Durrant and Philbin pair up
Former Skandia CIO Alan Durrant has paired up with renowned multi-manager specialist Richard Philbin for the launch of a boutique, Harwood Multi-Manager.
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People Moves
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schroders uk equity team split in two
Schroders has promoted Rory Bateman to head of UK and European equities, combining Richard Buxton’s former head of UK equities role with Bateman’s previous position as head of European equities.
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Beleaguered Co-op hires HSBCs Booker
Niall Booker has been appointed as the new chief executive of the Co-operative Banking Group days after the troubled bank suspended new business lending to protect capital.
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Ashcourt Rowan adds business director to roster
Ashcourt Rowan has named its latest high profile hire, appointing Steven Midgley as the first business director for Ashcourt Rowan Financial Planning (ARFP).
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Pain hired to ease RBS woe
RBS has drafted in former FSA managing director of supervision Jon Pain in a bid to salvage its reputation following a series of high profile transgressions including Libor fixing and misselling of PPI.
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Black rock poaches ubs uk small cap specialist
Daniel Whitestone has been named as a director of the BlackRock UK small/mid cap equities team, taking on the new role at the start of June.
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McGuckin to co-manage
Kames Capital has boosted the team on its High Yield Global Bond fund by promoting Claire McGuckin to co-manager alongside Phil Milburn.
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Vaughan exits Threadneedle for city sabaticle
Threadneedle's head of UK equity smaller companies Dan Vaughan has left the group, taking an extended sabbatical from the City.
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Charlie Eppinger departs as L&G acquires Cofunds
Cofunds' chairman Charlie Eppinger is stepping down from the business as Legal & General's acquisition of the platform completes.
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LG appoints new head of asset allocation
Legal & General Investment Management has appointed BNP Paribas' Emiel van den Heiligenberg as head of asset allocation.
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Peters takes over Legg Mason Value Trust
Mary Chris Gay has left her role as assistant manager of the Legg Mason Value Trust, which is managed by Sam Peters.
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Kelson takes step back at T Rowe Price
Arif Husain is to replace Ian Kelson as head of international fixed income at T Rowe Price International, taking on portfolio management responsibilities in addition to leading the investment team and process.