Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/new-model-adviser/article/a650628
Ashcourt Rowan hires business director
by Jun Merrett on Jan 14, 2013 at 10:27
Ashcourt Rowan Asset Management has appointed David Palmer business director.
Palmer was previously the founding chief executive of insurance company Generali's portfolio management business in London.
He will report to Ashcourt Rowan's group chief executive Jonathan Polin and managing director of the asset management arm David Esfandi.
Palmer’s role will be to drive the business's transition process to a new operating platform.
Palmer said the arrival of the retail distribution review (RDR) had given Ashcourt Rowan a great opportunity.
'With the RDR coming into force, there are tremendous opportunities for firms like Ashcourt Rowan which can demonstrate expertise across fund research, portfolio management and financial planning,' he said. 'I’m looking forward to working alongside the rest of the team as we build our business with retail clients and professional intermediaries.'
News sponsored by:
Today's top headlines
iShares: Time to shatter the ETF myths
As result of industry changes - the retail distribution review - and a growing focus on cost-efficient solutions, we anticipate the number of investors using ETFs will rise significantly over the coming years.
But as with any newer product, especially in the financial world, various misconceptions about ETFs have perpetuated over the years and iShares is committed to addressing and ultimately dispelling these.
More about this article:
More from us
- Polin leaves legacy issues behind to pour £50k into Ashcourt Rowan
- FSA fines Ashcourt Rowan £412k over investment suitability flaws