View more on these topics

Chambers stands down as Man Investments CEO

Chris Chambers is stepping down as Man Investments chief executive in an announcement made by the group yesterday.

Chambers, who joined in March 2002, will be replaced by John Morrison, currently Man Investments head of marketing and client services.

The hedge fund arm of the Man Group will lose Chambers at the end of the month in what is said to be an amicable arrangement.

Industry understanding however, is that Chambers was overshadowed by Man Group chief executive Stanley Fink.

Fink says: “John Morrison has been working with Man Group for almost two decades and has done an outstanding job positioning Man Investments as a leading provider of alternative investments in the Asia Pacific region.

“On behalf of the Board, I would like to express my thanks to Chris Chambers for his contribution to the business during his time at Man and we wish him well in the future.”

Recommended

Standard distribution deals boost life and pension sales

Standard Life says its string of distribution deals is behind a 10 per cent increase in UK life and pension sales for the first six months of this year. UK life and pension business increased to 459m from 417m last year. Standard, which says it is on course to demutualise next year, saw a 22 […]

Wrapping up new business

Let me start by making a statement of the obvious. The world is changing and financial services is not exempt. Some changes are small and some are fundamental. Some are desired and some are forced on us.

HomeBuy not on the range

The HomeBuy Scheme is in turmoil, with confusion over how it will be implemented, who will be involved and whether those lenders willing to take the plunge will be ready for trials of the scheme in April 2006.

Open and shut case

Following the front page headline, Stop taping our teams, says FSA, (Money Marketing, August 11), I have just used the link to the FSA’s website and find the whole thing almost unbelievable – almost because nothing coming from Canaryland shocks me any more. This hysterical tone seems to indicate that the FSA has something to […]

Guide front cover - thumbnail

Guide: how to… audit your auto-enrolment scheme compliance

As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment