Given the pending reality of the RDR we have had an obvious focus (both in terms of articles and client work commitments) to the UK retail fund market , there are however a number of really interesting ‘RDR type’ discussions taking place in other regions where we work
Read more →Investec has launched a diversified growth fund, managed by Philip Saunders, as part of its creation of a new range of risk-rated funds ahead of the RDR. The Investec managed solutions range is made up of four funds. Alongside the newly launched Investec diversified growth fund sits
Read more →Old Mutual Asset Managers UK and Skandia Investment Group (SIG) are to be merged into a single business, to be headed by Julian Ide. According to parent company Old Mutual, the combined business will be “the investment engine” behind its wealth management business. Ide, who is currently
Read more →BNY Mellon has appointed PeterPaul Pardi as the global head of distribution for its investment management business. Pardi will be based in London and report to Curtis Arledge, chief executive of BNY Mellon Investment Management, and Mitchell Harris, president of BNY Mellon Investment Management. He replaces Paul
Read more →European asset manager Carmignac Gestion is to launch a range of 10 funds for UK investors as it opens its London office. The asset manager will target wealth managers, family offices, private banks, IFAs and institutional clients. Eric Helderlé, managing director at Carmignac Gestion, says: “The depth
Read more →“Vanguard has hired three regional sales people ahead of the retail distribution review and its long-awaited entrance into the UK exchange traded funds market. Matthew Hendy and Andrew Walker have both joined Vanguard from HSBC, and will cover the South West England and East England respectively. Tanya Allerton will also be
Read more →RDR focus on cost ‘will see closet trackers ousted’ ‘Closet trackers’ will be ousted as the RDR’s focus on investment costs causes clients to demand genuine alpha managers, according to experts. “Panelists at this week’s FT Intermediary Forum (pictured) said the spotlight will turn on active fund
Read more →Compare SMSF is an online network of Self Managed Super Fund members, and those considering setting up their own SMSF(in Australia). Fishtank Solutions created this on-line community in 2007, recognising that investors had a real appetite for information (including the experiences and opinions of like investors), before
Read more →Alain Dromer, chief executive of Aviva Investors, is set to leave Aviva as part of the group’s “new, flatter organisation”. Alain Dromer The move is part of a wider strategy to “simplify and bring more focus to the business”. A successor to Dromer will be sought,
Read more →Shaun Meadows, group product and channel strategy director at Aviva Investors, has left the group “to pursue other opportunities”, according to the group. His responsibilities have been assumed by other senior members of the global business development team. Meadows took up the role in May 2010 and
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