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After 1,200km…

After 1,200km of arduous cycling across France, members of the Invesco Perpetual UK equity team completed the Octopus Super Challenge Cycle-a-thon in one piece. Neil Woodford and colleagues Stephen Anness and Nick Hamilton (right) negotiated some challenging terrain but a lot of strategically placed padding saw them home. They set off from Esparon in Southern France on September 10 and crossed the finishing line in Notting Hill a week later, raising 115,000 for charities such as Cancerbackup and The Shooting Star Children’s Hospice.


Webb returning as head of distribution at Hermes

Former Invesco Perpetual chief executive Mike Webb is making a comeback after a two-year break from the industry to join Hermes Pension Management. Webb, who headed distribution at Invesco after stints with GT and Prolific, returns in a similar role at Hermes. Hargreaves Lansdown head of research Mark Dampier says: “Mike Webb knows the retail […]

Another throw of the dice

Risk Helen Pow assesses the return of investors to riskier areas of the markets

Eurolife puts Nvesta up for sale

Eurolife Assurance Group, which went into administration in August, has confirmed it has put subsidiary Nvesta up for sale. Nvesta has around £120m held in structured products on its book.

Friends Provident appoints new finance chief

Friends Provident has appointed a new group finance director to take over from Philip Moore on November 13.Jim Smart previously group chief financial officer at Boots Group before the merger with Alliance Unichem will be stepping into the role and will join the board on January 1 2007 subject to FSA approval.Philip Moore will succeed […]


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