UBS rogue trader named
Trader Kweku Adoboli has been held over unauthorised trading at UBS’s investment bank resulting in a loss worth an estimated $2bn (£1.3bn).
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People Moves
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Former Henderson FoF head Mark Harris joins Eden Financial
Mark Harris has joined Eden Financial to help expand its fund of funds proposition.
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Ignis Advisers expands investment team
Ignis Advisers has recruited five people for its team of multi-managers.
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Kevin Lilley leaves RLAM for OMAM European equity team
Kevin Lilley is to join Old Mutual as manager of its Euroepan Equity Fund.
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Schroders further expands its multi-asset team with new hire
Matthias Scheiber has joined Schroder’s as the third new senior recruit to its multi-asset team this
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Kleinwort Benson recruits head of strategic wealth planning
Kleinwort Benson has recruited its newest senior manager from Lombard Odier.
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Money market outflows drive Ucits assets down
Net inflows into Ucits funds plunged to €18bn in the second quarter of 2011, down from €30bn in Q1.
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Former Cofunds chief exec Williams joins Insynergy
The former chief executive of Cofunds is joining the board of boutique fund manager Insynergy.
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Nick Little named co-manager of the BlackRock UK fund
Nick Little has been promoted to co-manager of the BlackRock UK Fund, alongside manager Lyttleton.
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aegon asset management uk rebrands
Aegon AM UK has officially transformed into Kames Capital.
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Sanlam hires Cowen to head UK retail team
Sanlam has hired the ex-CIO of Titan Fund Management to run its UK retail investment team.
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F&C hires Hastie for private equity funds team
Stuart Hastie will join F&Cs private equity funds team as an associate director.