WTW names new global investments head
Diya Luke takes up the position from 1 July
The asset manager has published the deal prospectus
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Positive flows to wholesale asset management unit of £1bn
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New hire arrives with 20 years’ investment experience
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With central banks in no mood to cut rates yet, real assets have room to rise
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David Welch departs after 26 years
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The deal remains the subject of a number of legal disputes
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It is being replaced by engineering firm IMI
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The fund manager also reported net outflows of £32m
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Reports say headhunters have already begun the search
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The company also makes changes to cash management
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Bank of England still expected to raise rates further
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