View more on these topics

Chartwell backs Kitchen replacement at Invesco

News of Invesco Perpetual Income & Growth fund manager Graham Kitchen&#39s departure does not worry Chartwell Asset Management.

Chartwell is backing his replacement Andy Jones, Kitchen deputy of 5 years will take responsibility for the Income & Growth unit trust, Martin Walker will take over the UK Equity fund and the UK Team will take charge of UK Key Trends.

Kitchen also managed the Invesco Income Growth investment trust and the UK Equity and UK Key Trends unit trusts.

Chartwell investment analyst Ryan Hughes Chartwell says: &#34It is sad to see a fund manager of Graham Kitchen&#39s quality depart, but perhaps it is not too much of a surprise given the very large shadow of Neil Woodford that he was operating under.”

Hughes says investors in the Income & Growth fund should not worry with this change as the appointment of Andy Jones shows a strong continuation of the investment process.


Nobles help Invesco make VCT debut

Noble & Company is promoting the venture capital trust debut from Invesco Perpetual. The Invesco Perpetual Aim VCT will invest in the alternative investment market and will be managed by the team which already runs several smaller companies funds. Nobles and Invesco Perpetual intend to raise up to £40m for the VCT, which will be […]

Credit Suisse roadshows target multi-managers

Credit Suisse Asset Manage-ment&#39s multi-manager team is marking its third anniversary by going on the road in Sept-ember to talk about multi-manager investing. Multi-manager services joint heads Gary Potter and Robert Burdett will be hosting roadshows throughout Sept-ember analysing performance, discussing the investment and market outlook and talking about which managers they think will be […]

Silent treatment from Woolwich

Two years ago, I placed clients on a two-year discounted mortgage with the Woolwich. Our clients have had their letter stating that they are moving onto the variable rate and are keen to review their mortgage options. It is a good case with a low loan to value ratio and no arrears. Our clients signed […]

Assureweb offers free training

Assureweb is offering free technology training to intermediaries and support staff to demonstrate the benefits of placing new business online and showing the advantages to their business available to them through technology. The service is open to all firms, no matter the size and can train a customer&#39s management team, advisers and administration staff. The […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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