View more on these topics

Aberdeen’s McKenzie moves to JPMAM in push for fixed income

JP Morgan Asset Management has appointed Charles McKenzie as head of client portfolio management for Europe, Middle East & Africa in the global fixed income team.

McKenzie joins from Aber-deen Asset Management where he was head of fixed income for Europe, Middle East & Africa. Prior to this he was responsible for UK fixed income at Deutsche Asset Management.

In his new role, McKenzie will be responsible for client management, product design and new business development for the region.

JPMAM has £536bn in glo- bal fixed-income and curr- ency assets. It has been looking to build on its fixed income offering in the past few years.

It poached Bob Michele, who is now chief investment officer of global fixed income, curr- ency and commodities from Schroders in 2008.

Former Schroders global head of fixed income Nick Gartside joined in September 2010 and now runs the £462m strategic bond fund alongside Michele.

Ex-Gartmore head of fixed income John Anderson was recruited in April 2011 and has taken on the management of the £115m sterling corporate bond.

Chelsea Financial Services managing director Darius McDermott says: “JPM has built up a strong team in the fixed income market in the past few years and is now one of the leading players in the sector.”

Recommended

6

European Court of Justice says entire DFM service is VAT-able

The European Court of Justice has recommended all elements of discretionary management services, including dealing fees and commission, should be subject to VAT, which could see HM Revenue & Customs reassess its VAT treatment of DFM services. The opinion statement from the ECJ, published today, has gone against the expected outcome which predicted all discretionary […]

2

Ex-BofE deputy: less banker bashing and more growth

Former Bank of England deputy governor Sir John Gieve has argued regulators should focus less on attacking banks over bonuses and concentrate on encouraging an economic recovery. The Daily Telegraph reports that while Gieve gave moral support for the crackdown on banks, the “softer policy options” of the US were doing more for re-introducing growth […]

Osborne to outline ICB banking reform in June

Chancellor George Osborne will set out plans for structural reform to the banking sector in line with the recommendations of the Independent Commission on Banking in his Mansion House speech next month. Osborne is set to deliver his speech on June 14. The move is expected to be signalled in tomorrow’s Queens Speech. The Treasury […]

1

Ticketus set to lodge £27m legal claim against Rangers owner Craig Whyte

Ticketus is set to launch a legal claim against Glasgow Rangers Football Club owner Craig Whyte for £27m, according to BBC Scotland. Octopus Investments owns Ticketus, a London-based firm which provided Rangers with “working capital” in exchange for future season ticket sales through its protected EIS. Ticketus claims Whyte gave personal guarantees in connection with […]

Japan: mid-year review and outlook

By Chris Taylor, Manager of the Neptune Japan Opportunities Fund H1 2014 Economy: after a harsh winter that slowed activity in the economy, the main event of the first half of the year has been the debate over what impact the 1 April VAT hike from five to eight per cent would have; we are […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com