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Close Asset Management appoints senior duo

Close Asset Management has appointed Andrew Gillespie as marketing director and Anita Juneja as head of strategic relationships.

Gillespie joins from Standard Life where he was managing director of marketing in the UK. He is expected to raise the firm’s profile among private and institutional investors and will report to head of UK wealth management Steven Mendel.

Juneja joins from Cofunds where she was head of business implementation, including the embedding of platform services into adviser firms. She will be responsible for establishing the firm’s relationshup with platforms, wraps and life assurance companies.



CarVal walks away from Lifemark rescue talks

Talks between US hedge fund CarVal and the Luxembourg arm of KPMG over a $20m restructuring loan for Lifemark have this morning collapsed. CarVal was pushing for further due diligence work on Lifemark’s $1.3bn portfolio of traded life policies but KPMG has decided the costs associated with this would be too high, Money Marketing understands. […]

FSA warns over broker’s sale and rentback business

The FSA has warned consumers that sole trader Mark Ainley may have advised clients into sale and rentback contracts without having the correct authorisation to do so. It says it has been informed that Ainley, trading as Mark Anthony Financial Management, has entered into a number of sale and rentback agreements and has acted outside […]

Aviva rejects £5bn RSA approach for general insurance arm

Aviva has rejected a bid from insurance group RSA to acquire its general insurance operation, according to Sky News. The report says that RSA proposed to purchase Aviva’s general insurance operation in the UK, Canada and Ireland. A letter was sent by RSA chairman John Napier to Aviva chairman Lord Sharman in the last few […]


Dearth of new building can prop up prices

It has been a positive month in terms of banking sector results. It was heartening to hear that many of the big players have turned the corner and are reversing losses made over recent years. I like to think that the banking sector is a good barometer of how the wider economy will perform, although […]


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There is one comment at the moment, we would love to hear your opinion too.

  1. He’s gone after less than one year (it was announced internally in May), but he still had time to fire the entire marketing team (within the first 3 months) and outsource everything to the same marketing agency (meteorite) that he used in his previous 2 or 3 assignments.

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