IA appoints first chairman to ETF committee
The Investment Association ETF committee has appointed Lyxor Asset Management’s Adam Laird as its first chairman.
People Moves
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Gresham House adds investment trust guru to board
Alternative investment manager Gresham House has added investment trust specialist Rachel Beagles to its board.
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Jasper Berens to leave JP Morgan
Jasper Berens, head of UK funds at JP Morgan Asset Management, is leaving the firm to “pursue other opportunities”.
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Brewin Dolphin head moves to Brooks Macdonald
Brewin Dolphin’s head of finance Ben Thorpe has moved over to Brooks Macdonald as group finance director.
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Mark Mobius to launch his own EM fund
Mark Mobius is reportedly starting his own fund management firm and has also joined the investment committee of Mumbai-based venture capital firm Equanimity Investments, according to local media reports in India.
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Ex-Intrinsic CEO Freeman to finally retire from OMW
Old Mutual Wealth (OMW) has announced its chief distribution officer Richard Freeman will retire for real by the end of June this year.
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Old Mutual chairman leaves to join Saga
Old Mutual chairman Patrick O’Sullivan will be stepping down from his role after the firm’s managed separation is concluded to become the chairman of Saga Group.
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Arbuthnot Latham names investment heads in top brass shakeup
Arbuthnot Latham has appointed Coutts & Co alumni Colin MacKenzie and Dean Moore to key posts within its investment and wealth management divisions, following a top brass overhaul.
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The dangers of key man risk in investment trusts
What a difference a couple of weeks can make in the investment trust world. At the start of February, the River & Mercantile UK Micro Cap trust was trading a 16.2% premium to net asset value (NAV), following a strong run of performance, but that was soon to change.
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Wells Fargo AM continues multi-asset push with Schroders hires
Wells Fargo Asset Management has hired a pair from Schroders to fill key senior roles in its London-based multi-asset team.
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JPMAM’s Sheikh heads to Jupiter
Jupiter Asset Management has appointed JP Morgan Asset Management’s (JPMAM) Talib Sheikh as head of its multi-asset strategy.
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FSCS chair named
The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have appointed a chair of the Financial Services Compensation Scheme (FSCS), with Marshall Bailey replacing Lawrence Churchill.
