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People on the move


Alison Savage is joining Close Finsbury Asset Management as senior marketing manager. She will have special responsibility for marketing the Close Finsbury global investment funds across the institutional and retail markets. She previously held senior marketing roles at Framlington, HSBC Asset Management and Gartmore Fund Managers.

Jupiter Asset Management has recruited Simon Hynes as director of retail distribution. Hynes joined Jupiter from F&C in 2002 and has most recently been working as a director of Jupiter’s strategic alliances team, developing relationships with life companies, fund supermarkets and wrap providers. Hynes will also head up sales activities and Jupiter’s two regional sales managers and broker sales team will report directly to him.

Axa Framlington has appointed Tim Short as a fund manager on its European desk. He will work alongside Mark Hargraves, lead manager on the Axa Framlington European fund. Short spent nine years at Societe Generale Asset Management, where he was most recently senior fund manager. He has also worked at UBS Warburg and Jones Lang Wooton/LaSalle Fund Management.

Scottish Widows Investment Partnership has appointed Ian Vose as head of global developed markets. Vose will be responsible for driving performance across Swip’s global, Japanese and US equity funds. He will report to CIO for equities Graham Wood and joins from Allianz Global Investors, where he was most recently CIO of international equities.

Craig Stirling has become investment manager at the Glasgow office of Morgan Stanley Quilter. Stirling spent 12 years at Gerrard, where he was managed assets for private clients, trusts and charities.

ABN Amro Asset Management has recruited Ella Brown as global head of equity research.

Brown will be responsible for the day-to-day management of ABN Amro global equity research and joined from Credit Suisse Asset Management, where she spent five years heading up the European equity research team.


Bright Grey founder and chief executive David Robinson has decided to leave the company to pursue other interests. He says he is taking two months off before considering his next move. Robinson leaves the firm in the custody of Royal London group chief executive Mike Yardley and the Bright Grey board.

Former Kilminster Group development director Stephen Gazard has joined Falcon Group as head of business partnerships at the start of July. He will be responsible for the addition of new firms, developing existing business models and will take the leading role in working with provider groups.

His appointment will free up chief executive Allan Rosengren to focus on the strategic development of the group.

Tudor Taylor has joined Prudential as head of intermediary business. He replaces Francis Ghiloni, who had been in the job since November. Pru says recruiting the ex-Went- worth Rose chief executive will bring a better understanding of the IFA market, allowing it to focus on some key intermediary issues.

Stephen Greenstreet was promoted to Origen managing director last month. Interim chief executive Jim McGuiness will resume his role as interim finance director and will support Green- street in delivering Origen’s business plans.

He was previously at Hogg Robinson for 20 years and was Aurora managing director for five years before being appointed client services director when Origen was formed last March.

Former Sesame commercial director Charles Bryant made his return to the IFA sector in a non-executive director role at adviser firm LEBC Group. The IFA firm, which is an appointed representative of the Sesame network, is part-owned by Misys. Bryant was formerly a board member at LEBC but gave up the position to resume his full-time duties as chief executive of Assureweb and latterly commercial director at Sesame. Bryant says the appointment will not affect his full time job as director of Deutsche Bank’s European technology group.

Former Millfield chief executive Alan Easter will be joining The Money Portal as group head of distribution. Easter takes on responsibility for the whole group, including TMP, Bates and Weston as well as the newly-integrated Bates Millfield and will work alongside Glyn Clarke, who will be renamed head of advice for the group.

MortgagesDB Mortgages has appoin- ted a host of business development directors as it ramps up its operations to ready itself for a full launch. It has secured BDMs for Scotland and Northern Ireland, the North-east and the West Midlands. They are Jim Wylie, Audrey Piechura, and Andrew Barnsley respectively. Gary Armstrong takes up the East Midlands role and Jane Hanlon the South Wales position. Neil Loader has been appointed divisional sales manager for the North and Paul Brookbank regional manager for the South Coast.

