media. The Bestinvest’s list highlights funds that have underperformed their benchmark by 10% or more cumulatively over the last three years. Major fund groups Scottish
Read more →These are some really interesting insights from a comprehensive article on Invesco Perpetual recently published by Fund Web: Perpetual was the original boutique. It started its life with a few, then unknown, managers in the restful surroundings of Henley-on-Thames. This proved the unlikely setting for the germination
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