BlackRock to cut 300 jobs
BlackRock is to cut 300 jobs in a crackdown on poor performing managers, according to reports.
People Moves
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dalton brings japanese investment team in-house
Dalton Strategic Partnership (DSP) has established a subsidiary company in Tokyo in order to bring its Japanese equity investment capability in house, poaching a team from Funnex Asset Management in the process.
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promotion for oladimeji
Abi Oladimeji has been promoted to director at Thomas Miller Investment as the firm continues its expansion across private client and institutional bases.
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New regional sales manager for Baillie Gifford
Baillie Gifford has appointed a new sales manager for the South West and Channel Islands.
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New hire for Klienwort Benson
Kleinwort Benson has appointed Raj Hallen as portfolio manager in its managed funds team, the firm has announced.
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coup for old mutual as buxton quits
Schroders’ head of UK equities, Richard Buxton, is joining Old Mutual Global Investors in the firm’s biggest statement of intent to become a major UK player since its vast restructure over the past year.
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New hire for Charlotte Square
Kris Barclay, former associate director at Brewin Dolphin, has been appointed to the investment team at Edinburgh-based Charlotte Square.
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barings hires head of international product
Baring Asset Management has hired the former head of international product for Natixis Global Asset Management as head of product and fund development.
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sanderson appointment at 7IM
Seven Investment Management (7IM) has hired ex-Coutts & Co Stewart Sanderson as head of discretionary management as the firm looks to compete with private banks.
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Two senior hires for Esemplia
Esemplia, Legg Mason’s dedicated emerging markets firm, has hired two new senior investment staff.
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rbc loses head of investments maeter
Tracy Maeter, RBC Wealth Management’s head of investments – British Isles, has departed the firm to pursue another opportunity in the industry.
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jpm hires griffiths as head of wealth advisory uk
JP Morgan Private Bank has poached Coutts & Co’s Steve Griffiths as head of wealth advisory UK, responsible for providing guidance on wealth planning and wealth structuring strategies.
