Legg Mason has appointed Rick Andrews as head of International Marketing, reporting to Matthew Schiffman, global head of Marketing. Andrews joins from Aviva Investors, prior to that he worked among others at Blackrock, Credit Suisse, Cofunds and Merrill Lynch Investment Managers. Source: Investment Europe. Read full article
Read more →RWC – The investment management firm has appointed Matteo Cianfoni and Roderick Loffler to its sales team. Cianfoni was responsible for Italian sales at GLG, and has previously held roles at Morgan Stanley. Loffler has been at RWC for three years, and joins the sales team from
Read more →Edward Bonham Carter is to stand down as group chief executive next March and will be replaced in the role by Maarten Slendebroek. Bonham Carter, who has been at Jupiter for nearly 20 years, will remain with the group in an executive capacity as vice chairman, reporting
Read more →Towers Watson and Pensions & Investments have published their latest annual global 500 ranking of the world’s largest asset managers. Highlights from this year’s report include: Assets managed by the world’s largest 500 fund managers rose by over 8% to US$68 trillion in 2012, making up any lost
Read more →Rachel Lord has swapped a corporate equity derivatives job with Citigroup to become head of iShares, Europe, the Middle East and Africa with incumbent Joe Linhares returning to the US for a brand new role. After three years as head of iShares EMEA, Linhares is to return
Read more →BMO Financial Group (BMO) will expand its asset management business into Australia, operating as BMO Global Asset Management. BMO’s Australian branch will be based in Melbourne under the direction of Ravi Sriskandarajah, the former head of institutional business at BlackRock. Sriskandarajah has more than 15 years of
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Read more →David Bower has joined Invesco Perpetual as head of marketing for the EMEA region. Bower will have responsibility for the development and management of all marketing capabilities across the EMEA region and will report to head of distribution, Ian Trevers. Bower joins Invesco Perpetual from Blackrock, where
Read more →Interesting article in Wealth Manager today reporting that Standard Life has struck a deal with 12 fund groups (G12) to market them more heavily to advisers. Wealth Manager understands that Standard Life already has the deal in place with the 12 groups, but is set to go
Read more →Investec’s recently announced 75 basis point model falls in line with several other groups which have already declared how they will charge clients post-RDR. BlackRock, Rathbones, Schroders and London-based boutique City Financial are just some of those which have chosen the ‘fully clean’ 75 basis point route,
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