Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

RWC retail head Bennett joins F&C

RWC retail head Bennett joins F&C

F&C has hired RWC's John Bennett as part of a restructuring of its UK wholesale team.

Bennett (pictured),who was head of retail distribution at RWC, will join F&C as head of wholesale institutions, responsible for fund of funds,banks and fund buyers at financial institutions.

Bennett will work alongside Martin Weisinger, who has been appointed as head of wholesale, private wealth. Prior to RWC he was head of JPMorgan's institutional business for 15 years. Weisinger has been at F&C/Thames River for 11 years,and will be responsible for sales into private wealth firms,effective immediately.

Both will report to Rob Thorpe, head of consumer at F&C.

'The UK wholesale market is evolving rapidly and we recognise these clients are not one hollistic group,there are different types of wholesale clients with different needs,' Thorpe said.

RWC chief executive Dan Mannix added: 'Our assets under management have doubled to just under £6 billion today and we have net sales this year of well over £800 million including the launch of the RWC Global Enhanced Dividend fund which is seeing significant interest from across Europe in addition to the £80 million we raised at launch.  Its part of progress that some people will move on as the business develops.'

The new roles have been created following the restructuring of the UK retail team at the start of the year.

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 French fund CEOs: 'Brexit is a lose-lose situation for all of us'

French fund CEOs: 'Brexit is a lose-lose situation for all of us'

'We'll all lose out - but London is an international city, Paris is not.' Leading French asset management CEOs tell us what they think Brexit will mean for the investment business.

Play Henderson Eurotrust's Stevenson: dealing with European cynicism

Henderson Eurotrust's Stevenson: dealing with European cynicism

Tim Stevenson talks about where he finds his opportunities in the current environment in Europe

Play Mark Barnett - part 2: why I'm not buying Lloyds

Mark Barnett - part 2: why I'm not buying Lloyds

In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.

Read More
Wealth Manager on Twitter