Peel Hunt COO and CFO depart firm after 16 years
The roles will be filled by current chief corporate officer Michael Lee and head of finance Billy Neve
People Moves
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Matt Bennison appointed co-manager of Schroder Income Growth fund
Alongside Sue Noffke, while fees cut and volatility reduction measures announced
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Columbia Threadneedle UK distribution co-head joins Rathbones
As part of a trio of hires to the Rathbones distribution team
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Morningstar: M&A is not the magic bullet asset managers think it is
Consolidation often burdens firms with more integration challenges than it does scale and fee benefits
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Warren Buffett to retire from Berkshire Hathaway
He named Greg Abel as his successor, who had no idea Buffett was going to make the announcement
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Alex Stanić exits Artemis for AustralianSuper
His responsibilities will be absorbed by the wider global equities team
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Aberdeen’s EMD veteran Diment to retire after 34-year career
Siddharth Dahiya becomes global head of emerging market debt, reporting to global fixed income head Jonathan Mondillo
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Evelyn Partners hires former Paddy Power Betfair CFO
Alex Gresh has led multiple firms through transitional stages such as Cazoo and Sportsradar
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BlackRock Frontiers and Latin American make manager changes
Amid changes to BlackRock’s global emerging markets team
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Rosemary Banyard leaves fund management
Banyard will remain at Downing as a consultant but no longer manages the Downing Unique Opportunities fund she created
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AXA IM appoints US equity portfolio manager
Gordon Happell joins after 10 years at Columbia Threadneedle
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Nikhil Rathi reappointed as FCA chief executive
Rathi took up the role in October 2020