The latest Pridham report shows Artemis and Henderson have been among the biggest beneficiaries of the renewed interest in equity funds. The report comes on the back of recent Investment Management Association figures, which showed equity funds produced net sales of £8 billion in the first nine
Read more →Unless you have spent the last month in a black hole you would not have failed to miss what was described by one commentator as the biggest news “ever” to grace the asset management industry. Neil Woodford’s departure from Invesco Perpetual, where he ran over half of
Read more →Jupiter has hired former HSBC and Henderson man Richard Wilson as head of marketing. Wilson, who joins Jupiter during November, will have responsibility for the fund group’s global marketing strategy. He most recently worked at HSBC Global Asset Management and has previously held similar roles at Henderson Global
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 →ASX listed companies have now been obliged to monitor investor blogs, chat sites and other social media under ASX Continuous disclosures requirements since May 2013. Unfortunately it would appear the burgeoning social media monitoring industry has been overstepping marketing efforts, and the promotion of over-engineered solutions, in
Read more →Fishtank is delighted to announce the appointment of Gordon Phillips, as our new Head of UK Business Development. In this new role, Gordon will lead the Fishtank Business Development process across the UK Investment Management industry, building and expanding relationships with key industry executives. Gordon will also
Read more →A political drive to extend the EU bonus cap beyond the banking sector was stopped in its tracks as the bloc’s main legislative body narrowly voted against strict curbs on retail fund managers’ pay. In a landmark European parliament vote that will come as a great relief
Read more →Bank-owned asset management groups will be put at a “significant disadvantage” to independent and insurance-owned fund houses under new, divergent remuneration rules in Europe. From 2014, senior asset management staff at banking organisations will see bonuses capped at 100 per cent of fixed salary, or 200 per
Read more →Fidelity Worldwide Investment has appointed Michael Bargholz as managing director, Australia. He will report to Asia Pacific ex-Japan managing director Mark Talbot and takes up his new position immediately. Bargholz’s appointment follows the departure of former country head Gerard Doherty in March. Bargholz joined Fidelity in February
Read more →Ironbridge Capital, a private equity investor, has made a proposal to buy global wealth management software and technology company Bravura Solutions. In a statement to the Australian Securities Exchange this morning, Bravura announced it had yesterday received an “indicative, non-binding, conditional proposal” from Ironbridge Capital to acquire
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