Former Hargreaves veteran Lee Gardhouse returns to industry with Moai Wealth
Will be joined by a team including Jessica Miller
People Moves
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Peter Hewitt to retire from fund management
Hewitt has managed the CT Global Managed Portfolio investment trust since its launch in 2008
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M&G appoints Martin Towns as real estate head
Current head Tony Brown is set to retire end of June
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Allspring Global Investments appoints Kate Burke as CEO
Kate Burke takes over from Joe Sullivan, who becomes chair of the board
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Small-cap specialist rejoins ex-Fidelity colleague at Goodhart Partners
Richard Tennant to reunite with Russell Champion
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Euan Munro exits CEO role at Newton IM
CEO Euan Munro and CIO Mitesh Sheth leaving the firm
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James Rainbow joins St James’s Place Wealth Management as CEO
Rainbow previously headed up UK distribution at Schroders
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Morningstar appoints Ninety One EMD manager to multi-asset research team
Michael Diamantopoulos spent two decades at Ninety One before exiting last year
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Liontrust poaches distribution head from GAM
Phil Rosenberg will expand Liontrust’s client base in the Middle East and Asia after 14 years at GAM Investments
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GAM outsources EM debt offerings as McNamara retires
Paul McNamara announces his retirement after 28 years in asset management
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Troy Asset Management promotes Yonge and Boniek to co-managers
Charlotte Yonge and Tomasz Boniek have been named co-managers on Troy’s multi-asset and global income mandates respectively
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Fidelity Japan Trust manager Nick Price to retire
Price spent 30 years with Fidelity after joining the firm’s Tokyo office in 1993