Thames River Capital co-head of emerging market equities Rory Landman is retiring from fund management in his late 40s.Landman built his reputation as head of emerging markets at Barings, working alongside head of emerging Europe Martin Taylor. The pair moved to Thames River in 2001 to build its emerging markets team. The team runs three funds – Eastern European, global emer-ging markets and the 430m Nevsky long/short hedge fund. TRC sales director Edward Morse says: “Rory leaves us on good terms. He has been ext-remely successful and decided to move out of fund management to pursue other interests. He is lucky enough to have made sufficient money to do so.” Hargreaves Lansdown senior analyst Meera Patel says: “Landman’s departure will be a sad loss to TRC’s team.”
Co-operative Financial Services this week announced the creation of CIS General Insurance, insuring all new and renewing CIS motor, home and commercial products.CFS says creating the new division will provide greater clarity for CFS general insurance operation. The group says its GI net premium income was 649m in 2004 and 318m in the first half […]
Sterling Life has appointed Gordon Westcott as its new business development manager. The specialist protection provider offers individual term and disability protection cover products which are distributed via intermediaries and through its website. Westcott has a strong background in customer services and marketing roles, recently holding positions in Hamptons International, Lloyds Brokers Holmans and Coyle […]
British Insurance is offering low-cost mortgage payment protection insurance product which it claims could save customers up to 32 per cent on their premiums.
The history of conformity to codes of conduct is gener-ally not a good one. I well remember the struggles that the OFT had with codes for a variety of industries. The conclusion reached a few years ago was that, to a large extent, the work was wasted because, once the code was approved, there was insufficient application within the industries or firms concerned.
This month will see the release of a TV advertising campaign to raise awareness of auto-enrolment among small and micro employers. It arrives before an unprecedented number of businesses approach their staging date.
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As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]