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Ignis appoints Mira Bhogaita to Ashby’s UK equity team

Ignis Asset Management has hired former LV= Asset Management portfolio manager Mira Bhogaita as a new portfolio manager in its UK equity team.

Bhogaita will report to Ignis head of UK equities Graham Ashby and will help to manage the £5.9bn the eight-strong team runs across its retail and institutional portfolios. She will also cover the consumer goods, property and construction, and financial services sectors.

Ashby says: “We have significantly strengthened our UK equity proposition and Mira’s appointment demonstrates our commitment to enhancing our capabilities.

“Having worked with Mira before at LV=, Credit Suisse and Deutsche Asset Management, I know what a talented investment professional she is and I am very confident the team will benefit from her skill and experience.”


FCA levies could be based on risk as part of fees overhaul

The Financial Conduct Authority is to review how it calculates firms’ regulatory fees which could see the current fee block model scrapped and fees allocated on an income or risk basis. Advisers are facing a 15 per cent hike in regulatory fees from £32.8m in 2012/13 to £37.9m in 2013/14. The combined FCA and Prudential […]


Nev Godley on improving the reputation of structured products

If Nev Godley had followed his childhood ambitions, he would more likely be looking into the structure of organised crime than running the structured products division of Morgan Stanley. His childhood ambition to join the police was triggered by watching episodes of Juliet Bravo and The Bill but career advice from the real thing led […]


FCA: Payday loan restrictions could harm consumers

The Financial Conduct Authority has signalled it may not use new powers to cap interest rates on payday loans as consumers could be left ”worse off”. In a behavioural economics report, published yesterday, the FCA says restrictions on how many payday loans people can take out could hurt people who need emergency cash. The Financial Services […]


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