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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The Equity Release Council has announced that a record number of new plans were agreed to in the last three months of 2018 – 12,891. This means that the total number of new plans agreed for the year came to 46,397, a 25 per cent increase year-on-year. During 2018 as a whole, the council says […]
As EOTs gain in popularity, there are issues that need to be addressed to prevent them being abused Employee ownership has caught the attention of a good number of advice firm owners over the past 12 months. Given the large number of business owners who seek advice, it is entirely right advisers should understand it […]
Compliance provider SimplyBiz is optimistic after posting year-end results with earnings before tax above management expectations. In its pre-close trading update for 2018, the provider’s balance sheet shows net cash of £6.4m following what it termed a difficult year for markets. SimplyBiz is now nine months on from its initial public offering on the London […]