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IMA announce new chairman

The Investment Management Association has appointed F&C Asset Management’s Robert Jenkins as the group’s new chairman, replacing Threadneedle’s Simon Davies with immediate effect.

Jenkins is the non-executive chairman of F&C Asset Managment plc. He has also served as the group’s chief executive for seven years prior to its merger with Isis Asset Managment in 2004.

The announcement was made yesterday at the group’s AGM, which also saw three additions to the board in the shape of Peter Chambers, William Nott and Keith Skeoch.

The trio make a 14-strong board which also includes the likes of Jupiter Asset Management’s Edward Bonham-Carter and Fidelity’s Richard Wastcoat.



name: Steve Cox age: 36 company: Spicerhaart Financial Services job title: Operations directorwhere do you live? Surreydescribe your current job: I oversee Spicerhaart Financial Services’ external relationships as well as implementing and heading the relationship with our strategic partner, Sesame. I’m also responsible for the business development of Spicerhaart Corporate Sales and the group’s surveyor […]

Fidelity MultiManager increases European exposure

Fidelity’s MultiManager Investment team has increased its European exposure within the Fidelity MultiManager distribution fund after adding Resolution Argonaut’s European equity income fund.Fidelity says it hopes the addition of the first European equity income fund will allow it to exploit the attractive yields currently available in Europe. Fidelity co-portfolio manager of MultiManager distribution fund Simon […]

Opposition parties say Hip ‘incompetence’ will cause more confusion

The Government’s last minute Hip U-turn will just create more confusion say Opposition Parties, with the Tories calling for a radical rethink of the policy.Tory shadow housing minister Michael Gove says the Government must now go back to the drawing board over Hips after yesterday’s U-turn in Parliament.Speaking after yesterday’s announcement, Gove suggested the timing […]

Balls puts pressure on reluctant states

Treasury Economic Secretary Ed Balls has attacked the majority of EU member states for failing to have transposed Mifid, warning that they are undermining European competitiveness.In a letter to European Commissioner for the internal market and services Charlie McCreevy, Balls urged him to maintain the pressure on the majority of member states which have still […]


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