Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

Royal London hires ex- Swip manager as Co-op trio depart

Royal London hires ex- Swip manager as Co-op trio depart

Royal London Group has hired former Swip UK equity manager Jon Bale, while three managers have left following the £219 million acquisition of the Co-operative Banking Group's fund management and life insurance businesses.

Simon Yarwood, who was head of trading in equities and derivatives at Co-operative Asset Management and who ran the FTSE4Good tracker fund, recently left the business, alongside the AA-rated manager of CAM's Corporate Bond Income Trust Jamie Bebb. Meanwhile, portfolio manager Elaine Fox has also exited.

A spokesperson for Royal London confirmed the departures and said they were prompted by 'the duplication of teams and the decision to locate all of our fixed income activities in the one team in London'  .

Bale will join the sustainable investment team in the North West, which forms a specialist offering for clients and also helps with stewardship and company engagement.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Investment Pulse: the highs and lows of 2014

Investment Pulse: the highs and lows of 2014

This week's Investment Pulse looks back at some of the biggest stories of the year as well as looking forward to 2015.

Play Inside ETFs: Why the US bull-run still has legs

Inside ETFs: Why the US bull-run still has legs

Global equities suffered a sharp sell-off in the third quarter but exchange traded fund investors are continuing to back the US to outperform in 2015

Play Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter