Artemis
Artemis has announced that ex-JP Morgan Asset Management UK head Jasper Berens is to take over from head of distribution Dick Turpin who is set to retire after a 30-year career.
Berens is slated to join Artemis in October at which point he will take over from Turpin before his retirement at the end of the year.
He announced he was leaving JP Morgan AM back in March after over 20 years at the firm, most recently serving as head of its UK division.
Turpin has looked after sale and distribution for Artemis since 2002. He is also a partner and member of the fund group’s management and executive committees.
He began his career over 25 years ago working for Merrill Lynch, followed by posts at Aetna and Barings.
Turpin then moved to ABN Amro Asset Management in 1998 where he became managing director of ABN Amro Fund Managers, which was subsumed by Artemis in September 2002.
St James’s Place
St. James’s Place, the wealth management group, has made several changes to its range of funds.
The changes, which take effect from 30 July 2018, include:
- Boston-based Steve Gorman of Wellington Management will be appointed lead manager for the Alternative Assets fund.
- Ken Hsia from Investec Asset Management will manage the Continental European fund and will co-manage the Greater European Progressive fund.
- The AXA Framlington Managed fund will be renamed the Balanced Managed fund. A blended management team of Ben Inker of GMO and Mark Baribeau of Jennison Associates will assume responsibility for this strategy.
- The team at Majedie Asset Management, managers of the UK & General Progressive and UK Growth funds, will be given additional flexibility to invest up to 20% of its strategy in overseas equities.
- The Schroder Managed fund will be renamed the Managed Growth fund for life, pension and international products.
Martin Currie
Martin Currie has poached from Blackrock as it confirms equities jack of all trades Tom Walker will retire from the business.
Walker, who leads the global long-term unconstrained team, will hand over responsibilities to Zehrid Osmani.
The team is responsible for $500m of assets under management.
Martin Currie told Portfolio Adviser the handover would take several months, but they said a date for Walker’s retirement had not been set.
AJ Bell head of active portfolios Ryan Hughes said Walker is experienced both in tenure and range of strategies he managed.
Walker has been responsible for Asian, US and global funds.
BlueBay
Global specialist fixed income manager, BlueBay Asset Management, has hired Stephen Thariyan to the newly created role of co-head of Developed Markets.
Based in London and reporting to Raphael Robelin, chief investment officer, Thariyan will work alongside Mark Dowding, also co-head of Developed Markets.
He will assume responsibility for the Developed Markets’ corporate credit investment process and help develop and grow BlueBay’s corporate credit strategies across investment grade, leveraged finance and convertible bonds.
Thariyan has more than 25 years’ experience as a credit investor, most recently at Henderson Global Investors where he was global head of Credit for the last ten years. Prior to this he spent 8 years as a senior portfolio manager at Rogge Global Partners and has also held roles at Natwest Markets and Chevron Corporation.
VanEck
VanEck is expanding its European ETF business with the appointment of Dominik Schmaus as product manager.
Schmaus will work with the team to develop innovative products and help to expand the range of products for European clients.
He is joining VanEck from Deka Investment GmbH, where he gained numerous years of experience in developing and implementing exchanged-listed index funds as a member of the ETF product management team.
Deloitte
Isobel Clift has joined Deloitte’s UK tax investigations team as a senior manager. Clift began her career in tax more than 18 years ago at the Inland Revenue where she qualified as a Inspector.
Her experience in the private sector has spanned more than a decade in both the Big four and a smaller tax advisory firm.
Clift provides specialist advice and assistance on all matters relating to dispute resolution with HMRC including enquiries into the tax affairs of individuals, corporates and owner managed businesses.
She has several years’ experience in assisting clients with voluntary disclosures to HMRC, particularly those relating to offshore assets.
