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

View the article online at

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

by Eleanor Lawrie on Jul 16, 2014 at 09:34

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 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

Investing for income in a changing environment

With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

More about this:

Look up the fund managers

  • Jamie Bebb
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

More from us


On the road

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


Brewin revenues fall on trail switch

by Danielle Levy on Jul 23, 2014 at 08:15

Sorry, this link is not
quite ready yet