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.
F&C adds low-risk fund to multi-asset range
F&C Investments plans to add a fifth fund to its multi-asset, risk-targeted Lifestyle range at the end of the year.
BlackRock UK Focus fund quadruples its assets in a day
The BlackRock UK Focus fund has swelled from less than £50 million of assets under management to nearly £200 million in just one day.
James Burns: how Utilico EM is plumbing into emerging yield
Emerging markets have struggled but Utilico EM has posted strong performance.