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.
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Investec Structured Products’ latest range of plans is now available for investment through to mid-August.
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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.
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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.
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Investec Investment Banking has made three senior hires for its closed-ended funds team.
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Bradley George is to take on Investec’s global energy strategies on an interim basis when the current managers leave on 1 July.
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Investec AM has recruited Victoria Harling from Nomura to work on its emerging market debt strategies.
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Morgan Stanley has launched, and Investec Strucured Products is about to launch, a structured product based on the performance of the FTSE 100 index.
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Philip Rodrigs is to take over the Investec UK Alpha Fund from current manager Ken Hsia.
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Investec Asset Management is to launch two multi-asset managed solutions funds as part of a realignment of its product range ahead of RDR.
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On Monday, Investec will unveil its FTSE 100-backed structured product that matures in February 2018.
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Investec Bank has agreed a share buy-out and cash deal to acquire Neontar Ltd, owner of a leading Irish wealth management firm.
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