Justin Urquhart Stewart to retire from 7IM
Sole remaining founder to become ambassador for the business
People Moves
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Merian and Schroders to restructure and cut jobs
Announcements come hot on the heels of reports Gam is also looking to shed staff
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Investec Wealth & Investment nabs Bristol head from Brewin
Alex Barrell will head up a team moving offices from Bath to Bristol
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Invesco sets out ETF growth plans as it nabs Blackrock hire
Ambrice Miller has a history in institutional sales and securities lending
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Kames brand to be dropped in favour of Aegon
Investment teams to be organised globally to create £300bn powerhouse
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Gam Investments poised to axe hundreds of roles
Restructure could hit 40% of jobs prompting questions over whether the firm is overstaffed
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Sanford Deland reveals Rosemary Banyard replacement on Free Spirit
Ex-Schroders manager stood down from SDL in autumn
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Gam investment head becomes latest senior exit
Swiss manager has been hit by massive redemptions since Tim Haywood’s suspension
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Quilter Investors promotes Dean Bowden to managing director
Move frees up CEO Paul Simpson to work closer with the investment team
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Embark nabs ex-7IM operations chief for Zurich acquisition
Phillip Bungey had been reported to be retiring in February
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Zurich boss joins Benchmark Capital as it faces strong demand
David White was previously head of Fidelity Fundsnetwork
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Link lassos ex-Blackrock boss as chairman amid Woodford fallout
Tony Stenning added to ACD’s fund board