PEOPLE MOVES: OMW, Phoenix Group, AMP
Old Mutual Wealth appoints an industry veteran to its specialist pensions team, the Phoenix Group chairman announces his retirement and embattled AMP appoints an executive chairman.
SEI
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SEI Wealth Platform adds £10bn assets in 2017
SEI Wealth Platform increased assets under administration by £9.3bn to £41.4bn ($57.6bn, €46.7bn) in 2017, its parent company has reported.
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PEOPLE MOVES: Old Mutual Wealth, Enhance Group, LGT Vestra
Wealth management firm Old Mutual Wealth gears up for its proposed demerger and listing on the London and Johannesburg Stock Exchanges next year with a flurry of top level appointments. While Jersey-based wealth consultancy Enhance Group gets a new chief executive and chairman.
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Man Group closes Dubai office, to serve Middle East from UK
Man Group, the world’s biggest listed hedge fund, plans to close its office in the Dubai International Financial Centre and service its Middle East clients from London.
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UK fintech start-up to launch straightforward robo-adviser
Robo-advice and investment service Munnypot said it plans to launch a financial advice service to the UK market in the autumn that offers straightforward advice using simple language.
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PEOPLE MOVES: HM Treasury, Axa IM, Brooks Macdonald
The UK Treasury is on the hunt for a director general to help navigate the post-Brexit landscape, Axa Investment Managers has added to its UK equities desk, while Brooks Macdonald has strengthened its Channel Islands team.
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Elian partners SEI to offer customised investment management
Global corporate services provider Elian has formed a partnership with SEI to offer an investment proposition to clients, after getting an investment business licence from Jersey’s financial regulator.
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SEI Middle East head to jump ship
SEIs Dubai managing director Jahangir Aka is to leave his post later this month to take up the position of managing director of Neuberger Berman in the Middle East and North Africa.
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Powerful protection Fund distributor with SEI
SEI uses its unique position as a fiduciary within its pension business to provide it with the ability to offer a holistic management service. SEIs head for the Middle East, Jahangir Aka, explains to Mark Battersby
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Pressure on gcc employers to outsouce
A third of companies in the Gulf Cooperation Council are considering outsourcing all of their end of service benefit arrangements, according to a survey by SEI Investments.
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European wealth managed by 3 firms
Wealthier clients use a greater number of advice firms
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fca fines sei nearly for client money failings
SEI Investments has been fined £900,200 by the Financial Conduct Authority for client money breaches.