Invesco have announced the appointment of Mr. Martin Franc as CEO, Invesco Australia. Mr. Franc is responsible for building Invesco Australia’s business, which currently includes a premium institutional client base and a strong suite of domestic and offshore investment strategies. Mr. Franc brings to Invesco a strong
Read more →JP Morgan Asset Management has redesigned its sales capability in response to RDR to create a new global relationship management team that reports to the head of UK funds, Jasper Berens. Andrew Larkin has been named as head of JP Morgan AM’s brand new global strategic relationships
Read more →As the post-RDR charging landscape begins to emerge, it is reasonable to ask whether the FCA has done its job and lowered the cost of investing. Equally, if it has not lowered the cost, then has it at least made it more transparent? In the old model,
Read more →Aon Hewitt company McLagen has acquired wealth management consultancy Scorpio Partnership. Founded by Catherine Tillotson and Sebastian Dovey in 1998, Scorpio has extended its research and strategic wealth solutions proposition to 35 countries across the globe. According to the firm it has surveyed more than 30,000 ultra high
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 →St James’s Place, adviser networks including Sesame, Openwork, and Intrinsic, and Hargreaves Lansdown are set to emerge as the winners in the changing distribution landscape, according to research from Barclays. In an analysts note, Barclays argues large advice firms and platforms are set to succeed post-RDR as
Read more →Aviva Investors has appointed Friends Life chief investment officer Mark Versey as director of client solutions. Versey will take up the role in January and report to incoming chief executive Euan Munro. Munro departed Standard Life Investments in July to take up the role. Versey was at
Read more →UBS Global Asset Management chief executive and chairman John Fraser is set to retire from the firm at the end of the year. Fraser has been with the group since 1993, joining Swiss Bank Corporation in Australia before it merged with Union Bank of Switzerland in 1998
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 →Corporate inertia and more stringent regulators are stifling asset management innovation but this is also making firms tighten up product launches, a Create Research study says. Professor Amin Rajan, of Create Research, says the asset management industry did not make the transition from boutique industry to globalised
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