Corporate inertia and more stringent regulators are stifling asset management innovation but this is also making firms tighten up product launches, a Create Research study says. Professor Amin Rajan, of Create Research, says the asset management industry did not make the transition from boutique industry to globalised
Read more →Morningstar Investment Management has appointed Simon Ewan as managing director for operations in the UK, Europe, Middle East and Africa. His duties will include client management, marketing and business development for Morningstar’s investment management and consulting operations. Ewan will report to Morningstar Investment Management global chief investment
Read more →Over 100 days into the integration of the Schroders and Cazenove private client divisions, head of wealth management Andrew Ross says that with a unified management structure now in place, he is confident the enlarged entity can become the ‘pre-eminent wealth manager in the UK and Channel
Read more →NewSmith Asset Management has appointed Matthew Wright as partner and head of UK and European distribution. Formerly head of UK distribution at Carmignac Gestion, one of Europe’s largest asset managers, the appointment is part of NewSmith’s continued development following SuMi Trust’s investment in its parent company, NewSmith
Read more →Towers Watson and Pensions & Investments have published their latest annual global 500 ranking of the world’s largest asset managers. Highlights from this year’s report include: Assets managed by the world’s largest 500 fund managers rose by over 8% to US$68 trillion in 2012, making up any lost
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
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
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