Investec Asset Management is the latest group to launch a range of clean share classes ahead of the year-end RDR deadline. The group is in the process of launching 39 share classes for its £10bn UK OEIC range with an annual management charge of 0.75% – half
Read more →Four major fund houses have joined forces with technology provider IFDS to white-label enhanced on-line propositions for their existing direct customers ahead of the Retail Distribution Review (RDR). Schroders, Threadneedle, Jupiter and Henderson want to provide more tools for clients to manage their investments online so they have approached
Read more →Aviva Investors has named Paul Abberley as interim chief executive, following the departure of Alain Dromer. The company will continue to recruit for a permenant CEO internally and externally. Abberley, who is currently chief executive of Aviva Investors London and global investment solutions, will assume responsibility for
Read more →Andrew Moss has resigned as chief executive of Aviva following an investor dispute over pay and performance. Mr Moss, 54, has resigned with immediate effect. His executive responsibilities will be taken over by former ANZ chief executive John McFarlane, the incoming chairman. Further reading: Aviva CEO third
Read more →SVG Investment Managers (’SVGIM’) has announced the appointment of Theresa Russell as Head of Sales and Marketing, with immediate effect. As per the SVG press release, “In her new role, Theresa will be responsible for increasing the investor base and assets under management across all SVGIM’s products.
Read more →Franklin Templeton Investments Australia Ltd. has hired Joe Marassa as head of marketing. Marassa joined the company last month and is working from Templeton’s Sydney office. He previously worked at Colonial First State and ING Investment Management where he was head of marketing. Source: Franklin Templeton hires a
Read more →Neuberger Berman adds distribution roles in HK, Singapore Neuberger Berman Asia has hired two business development directors in newly created roles to focus on selling to financial intermediaries, one in Hong Kong and one in Singapore, AsianInvestor can reveal. Mark Serocold started in Hong Kong this week,
Read more →Unigestion has announced a strengthening of its institutional presence in Germany, with the hiring of Reto Germann from Credit Suisse. Germann will work with the $13.6bn Swiss manager’s institutional clients team focusing on Germany and Austria. Some 90% of Unigestion’s clients are institutional, the remaining 10 are
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
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