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Macpherson in Treasury move

Nicholas Macpherson has been appointed Permanent Secretary to the Treasury, succeeding Sir Gus ODonnell. He was previously managing director of the budget and public finance directorate and prior to this head of the public services directorate. He has worked in the civil service for 20 years.

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Wynne-Jones in move to Investec

Investec has appointed Mark Wynne-Jones from UBS Wealth Management to join its UK contrarian team, reporting to Alastair Mundy. Wynne-Jones was director of wealth management research at UBS and was previously a fund manager at Cavendish Asset Management.

Rental recovery continues but tenants face the squeeze says Savills

Landlords are seeing a rise in rents over the next two years but this means tenants could face affordability squeeze according to Savills reseidential research.The strength of house price growth over recent years has led to a reduction in first time buyers being able to buy thus boosting the demand for rental properties.New rental stock […]

CI pulls out of Amvescap takeover bid

Shares in Amvescap, owner of Invesco Perpetual, have fallen 42p to 373p following the withdrawal of Canadian firm CI Financial from a proposed 3.4bn takeover of the group.CI say they cannot develop an offer proposal without the full co-operation of Amvescap. Analysts say the firm’s resistance to take-over is likely to deter further hostile bids.The […]

Wynne-Jones in move to Investec

Invstec has appointed Mark Wynne-Jones from UBS Wealth Management to join its UK contrarian team, reporting to Alastair Mundy. Wynne-Jones was director of wealth management research at UBS and was previously a fund manager at Cavendish Asset Management.

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