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Investec promotes three in fixed income team

Investec Asset Management has made three promotions within its fixed income team.

Harsha Patel and Anna Lees-Jones have become co-heads of credit. Patel will be responsible for managing bottom-up credit selection while Lees-Jones will take charge of top-down macro credit decisions. They have 23 years combined experience in portfolio management.

Kieran Roane has been promoted to co-portfolio manager of Investecs high yield funds that he will manage alongside Chris OHare.

Investec head of fixed income John Stopford says: We are delighted to announce these promotions to our 30-strong fixed income team. At Investec our mission is to generate alpha for our clients, and our success in doing so comes from having a team that is structured to encourage open communication, debate and peer challenge. These promotions reflect our commitment to the further development and continued success of this team.


Pioneering system for friendly

Pioneer Friendly Society is setting up a online e-business system offering IFAs instant quote facilities and underwriting decisions. The e-Pioneer scheme features enhanced commission based on 140 per cent of Lautro rates and the revamped website aims to offer a seamless online service for intermediaries. Advisers will be able save and track incomplete applications from […]

It’s Collett time…

Thinc Destini’s David Collett is simply the greatest dancer. At the Women’s Financial Adviser Group award ceremony last week, not only was he sporting a fabulous suit in WFG colours, he also wowed fellow guests by carving up the dancefloor. Some would argue that his moves demonstrated more gusto than talent but the Diary is […]

NAPF brands scheme ‘a throwback to the Stalinist era’

The National Association of Pension Funds has described Lord Turner’s proposal for a nat- ional pension fund as a “throwback to the Stalinist era”. Chief executive Christine Farnish describes the nat-ional pension savings scheme as a monolithic quango. She says: “It does sound like a throwback to the Stalinist era, setting up a single mon-olithic […]

Keep USP simple

There is no doubt that the market after A-Day for unsecured pension (USP) and alternatively secured pension (ASP) will be attractive to many. Our own research suggests that most in the advisory market agree. The increased flexibility for taking income up to and beyond 75 and simplification of the treatment of occupational and protected rights income withdrawal is good news.


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