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/a758062

RWC retail head Bennett joins F&C

by Eleanor Lawrie on Jun 20, 2014 at 14:08

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 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:

Archive

On the road

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

Sorry, this link is not
quite ready yet