PEOPLE MOVES: 7IM, EQ Investors, Legal & General, HSBC AM, M&G
Double hire at 7IM
Candriam
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PEOPLE MOVES: Fecif, Candriam, Kingswood
European professional body elects chair, as multi-asset manager makes c-suite change
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PEOPLE MOVES: Credit Suisse, Investec, Indosuez WM
Swiss giant names group CEO, as investment firm shakes up c-suite
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PEOPLE MOVES: IWP, Fidelity, PGIM
IFA group makes c-suite change, as investment manager names head of ETF distribution for Europe
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PEOPLE MOVES: JTC, HSBC Retirement Services, Whitman AM
Financial services firm names private client COO, as life subsidiary appoints head of distribution
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PEOPLE MOVES: HSBC, Candriam, Intelliflo
Private bank names Emea head of Asia coverage, while asset manager hires head of UK distribution
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PRODUCT WRAP: Candriam, Nordea AM, DWS
A cancer treatment-oriented fund opens across Europe with 10% of fees going to research
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Candriam mainstream funds divest from controversial activities
The exclusion will include thermal coal, tobacco, chemical, biological and white phosphorus weapons
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Analysis: Are performance fees a fair deal?
Performance fees are often seen as a necessary evil. But the unambitious hurdle rates most funds employ mean fund managers also get rewarded for underwhelming performance. Is that fair?
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PEOPLE MOVES: Standard Life, Quilter Cheviot, Crowe CW
Standard Life’s chief executive for UK and Europe Pensions and Savings is to retire, with Quilter Cheviot’s chief executive announcing similar plans. Audit, tax and advisory firm Crowe Clark Whitehill sadly announced on Friday that its national head of private clients has died.