Fidelity global focus fund manager Brenda Reed is leaving the firm after 18 years. Reed, who has managed the £334m global focus fund since January 2003, is leaving to join New York-based hedge fund firm George Weiss Associates. Her responsibilities have been passed on to Amit Lodha. Reed joined Fidelity in 1992 as a research […]
Philip Moore has left the Pensions Corporation to join LV= as group finance director, replacing Keith Abercromby. Moore was group finance partner and chief risk officer at the retirement fund buyout group Pensions Corporation. He was previously group chief executive of Friends Provident but he left following the collapse of its planned £8.8bn merger with […]
Jelf Employee Benefits looks at some of the key considerations employers should think about when reviewing and choosing a flexible benefits provider. Choosing the right benefits for your employees is one thing but delivering a successful employee benefits strategy is about understanding the complete picture and delivering it in a personalised way so that it resonates with each and every individual in your business.
Invesco Perpetual leads the latest edition of the infamous Spot the Dog report, which identifies underperforming equity funds, as the number of dogs hits a record high. In its bi-annual Spot the Dog report, Bestinvest names and shames funds that have underperformed their benchmarks for three consecutive years and by more than five per cent over […]
Most firms regulated by the FCA are satisfied with its performance and believe it is an efficient regulator, the watchdog has said. The survey conducted by the FCA and its Practitioner Panel – one of its advisory bodies – sought feedback on the regulator’s performance from the firms it oversees. The results showed that both satisfaction and […]
Investing at this stage of the market cycle is a tough balancing act. While over-exposure to risky assets leaves a portfolio vulnerable when a correction really bites, taking too much risk off the table too soon can mean missing out on the remaining opportunities which may still present themselves over the coming months. With so […]