The Association of Mortgage Intermediaries has appointed Pink Home Loans managing director Tony Jones to its board of directors. Jones has over 25 years’ experience within the financial services industry and has been managing director at Pink for four years.

GE Money Home Lending has appointed business development managers Emma Maxwell and Karen Rodrigues, to support its growth plans. The pair join GE from Skipton Building Society and Kensington Mortgages respectively.

Sarah Jackson and Brendan Middleton are the latest recruits to swell the ranks of specialist lender Rooftop Mortgages’ team of BDMs. Jackson joins to cover the South Coast and Middleton will be responsible for the North-east and Scotland. Their appointments bring the number of BDMs to nine at Rooftop. Before joining, both worked as packaging managers with Future Mortgages.

Skipton Building Society has appointed two non-executive directors to its main board, Paula Hay-Plumb and Alastair Findlay. Hay-Plumb’s most recent permanent role was as Marks & Spencer corp-orate finance and group reporting director. Findlay was most recently Mersey Docks and Harbour Company group finance director.

Buy-to-let lender Paragon has appointed Bob Dench as chairman. Dench will replace incumbent Jonathan Perry, who is set to retire at the group’s next AGM on February 8, 2007. Dench had been a non-executive director of Paragon since 2004 and was a director at Barclays.

Life and pensions

Lord Turner of Ecchinswell has joined the board of life insurance company Paternoster as a non-executive director.

He is best known for his work on the Pensions Commission. He is former director general of the Confederation of British Industry and vice-chairman of Merrill Lynch Europe.

Former Liverpool Victoria group chief executive Malcolm Berryman has joined LECG as an affiliate.

LECG is a global finance company that deals with the final-salary transfer market. His appointment follows that of Mark Winlow as financial services director, who joined from Zurich, where he was managing director of its UK personal insurance business.

Synesis Life has appointed Gavin Hill to the board as investment director. He joins following three years as chief executive of GE Asset Management. Prior to this, he was chief executive and chairman of the investment committee of National Mutual Life.

Former Aegon director of corporate development Laurie Edmans has moved to an independent consultancy role at the firm, which will see him working with a select portfolio of clients and continuing his position as non-executive director of The Pensions Regulator. He is now also non-executive chairman of Ship.

Aegon head of corporate affairs Francis McGee will take on Edmans’s responsibilities within the group and will lead on public affairs, government relations and key cross-industry issues.

Bruce McNess is joining BESTrustees from Law Debenture, where he spent 17 years as a full-time professional trustee. BESTrustees is an independent trustee company providing independent trustee services.


Scot Eq launches group Sipp

Scottish Equitable is extending its post A-day pension range with the launch of a group Sipp from July 24.The group Sipp is an extension of its group personal pension plan, allowing clients to choose the self-investment function as and when appropriate. Although Scot Eq believes group Sipp will become more mainstream it says the majority […]

Kirwan is named personality of the year

Nick Kirwan was named protection industry personality of the year at the annual protection review. Kirwan received the award at the Cafe Royal in London last week. He was praised for his proactive and prolific work with the media, his innovative approach to product development and the leading role he has taken at the Association […]

Tories would axe Treasury powers

Tory Shadow Chancellor George Osborne says a Conservative Government would scale down the power of the Treasury removing spending responsibilities and its role in administering in-work and universal child benefits.

Absolutely fabulous?

Matt Goodburn finds that Standard & Poor’s new sector classification for absolute return funds has split opinion in the investment business

Neptune launches Japan Institutional Fund

By Chris Taylor, Investment Director, Head of Research Neptune is excited to announce the launch of the Japan Institutional Fund on 22 June, having disclosed to the market in March its intention to offer the product. The Fund will be managed by the highly-regarded Chris Taylor, Head of Research and manager of the long-running Japan Opportunities Fund. It will invest in the same underlying stocks as the Japan […]


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