An IFA for 27 years and a regular contributor to the press, Davidson was a partner in Holden Meehan when it was taken over by Bradford & Bingley to become Charcol Holden Meehan in 2003.When the company was bought again by JS&P in October 2004, Davidson is thought to have told the directors she had not enjoyed the change of culture during the first buyout and that she would prefer to work in a smaller firm with more day-to-day control and freedom. She was unavailable for comment. JS&P research and investment manager Patrick Connolly says: “We fully understand why Amanda is leaving and we are sad to see her go because she is a very good adviser as well as being well known in the industry. I believe she has something else lined up at a smaller firm.”
NDF Growth Plan July 05
I do not know what was behind Nic Cicutti’s intemperate article on the Financial Services Consumer Panel in general and on me in particular (Money Marketing, July 28), especially as its level of inaccuracy was more Private Eye than Money Marketing.
AWD Group is undergoing a management restructure following the resignation of chief executive Douglas Gardner and managing director Chris Isard. Both have resigned with effect from Friday, with Simon Waugh taking over as chief executive from September 1. Waugh has worked at director level for a number of financial services firms, including Centrica, American Express […]
Amvescap is giving new chief executive Marty Flanagan a pay deal worth 28m after recruiting him from Franklin Resources. His 450,000 salary is supplemented by a 2.6m performance-related bonus and 25m in shares. The firm, which owns Invesco Perpetual, is rumoured to be the continued target of a takeover by Canadian fund manager CI Financial.
By James Dowey, Chief Economist & CIO In a Q&A James Dowey, Chief Economist & CIO, looks at the recent impact of China on Japan and explains why the medicine itself of Abenomics – as distinct from the effects of the medicine – is extremely important for Japanese equities. Click here to read the full […]
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]