HSBC Asset Management has merged its UK intermediary and institutional business development teams in a move which sees Jonathan Polin, managing director of the intermediary business, leave the group.
The decision comes following a strategic review of the business, which HSBC says found convergence in the skills required to service both markets. Geoff Cheetham, previously head of institutional business development, is assuming responsibility for the merged business with immediate effect.
Chief executive Dean Buckley says: “Co-ordination of our efforts has become crucial, as the intermediary market now demands that we use many of the tools that the institutional sales process uses.”
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It has been over four months since the surprise election of Donald Trump as US President. Despite the initial shock, the US stockmarket has continued to climb higher, with many investors forecasting that Trump will be more pro-growth than his predecessors. Watch Robin Milway, lead manager of the Neptune US Opportunities Fund, discuss the outlook […]
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Almary Green eyes merger with Norwich IFA
Almary Green, the advice firm led by industry veteran Carl Lamb, is in sale talks with Smith and Pinching Financial Services, Money Marketing understands. One source tells Money Marketing Almary Green staff have visited the Smith and Pinching offices, and that there have been discussions around a merged firm being floated on AIM. The Norwich-based […]
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