Invesco Perpetual sales director Craig Newman and sales manager Simon Dale have both left the firm.
Newman joined Invesco in 1993 as regional sales manager for the North of England. Dale joined the firm in 1996.
A spokeswoman for the firm said a replacement for Newman will be appointed in the New Year with head of distribution Ian Trevers covering the role in the interim.
US pension provider TIAA-CREF is considering a move into the UK market, Money Marketing understands. The financial services firm offers retirement products, savings plans, mutual funds and life insurance, as well as advice offerings in the US. It is understood to be looking at launching a UK-based business. TIAA-CREF was cited in the Department for […]
The FSA is consulting on new powers for the Financial Conduct Authority to monitor benchmarks such as the Libor and wholesale gas markets, where there have been allegations of rate rigging. FCA chief executive designate Martin Wheatley conducted his review of Libor in September in the wake of the rate rigging scandal. One of his […]
The appointment of Mark Carney as the new governor of the Bank of England has been welcomed by everybody – with the possible exception of investors who have UK bank equities in their portfolio. Shares of lenders listed in London stumbled as soon as the Government announced that the president of the Canadian central bank […]
Stephen Anness is to take over the management of the £53m Invesco Perpetual Global Opportunities fund and in the process hand over the running of his UK Aggressive fund to Martin Walker. Walker, manager of the Invesco Perpetual UK Growth fund, will assume the running of the £122m UK Aggressive fund which Anness has run […]
Investment Insights from Silicon Valley. The latest views from Allianz Global Investors and Walter Price, lead manager at Allianz Technology Trust – August 2016. Click here
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IFAs want more clarity on environmental, social and governance investment products to be able to better communicate them to clients. A HSBC Global Asset Management survey of over 200 UK IFAs found that 57 per cent would like more ratings for ESG products. Concerns over diversity, human rights, consumer protection, and animal welfare are the […]
St James’s Place has hired Claire Blackwell as director of marketing from Newton Investment Management. Blackwell says: “We have a responsibility to continue to develop ourselves and our proposition in the interests of better financial outcomes for clients.” SJP shuns new CII exam in favour of in-house programmes She has held a variety of positions across the […]
Something drastic needs to be done to make the protection landscape fit for today’s world Like most journalists, when I first began writing for Money Marketing years ago, I needed to be schooled in the ways of financial services. In my case, this role was carried out by a small coterie of energetic financial advisers […]