JOHCM’s John Wood to retire
John Wood, lead manager of the £1.8bn JOHCM UK Opportunities Fund, is to retire from the industry on 30 September.
People Moves
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Woodford reunites with Invesco distribution head
Woodford Investment Management has recruited from Invesco Perpetual for its new head of third party relationships.
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Saunderson House hires ex-Close man to head discretionary arm
Saunderson House has appointed a former Close Brothers Asset Management managing director to head its new discretionary management service.
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Tucker to earn £1.5m as new HSBC chairman
HSBC shares spiked upwards by 0.87% to 627.6p in early trading as Mark Tucker was named the new group chairman designate at the banking group.
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T. Rowe Price poaches sales duo from Neptune
T. Rowe Price has poached two distribution staff from Neptune Investment Management.
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SLI equity head David Cummings steps down
Standard Life Investments has announced David Cummings, head of equities, has decided to leave the firm to pursue other interests.
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New CIO global asset allocation for UBS WM
UBS has moved Andreas Koester from the UBS Asset Management division of the group to its wealth management chief investment office (CIO).
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RWC hires ex-Stonehage Fleming CIO
RWC Partners has hired the former investment chief at global family office Stonehage Fleming to boost its senior management team in recognition of a rapidly changing market backdrop.
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Morningstar IM names new multi-asset head
Morningstar Investment Management has recruited Mike Coop as head of multi-asset portfolio management for Europe, the Middle East and Africa (EMEA).
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Angus Tulloch announces retirement from fund industry
Respected fund manager Angus Tulloch has announced he will retire from Stewart Investors this September after nearly 30 years in the investment industry.
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Canaccord Genuity swoops for Duncan Lawrie IoM clients
Canaccord Genuity Wealth Management has acquired more than 100 Isle of Man client portfolios from Duncan Lawrie Private Bank.
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Macquarie expands global multi-asset team with EM specialist
Macquarie Investment Management, the asset management arm of Australia’s Macquarie Group, has expanded its global multi-asset team with the appointment of Gyula Tóth as senior investment manager.