LandG takes on Aviva manager for multiasset team
Legal and General has hired Aviva Investors fund manager Andrzej Pioch for its multi-asset team.
United Kingdom
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rehlaender quits EII schroders takes funds inhouse
Rehlaender, who managed three global property funds, has resigned weeks after Schroders announed it was taking the Global Property Securities funds in-house.
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aum up 3pc in q2 riverandmercantile
In its first update since listing on the London Stock Exchange, River & Mercantile said it recorded a 3% increase in assets under management to £17.4bn in the second quarter this year.
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Charles Stanley posts disappointing numbers
Charles Stanley Groups directors said they are disappointed with the companys performance during the last quarter in an interim management statement.
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MG Felton plans cash in on Shire and Kentz
M&G Investments’ Mike Felton is set to book a substantial -and timely- cash windfall when takeovers of two of his funds big holdings are finalised later this year.
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uk opportunitie fund follows himsworth to fidelity
Fidelity Worldwide Investment is acquiring the City Financial UK Opportunities Fund.
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FundCalibre lines up 39 backers ahead of launch
Days from the launch, Chelsea Financial Services’ new rating service is supported by 39 companies in the industry.
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alliance trust launches pair riskrated sri funds
Alliance Trust Investments has added two new risk-profiled funds to its Sustainable Future fund range and will be available for investors from 24 July.
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RDR compliant reports creating headache
Producing RDR compliant investment reports for clients is a major concern for the majority of wealth managers, a new survey has revealed.
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Ashcourt COO leaves amid board reshuffle
Ashcourt Rowan announced today COO, Richard Sinclair, has stepped down with immediate effect.
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Is a Tesco turnaround on the cards
As Tesco CEO Phil Clarke steps down and is replaced by former Unilever executive Dave Lewis the supermarket sector is more cut-throat than ever, and it is far from clear whether a change at the top will revive the companys fortunes.
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bestinvest spot the dog funds feature nimmo
The twice-yearly naming and shaming by Bestinvest has grabbed Standard Life’s UK Smaller Companies fund and thrown it in the kennel.