Sarasin & Partners LLP, a London-based asset management group, appointed Philippe Broadhead as head of distribution. Broadhead, who joins from Architas Multi-Manager, will be responsible for setting distribution strategy for fund sales in retail, wholesale and institutional markets. He has also worked as head of UK Sales
Read more →The respected former boss of Newton Investment Management is joining the investment arm of insurance giant Legal & General with the task of helping the business build direct relationships with savers. Helena Morrissey, who stepped down as the chief executive of Newton last year, is moving to
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 →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 →Aberdeen Asset Management Chief Investment Officer Anne Richards is to take over as chief executive at M&G Investments, the fund arm of insurer Prudential. The move is set to be completed later in 2016, subject to regulatory approval. Richards joined Aberdeen after it bought Edinburgh Fund Managers
Read more →Artemis fund manager Peter Saacke is to replace chief investment officer Ruth Keattch, who is retiring from the firm. Keattch will retire from the fund management industry in the first quarter of 2016. The industry veteran, who previously worked at Deutsche Asset Management as well as Troy Asset Management,
Read more →Hermes Fund Managers (Hermes) has announced the appointment of Jennifer Stillman as director at Consultant Relations. Based in London, she will report into Harriet Steel, global head of Business Development. Stillman has 16 years investment management experience, and was previously the head of Business Development for Nightscape
Read more →August to October saw another quarter of significant growth with 48,000 activity/ mentions (a 17% increase vs the previous quarter) across the cohort of wealth management Brands included in this research. Wider UK industry activity/mentions grew by 8% for the quarter (off a much larger sample base
Read more →St James’s Place, adviser networks including Sesame, Openwork, and Intrinsic, and Hargreaves Lansdown are set to emerge as the winners in the changing distribution landscape, according to research from Barclays. In an analysts note, Barclays argues large advice firms and platforms are set to succeed post-RDR as
Read more →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
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