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LV= appoints UK equities head

LV= Asset Management (LVAM) has continued building its fund management arm with the appointment of Neil Worsley as head of UK equities

Worsley joins LV= from Claremont Capital Management, where he was a partner and was responsible for stock selection and portfolio construction of the European equity portfolio. He has also held the role of group head of equities at Lombard Odier, where he was in charge of their UK and European equity portfolios.

LVAM kicked off its plans to grow its retail offering last month when the firm appointed F&C’s Tom Caddick as head of multi-manager as well as launching 13 vehicles.

LVAM managing director Steven Daniels says: “This is yet another key appointment for LVAM as we seek to expand our investment team. Neil brings with him 27 years’ investment experience which will be invaluable in leading our in-house UK equity management capabilities.”


Marks to head sales at Hartford

Canada Life head of sales Andy Marks is joining Hartford Life as managing director of sales.Marks, who has over 20 years experience in the life and pension sector, will be based at The Hartford’s London office.He will be responsible for leading The Hartford’s UK sales team and driving its sales growth strategy.Chief executive Michael Kalen […]

Ted scott

Ted Scott is no newcomer to ethical investing. The manager of the F&C Stewardship income fund has been involved with F&C’s Stewardship team since its inception in 1984 and was appointed manager of the income fund in 1998.

Bank of Ireland withdraws sub-prime range

Bank of Ireland has sent an email to brokers alerting them that it is withdrawing its entire non-conforming range from 5pm today.The only other details included in the email was that all of its other products remain unchanged.

FSA set to extend probe into multi-manager advice

The FSA says it may carry out more investigations into multi-manager advice after it found insufficient adviser understanding of funds and the effect of charges on performance.Money Marketing revealed in August that the FSA was conducting a number of thematic visits into advice given on multi-manager funds.In its November newsletter, the FSA says some firms […]

What are the key changes to transform pensions?

By Fiona Tait, pensions specialist In her final article for Royal London, Fiona Tait reviews key changes she believes have transformed, or will transform, pensions. In my 12 years with Royal London I have been paid to review, study and explain the numerous changes to pension legislation which have transformed our industry in that time. This is […]


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