View more on these topics

LGIM replaces lead manager on Special Situations Trust

General-Business-Handshake-Hire-Appointment-700x450.jpgLegal and General Investment Management has appointed a new lead manager for its UK Special Situations Trust amid a trio of hires.

The firm has hired Mirabaud Asset Management’s Robert White, taking over from Gavin Launder, who managed the fund since the start of the year.

Money Marketing understands that Launder is still with the firm.

Previously, the fund was run by Richard Penny, who left to join Crux Asset Management in January after 16 years at LGIM.

White, who previously worked with PricewaterhouseCoopers, will be joined by two more junior hires.

Stuart Briscoe joins from ICM as an equity analyst, and Brad Jacobs has also joined as an equity analyst from Goldman Sachs.

LGIM co-head of active equities Rod Oscroft says: “These appointments will strengthen our expertise in equity markets globally and across the market cap.

“We’ve seen continued demand from investors looking for actively managed, high conviction, equity strategies, especially as we move into a more volatile market environment. Our boutique approach means we are well placed to deliver solutions for specific client investment needs.”


Is True Potential going to be the biggest sale of 2019?

Acquisition activity continues apace this year, with key players in the platform market also taking bold steps towards public listings. But as we close out 2018, one potentially huge deal still hangs in the balance: the rumoured sale of advice, investment and technology group True Potential. Money Marketing understands that US private equity giant KKR […]


Alan Lakey: Catch-22 on commercial decisions

I am a great fan of commercial judgement.  After all most readers would not still be in business if they or their employers hadn’t made sound commercial determinations at some point. Of course, not all commercial judgements are sensible or even well thought through and the end result can be detrimental to one or more parties.  […]


Pimfa calls for suspension of Priips regime

Pimfa is calling for the Priips regime to be suspended until a full review has been completed. The trade body believes information provided to investors in accordance with the Priips key information document regime is “doing more harm than good”. It says the European supervisory authorities’ “hastily-drafted” proposals for amending KID performance scenarios are unlikely […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm