View more on these topics

Lancaster joins Gulf

Norwich Union UK income opportunities manager Ian Lancaster has quit to join Bahrain-based Gulf Finance House Asset Management.

Lancaster, who brought the fund to Norwich Union with him from Moneyguru in May 2006, will join forces with former Skandia chief investment officer Alan Durrant and take on the role of international equities director.

He will help oversee Gulf Finance House’s drive into the Islamic asset management business, with the group looking to launch a series of Sharia-compliant funds in equities, property and alternative assets across the Middle East, Asia and western Europe.

Durrant, who heads the firm as senior executive director, says Lancaster has a strong track record and further hires are in the pipeline.

Dave Roberts will take over the NU fund.

Recommended

Sole survivors

The dependants of sole traders could face hard times if they don’t mind the gap

BM Solutions unveils first European buy to let study

BM Solutions has unveiled the first study comparing the buy-to-let market across the European Union.At a presentation at the European Parliament in Brussels yesterday, BM Solutions invited MEP and EP vice-president Diana Wallis to listen to the findings of its research.The study looked at the characteristics of the BTL sector in twelve countries, with an […]

Platforms appeal for patience from users

Having to control their rate of progress and manage adviser expectations are the biggest problems for platform providers.At Sage’s annual conference in Alicante last week, speakers from Seven Investment Management, Skandia and Cofunds were asked to explain their biggest frustrations in the current landscape during a panel discussion.Cofunds director Ian Meredith said he wanted advisers […]

Heavy duty

Rising house prices have increased the burden placed on first-time buyers by stamp duty. Will Henley examines the implications of the Tory pledge to revamp the duty and says the market has been disappointed by Labour’s refusal to respond

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment