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Douglas Ferrans appointed as IMA chairman

The Investment Management Association has appointed Douglas Ferrans as chairman.

Ferrans took over the role on January 1, replacing Robert Jenkins who has left the UK to take up the role of CEO and managing partner of US based macro hedge fund manager Combinatorics Capital LLC.

Invesco chief investment officer and senior managing director Bob Yerbury assumes the role of deputy chairman and Schroders CIO Alan Brown joins the board. 

Ferrans says: “As the UK investment  management industry continues to grow in size and importance, I look  forward to working with members, stakeholders and IMA staff to maintain the  solid progress we have made over the past few years. I would also like to take  this opportunity to welcome Alan Brown to the IMA Board and Bob Yerbury to his  new role of Deputy Chairman.


Snowdon looks at loan move for Aldermore

Aldermore has appointed Colin Snowdon, former chief executive of Merrill Lynch’s defunct lender Wave, to explore the potential for launching a UK residential mortgage lender focused on the intermediary market. Snowdon was also respon-sible for the launch of The Mortgage Business for Bank of Scotland and Verso for Britannia Building Society. He is joined at […]


Out from the long grass? An IT and NI merger

Those with a long memory will recall that at the start of the last parliamentary term George Osborne announced his intention to merge income tax (IT) and national insurance (NI).  Headline grabbing as the initiative was, the reality of the complexities, challenges and costs of such a move resulted in this idea being kicked into the political long grass.


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