PEOPLE MOVES: Aviva, Ardan International, Vistra
Three firms hire new CEOs and Nedbank Private Wealth names head of investments in Jersey
Three firms hire new CEOs and Nedbank Private Wealth names head of investments in Jersey
Middle East departure at Guardian Wealth and chief executive changes at Banque Havilland and Syz
D2C investment platform had been considered one of the industry’s cheaper offerings
Charles Stanley Direct has booted Woodford Equity Income from its preferred funds list on concerns about its exposure to early stage companies.
AJ Bell has brought in a legal ringer ahead of its initial public offering, Charles Stanley has bolstered its Edinburgh office with three ex-Tilney people and Intertrust has appointed a director to support clients who need to defer bonus payments.
Allegations of money laundering and corruption have brought down the chief of the South Africa Revenue Services’ business and individual tax division. Senior changes at Fidelity International put a new face in charge of its continental European business, while Charles Stanley is targeting improved intermediary relationships with two hires.
The bulls and bears are out in force, divided over the prospect of a market correction in the near future, but is it wise to hedge equity exposure or is good old-fashioned diversification the way to go?
Charles Stanley has launched five new multi-asset funds as part of a new Personal Portfolio Service for smaller clients.
Charles Stanley has launched a new Political Stability Index to help investors assess the level of risk in the major developed stock markets.
BlackRock has hired former chancellor George Osborne for a part-time role. Pimco has named a head of Asia Pacific and head of US global wealth management, while Manulife Asset Management has appointed a chief executive for Thailand.
A former Charles Stanley stockbroker was jailed for six years after pleading guilty to conning investors, including some of his friends, out of £1.2m ($1.5m, €1.4m) in a Ponzi scheme.
Swiss Life’s chief executive for Switzerland is to depart next year, with his successor already identified. Columbia Threadneedle has also named a chief executive, tasked with covering Emea and asset management. Legg Mason’s head of UK sales is set to depart, with a search underway for his replacement.