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Collins Stewart adds to multi-manager expertise

Collins Stewart Wealth Management has bolstered its multi-manager team with the appointment of Chris Colclough.

Colclough joins from HSBC Global Asset Management where he spent six years most recently as a fund manager in the global equity team.

Colclough says: “Collins Stewart is a professional outfit with an extremely high calibre of individuals and has importantly retained its independence and dynamic culture. I am delighted to be returning to Collins Stewart which was my first job having graduated from Exeter University with a Law Degree.”

Collins Stewart head of fund management Neil Darke says:“We are delighted that Chris is joining our multi-manager team as his credentials, personality and experience will be a valuable asset as we look to roll-out our multi-manager expertise to the professional and retail markets. In these current volatile market conditions, multi-manager remains a one-stop solution to the problems of fund selection and diversification.”


Fitch downgrades Aegon

Rating agency Fitch has downgraded Aegon after the insurer reported expected fourth quarter losses of £1.08bn.

Fair factor

It is amazing how many times the Office of Fair Trading has stymied a simple regulatory solution to the problem of how IFAs charge for their services without real or perceived bias.


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