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Financial services stalwarts get new year’s honours

CBI director general Richard Lambert has been awarded a knighthood and BSA director general Adrian Coles an OBE in the new year’s honours list. Treasury head of the financial stability team Kirstin Baker and City figure Philip Remnant get CBEs.

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Former BlackRock star Graham Birch moves up at Petropavlovsk

Former BlackRock manager Graham Birch has become the senior independent non-executive director of Russian gold miner Petropavlovsk. Birch retired as head of BlackRock’s natural resources team in 2009, where he had responsibility for about $40 billion of assets.

He became a non-executive director of Petropavlovsk, formerly known as Peter Hambro Mining, in February 2010. He replaces […]

Fidelity raising £162m on Anthony Bolton’s China fund

The Fidelity China special situations investment trust is to raise another £162m through a C-share issue. The fund, which was the largest investment trust launch of the last 12 months, will offer 166.25m C-shares with an issue price of 100p per share. Net of expenses, the issue will raise £162.1m. The trust is still trading […]

JOHCM hires Thames River duo for launch

JO Hambro Capital Management has hired two managers from Thames River Capital for a pan-European dynamic fund launch. Trygve Toraasen, now a senior manager at JOHCM, and Carlos Moreno, now a fund manager at the boutique, had left Thames River by mutual agreement following its merger with F&C Asset Management last year. The pair will […]

FOS may publish final decisions as it strives for transparency

The Financial Ombudsman Service is considering publishing some of its final decisions in a bid to improve transparency in its decision process. The FOS is about to start work on its budget and corporate plan for the next financial year and will consider how best to improve transparency. In the December edition of Ombudsman News, […]

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  1. But no knighthood for Hector Sants, despite his (alleged) earnest ambition to be awarded one. Oh dear.

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