Axa Investment Managers has appointed a new head of insurance solutions for its UK operations. Investec Asset Management has added a portfolio manager to its multi-asset team, while Standard Life International has created a new head of institutional sales role in Japan.
Columbia Threadneedle hires a new director of the Middle East, while Theam, a BNP Paribas Investment Partners unit, names a head of ETFs and indexed funds. David Ennett leaves Standard Life Investments to join Kames Capital.
On what has been a very trying day for Switzerland-headquartered BSI Bank, the company’s chief executive has stepped down with immediate effect. BlackRock has poached its new senior managing director from a Canadian pension fund, while Aegon’s managing director for retail is to retire after 30 years with the company.
Nearly a quarter of shareholders voted against Standard Life’s remuneration package, despite the company’s chief executive Ketih Skeoch agreeing to a last-minute pay cut.
UK adults spend more time organising their music collections, photos, and wardrobes, than they do reviewing their pensions and long term savings plans, according to research from investment savings specialists Standard Life Savings.
In an east-west asset management partnership, SLI and Shenzhen-based Bosera International launched the Emerging Opportunities Bond Fund in Hong Kong on Monday.
Axa has agreed to sell its wrap platform business to Standard Life and has confirmed it is in talks to dispose of its remaining UK life and savings assets.
Standard Life Investments has appointed a chief executive and representative director in Japan, Quilter Cheviot has created a new head of business development role, while Lombard Odier IM has strengthened its German and Austrian sales team.
The ‘smaller company paradox’ says that over the longer term, smaller company returns have outstripped those of their large-cap peers – but looking ahead this should be seen as a structural longer-term trend, not a short-term anomaly
The UK and Qatari regulators have made senior appointments, while Standard Life Wealth has split its head of business management role in two. Bordier & Cie have poached a senior planner from Aspinalls and are venturing into wealth planning, while Baring AM has appointed a new director.
UK investors have historically shunned offshore funds as being vehicles for tax avoidance, existing in an alternative regulatory regime, or simply for being unavailable – but today, all of that has changed.
Standard Life’s 1825 has announced its third acquisition in three weeks after agreeing to buy London-based IFA Baigre Davies – shortly after confirming the purchase of Scottish wealth management advice business Munro Partnership and Norwich-based Almary Green.
