Old Mutual boss to step down
Old Mutual’s Julian Roberts has stepped down from his role after seven years and will be succeeded by Bruce Hemphill.
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People Moves
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Expect exodus from large wealth managers to continue – ifp
Financial services professionals will continue to leave wealth management heavyweights in favour of the relative freedom of smaller firms, according to IFP chief executive Steve Gazzard.
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Axa appoints permanent health manager
Axa Investment Managers has appointed a permanent head of its two health funds, nine months after the former manager resigned.
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Peter hargreaves steps down
Hargreaves Lansdown co-founder Peter Hargreaves has stepped down from his role on the firm’s board, effective immediately.
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Seneca AM hires CEO, names CIO
Liverpool-based Seneca Asset Managers has hired David Thomas, ex of Momentum Global Investment Management as its new CEO, while also naming its new chief investment officer.
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GHC brings in asset allocation chairman
GHC Capital Markets has announced the appointment of a new chairman to its asset allocation committee.
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Jupiter’s Ian McVeigh to move from managing UK Growth Fund
Ian McVeigh will step back from day-today fund management, including management of the Jupiter UK Growth Fund at the end of April, to assume the newly created role of head of governance at the firm.
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OMGI hires EM debt head
Old Mutual Global Investors is to bring management of its OM Local Currency Emerging Market Debt Fund in-house following the appointment of a head of EM debt.
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Troy Income Growth Trust appoints comanager
Troy Income and Growth Trust has announced the promotion of Troy Asset Managements Hugo Ure to co-manager.
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New roles nonexecs and other moves
Rathbones and OMW created new executive positions, Odey’s former CEO Stewart moved to Hargreave Hale and Julius Baer and Tilney Bestinvest expanded their adviser teams.
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Trevers resigns following Invesco EMEA shuffle
Ian Trevers has resigned from Invesco Perpetual following the firms consolidation of its EMEA retail and institutional divisions.
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Hendersons Bennett joins Rangers board
Henderson Global Investors John Bennett has joined the board of Rangers FC as a non-executive director.