Funds & Fund Managers
You're hired: 22 eye-catching moves from last month
April was a bumper one for hires and exits in the wealth and fund industry. We pick out some of the standouts.
Aberdeen's Spencer reunited with Burdett & Potter at F&C
F&C has hired Scott Spencer from Aberdeen, reuniting him with former Credit Suisse colleagues Rob Burdett and Gary Potter.
Foreign & Colonial awards £250m portfolio to Potter and Burdett
Foreign & Colonial investment trust has awarded a £250 million global equity mandate to F&C’s multi-manager team
Investment manager bonuses to be paid in own fund units
40% of bonuses will also be deferred under legislation that aims to better protect investors.
Fidelity’s Richard Skelt retires after 23 years
Richard Skelt has retired from Fidelity after 23 years at the firm.
Super Mario Kart helps drive Lindsell Train IT's returns
Nintendo has helped power the Lindsell Train Investment Trust’s returns in the fourth quarter after rising by 16% in October alone.