Friends Provident International sale update
Rumours circling that deal has fallen through
Rumours circling that deal has fallen through
Firm increased payout budget by £175m
Three firms hire new CEOs and Nedbank Private Wealth names head of investments in Jersey
Aviva chief executive in shock departure
South African advice firm moves quickly to replace ousted chief executive
Aberdeen Standard bolsters Hong Kong team, Brewin Dolphin hires a CFO, retail sales shake up at LGIM
St James’s Place, Neptune and Aviva Investors are among asset managers with £657.7m ($869m, €744m) in three companies connected with US detention camps holding immigrants and their children.
Aviva has completed its exit from Spain’s life and pensions marketplace after selling its entire shareholdings in its joint venture operations in the region.
Standard Chartered names Singapore chief, Columbia Threadneedle veteran retires and Carrick Wealth promotes managing directors to head Africa business.
Indosuez appoints from within for chief executive, Old Mutual recruits from Aviva and Vanguard changes Australian leadership.
In a shock announcement the head of the UK’s pensions regulator resigns, Charles Stanley appoints an investment manager from Quilter Cheviot and Hawksford hires a former police officer.
While the AIMS Target Return Fund has delivered its volatility pledge, barely budging in reaction to China growth fears in 2015 and 2016, or to Brexit and the election of Donald Trump as president of the US, it has missed its return target by a significant amount.