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Himsworth goes to Royal London

Rensburg mid-250 manager Leigh Himsworth is going to Royal London Asset Management at the end of March to run mid cap equities.

RLAM has yet to finalise its plans for Himsworth, whose departure from Rensburg was announced last week, but he is expected to be running life and pensions money for the firm. He will report to RLAM’s head of equities Jane Coffey.

He will be replaced at Rensburg on February 1 by former Rensburg UK Smaller Companies Trust manager Paul Spencer who left the firm after running the fund from 1991 to 1995 and is currently head of research at TD Waterhouse in Leeds.


If wishes were houses

I have made ade the usual New Year’s resolutions of daily visits to the gym and no alcohol in January and February. However, when it comes to the mortgage industry, I have a much longer wish list of things I would like to see happen in 2006.

Capita acquires Webline

Outsourcing giant Capita has announced the acquisition of adviser portal Webline for an undisclosed feeThe move, revealed by Money Marketing last month, continues Capitas drive into the IFA arena after it purchased software provider Quay in November.Capita recently signed a contract with Zurich to act as an outsourcing partner to deliver business processing activities, valued […]

Product matters

Richard Skelt and his team at Fidelity are being given scope to use the full range of investment possibilities under the UK equity income and UK all companies sector rules when managing the new multi-manager equity income and multi-manager special situations funds. This means they will be able to invest up to 20 per cent […]

Managing customers in drawdown

By Lorna Blyth, Investment Marketing Manager Delivering a decent drawdown review process takes time and resources. This article looks at how you can manage drawdown clients in a more cost-effective way. Most advisers are seeing an increase in drawdown clients following pension freedoms. Often these are clients with lower fund sizes, which means advisers are […]


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