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Lazard restructures European desk

Lazards has restructured its European equities desk with the appointment of Aaron Barnfather as lead manager of the group’s continental European strategy.

Barnfather, who takes on the role from March 3, will replace Gabrielle Boyle, who will focus solely on the firm’s global and international select strategies.

As part of the new role Barnfather will take on the management of Lazards £148m European alpha fund and European equity Dublin offering.

Having joined from Newton Investment Management, Barnfather will work on the strategy alongside Mark Little, Barnaby Wilson and Marina Leacock.

A spokesmen for Lazards says the firm has been looking at bolstering its offering on the platform, though from a product perspective no new plans have been put in place.


Focus to deliver phase 2 of HSBC’s IT strategy

HSBC is renewing its contract with Focus Solutions for the design and build of phase two of its wealth management strategy. Focus is already working on phase one of the system to support HSBC’s distribution channels of life, pensions and investment products. The second phase of the contract is worth £765,000 and includes HSBC’s IFA […]

Lifesearch and ABI in spat over stats

Lifesearch has criticised claims by Association of British Insurers head of protection Nick Kirwan that publishing critical-illness claim statistics may have done more harm than good to the industry.In an email to the ABI, life offices and reinsurers, Lifesearch head of protection strategy Kevin Carr says: “The ABI recently stated that if it could turn […]

MI set to branch out along the third way

Merchant Investors is considering bringing out a third-way annuity product to compete with existing providers.The Hartford, MetLife and Lincoln Financial have all launched third-way annuities but some industry commentators have criticised them for being expensive and not transparent on charges.Merchant Investors head of sales and marketing Richard Ellis says he can see an opportunity to […]

Tapering of annual allowance – adjusted and threshold income

The definitions of adjusted income and threshold income used to determine whether, and to what extent, someone’s annual allowance will be reduced can be confusing.  Here we try to make sense of it all. The annual allowance will be reduced for high income individuals from 6 April 2016.  Our previous article Tapering of annual allowance […]


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