View more on these topics

Distribution chief for Ignis

Ignis Asset Management has appointed AllianceBernstein UK chief executive officer and chairman Claude Chene as head of distribution.

Chene, who joins the firm in October, will head global distribution for both the retail and institutional businesses and will also join the Ignis board.

His appointment comes a month after Ignis announced the departure of sales and marketing director Jonathan Polin.

Chene joined AllianceBernstein in 1998 to launch the firm’s UK and European offering. He has also held distribution roles at UBS Asset Management, Chase Investors Management Corp and Irwin Trust Company.

Chene is also a member of the IMA’s institutional business committee and a member of the IMA board.

Ignis chief executive Chris Samuel says: “Under Claude’s guidance and working closely with me, we look forward to strengthening our presence in all our chosen markets.”


Slash dash

As multi-managers look to reduce charges ahead of RDR, there is concern investors could pay in the long run if fund performance suffers. Joanne Ellul reports

Bonds gain as nervous investors shun equities

Bonds have overtaken equities as the most popular asset class for investors, according to the latest statistics published by the Investment Management Association. Bonds saw net inflows of £497m in May compared with just £64m for equities. The average figure for equity fund sales over the last 12 months is £657m. Sterling strategic bonds were […]

A big year

After an improvement in business, a company wants to boost pension contributions to make up for recent tough times


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