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F&C’s Julie Dent to retire in September

F&C’s Julie Dent is to retire from the asset management industry later this year, it has been confirmed.

Dent, the manager of the £485m British Assets Trust and the director and investment manager of F&C Asset Management’s global equities team, has been with the group since 1986 and will depart on September 30 this year.

Phil Doel, the manager of the £189.1m F&C UK Equity Income fund, will take over her responsibility for the trust, a move which has received the backing of the company’s board.

Dent also manages the £33.2m F&C multiManager investment trust, which will be run by F&C managed portfolio trust’s Peter Hewitt after her retirement.

In addition, she has led the F&C multimanager growth, F&C multimanager balanced and F&C progressive growth funds in her time with the company.

According to FE Trustnet, she has outperformed her peer group composite by 20.3 percentage points over the past ten years.

Prior to entering the asset management industry, Dent worked as a structural engineer for Ove Arup & Partners.



Co-op FS staff to hear their fate

Co-operative Financial Services advisers have been called to a meeting in Manchester on Friday to hear what the future holds for the group’s life and savings business. Staff are concerned that Co-op’s insurance arm will be sold or shut down, resulting in redundancies among the company’s 680 field-based financial advisers and 83 branch-based advisers. CFS […]


PFS selects Chartered Champions

The Personal Finance Society has named its latest regional Chartered Champions as part of its initiative to boost the profile of chartered status. The twelve financial planners selected by the PFS will act as local advocates in promoting chartered status in their region. The selected financial planners are: Martin Vaughan, Paragon Paraplanning, for the East […]

Consultant backs Euro court ruling in ombudsman case

Compliance consultant Adam Samuel says the European Court of Human Rights was right to reject the legal challenge brought by Heather Moor & Edgecomb over the Financial Ombudsman Service’s failure to hold an oral hearing. The case was lodged with the European Court by HME managing director Brian Pickering. It centres on advice given by […]


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