Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a654815

Aberdeen's Hemmings takes over as F&C's Tigue leaves AIC board

by Sarah Miloudi on Jan 31, 2013 at 13:33

Aberdeen's Hemmings takes over as F&C's Tigue leaves AIC board

Jeremy Tigue has stepped down from the board of the Association of Investment Companies (AIC) and will be replaced by William Hemmings, Aberdeen Asset Management head of closed-end funds.

Tigue (pictured), manager of the £2 billion Foreign and Colonial Investment Trust and F&C's head of global equities, has been one of the 12 AIC board members for the past nine years.

An AIC spokeswoman said the nine-year term meant members could not be re-elected.

Speaking about his appointment,Hemmings said: 'I am very pleased to join the AIC board, at a time of significant change for closed-end funds.

'There are undoubtedly considerable opportunities ahead as we broaden the shareholder base of the sector, but at the same time, investment companies face considerable regulatory challenges.'

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home


As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

The Citywire guide to investment trusts

Investment trusts have proved to be a highly effective way to invest in the market. Citywire has interviewed the experts to find out more.

Sponsored Video: Barings on investing in Frontier Markets


From Nigeria to Pakistan and from Kenya to Kuwait, frontier markets are catching investors' attention as never before.

More about this:

Look up the investment trusts

Look up the fund managers

  • Jeremy Tigue
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • William Hemmings
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

More from us

Archive

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet