View more on these topics

Octopus seeking 10 fund managers to boost teams

Octopus Investments is looking to fill 10 fund manager roles following the completion of its staff review that has seen head of multi-manager Lothar Mentel made redundant.

The firm announced yesterday that chief investment officer and head of multi-manager Lothar Mentel has left the business, alongside five other staff in customer services and operations.

Octopus is not replacing him with responsibility for continuing to grow the multi-manager business passed to director and founder Guy Myles.

Octopus Investments managing director and founder Guy Myles says: “As part of the review, we have added some fund management roles. Those roles will be across the business and we are looking to expand all of our fund management teams. Overall, more than ten of the outstanding 20 roles in the business are fund management roles.”

Recommended

11

FSCS defends legal action against Keydata advisers

The Financial Services Compensation Scheme has defended its decision to take legal action against advisers who recommended Keydata products, saying it only pursues recoveries where it is “reasonably possible and cost effective” to do so. The comments follow a letter from Aifa, which called for answers over the way the scheme is pursuing Keydata advisers, […]

The missing Mig

Another year, another wonderful Government scheme launched to support the housing market. In 2008, the previous Government launched its “mortgage rescue scheme”. This £240m scheme aimed to stop borrowers being evicted from their homes. Figures earlier this year showed that just 2,600 households have been helped by this scheme – significantly less than the 6,000 […]

3

It’s a GAD world

I am 65 years old and have a pension from which I have been taking income through drawdown for nearly five years. The review documents show a big reduction in my maximum annual income. Do I have any options that would increase my income? Unfortunately, a few factors have worked against you since you started […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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 advice.

    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

    Email: customerservices@moneymarketing.com