Castlestone to close its business and its Ucits funds
Castlestone is to liquidate its business and close its Dublin-domiciled fund range.
Industry Moves
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Barings expands emerging market debt team
Barings has added to its emerging market team, following its April hire of a new head of Asia debt.
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Mercer appoints EMEA investment strategist
Mercer has appointed ex Credit Suisse trader, Paul OConnor as head of asset allocation.
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HSBC to hire 15,000 in emerging markets
HSBC plans to hire 15,000 staff in emerging markets by 2014.
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Henderson rings changes to multi-manager fund range
Henderson has made formal changes to the management structure of its multi-manager range
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Threadneedle strengthens US equity team
Threadneedle has recruited a US equity manager and an analyst with one more manager to be appointed.
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Andy Fay takes over Close AM wealth management division
Steve Mendel is to stand down as head of Close AM’s wealth management division at the end of this we
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Threadneedle expands emerging markets team
Threadneedle has added a Latin American and an Asian specialist to its emerging market equities team
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Jonathan Polin and Ignis to part company
Jonathan Polin is to leave as sales and marketing director at Ignis Asset Management in July.
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PA ANALYSIS: Is Ignis on Gartmore’s path to self-destruction?
Ignis needs to manage its current strategy very carefully as senior figures continue to leave.
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Gardner and Ho step up in Legg Mason Asia team changes
Julia Ho and Keith Gardner will assume Rajeev De Mello’s Asian bond responsibilities from mid-June.
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Argonaut recruits first chief operating officer
Argonaut has named its first chief operating officer as it brings its day-to-day business management
