Aberdeen Asset Management’s recently-hired global head of distribution Campbell Fleming has made a series of hires to its global distribution team, including former Artemis head of UK retail Richard Pursglove and industry veteran John Campbell. Pursglove, who joins Aberdeen today, has been hired on an interim, advisory
Read more →Aberdeen Asset Management Chief Investment Officer Anne Richards is to take over as chief executive at M&G Investments, the fund arm of insurer Prudential. The move is set to be completed later in 2016, subject to regulatory approval. Richards joined Aberdeen after it bought Edinburgh Fund Managers
Read more →August to October saw another quarter of significant growth with 48,000 activity/ mentions (a 17% increase vs the previous quarter) across the cohort of wealth management Brands included in this research. Wider UK industry activity/mentions grew by 8% for the quarter (off a much larger sample base
Read more →Aberdeen Asset Management has bought fund manager Scottish Widows Investment Partnership from Lloyds Banking Group in a £650m deal as part of a “strategic partnership” with the lender. The fund manager is acquiring SWIP via the issue of 131.8m new shares to the state-backed bank worth £550m
Read more →Protected: UK Investment Management Social Media Intelligence – Detailed Findings (subscribers only)
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Read more →Earlier this month Fishtank released our most recent ‘Social Media Intelligence – Retail Distribution Review (RDR) UK’ Report covering the months of November, December and January 2013. Findings from the current quarters research continue to confirm that relevance of Social Media across the industry, and the increasing
Read more →Life assurance firm Phoenix Group has rejected a raft of takeover bids for Ignis said to be in the region of £400 million, according to reports. According to Sky News, the bids were made at the end of last year with the news broadcaster claiming Aberdeen Asset Management
Read more →The IMA has reshuffled its board, swapping senior representatives from Newton, Lazard and Aviva Investors for others from Fidelity, LGIM, Henderson and Aberdeen. Hugh Mullan, UK managing director at Fidelity, who this week was named responsible for Fidelity FundsNetwork following the departure of David White, is one
Read more →Credit Suisse asset management (CSAM) saw pre-tax income fall 37% to CHF133m in Q2, compared to the same period last year, despite realising gains from the partial sale of its stake in Aberdeen Asset Management. The department also saw CHF400m of inflows into alternative investments in emerging
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