Ex-Baillie Gifford multi-asset boss assumes non-exec role at Tillit
Patrick Edwardson participated in the D2C platform’s last funding round
Author: Kirsten Hastings
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Tavistock hails ‘most successful trading year’ in its history
A year after rebuffing an unsolicited £15.2m takeover bid
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Another Woodford darling collapses into administration
Investors still trapped in LF Equity Income are not affected, however, as the stake was sold in 2020
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Mike Kerley named deputy manager of The Bankers Investment Trust
He will support Andrew Crooke who has managed it exclusively since 2003
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Morningstar pulls trigger early and boots two funds from II’s ethical buy list
A review wasn’t due until Q4 but torrid market conditions pushed it to move sooner
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River and Mercantile launches Quilter Investors-backed sustainable equity funds
Freshly promoted head of equities James Sym and portfolio manager William Lough tapped to run the strategies
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CBAM hires two managing directors
Joining from Santander Private Bank and Chases de Vere they will grow the firm in the north, Midlands and southwest
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Assetco swoops on SVM Asset Management in £10.7m deal
But its sixth M&A deal since January 2021 marks a big shift in how the acquisition will be funded
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Waverton grows adviser solutions team with Momentum hire
Helen O’Loughlin previously worked at Premier Miton, Friends Life and Just Retirement
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Downing hones healthcare focus amid £17.8m sale of tech ventures division
Nigel Pitchford joins as head of healthcare ventures to help develop a specialist platform to expand its retail funds
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UK funds bleed £4.3bn in worst month since March 2020
Fundsmith Equity saw its largest ever monthly outflow of £622m, while Baillie Gifford lost nearly £1bn
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AJ Bell CEO to step down in October
Andy Bell’s successor has been named as deputy CEO Michael Summersgill