stopford king take managed distribution from mundy
Alastair Mundy has handed over the £70m Managed Distribution Fund to John Stopford and Max King.
Alastair Mundy has handed over the £70m Managed Distribution Fund to John Stopford and Max King.
Investec Structured Products’ latest range of plans is now available for investment through to mid-August.
Investec’s wealth and investment business saw AUM increase 18.1% in the year to 31 March to £34.8bn, as total third party AUM for the group neared £100bn.
Ex-Martin Currie sales manager Fergus McCarthy has joined Investec Asset Management in a new role as sales director, UK strategic partnerships, as the company aims to tap into post-RDR opportunities with both IFAs and restricted advisers.
Investec Investment Banking has made three senior hires for its closed-ended funds team.
Bradley George is to take on Investec’s global energy strategies on an interim basis when the current managers leave on 1 July.
Investec AM has recruited Victoria Harling from Nomura to work on its emerging market debt strategies.
Morgan Stanley has launched, and Investec Strucured Products is about to launch, a structured product based on the performance of the FTSE 100 index.
Philip Rodrigs is to take over the Investec UK Alpha Fund from current manager Ken Hsia.
Investec Asset Management is to launch two multi-asset managed solutions funds as part of a realignment of its product range ahead of RDR.
On Monday, Investec will unveil its FTSE 100-backed structured product that matures in February 2018.
Investec Bank has agreed a share buy-out and cash deal to acquire Neontar Ltd, owner of a leading Irish wealth management firm.