BlackRock’s Sue Chan has joined RCM, the global equity arm of Allianz Global Investors. As a senior portfolio manager, Chan will be jointly responsible for managing almost £4.5bn in assets and will report to global equities CIO Lucy MacDonald. She will be running the group’s global sustainability portfolios.
T. Bailey has appointed Mark Wright as an analyst. Wright joins from Williams de Broe, where he worked on the group’s quantitative-analysis research system.
Baillie Gifford has recruited Mike Gush as manager of the £72.3m Baillie Gifford Pacific fund. Gush has been working as joint manager on the fund with Gerald Smith for the past six months and took on the role as of February 1.
Legal & General has appointed Richard Hodges to head its £1bn fixed-interest trust, replacing Malcolm White. Hodges, who currently heads the firm’s dynamic bond trust, assumed responsibility of the fixed-interest trust on February 2, taking over from Malcolm White, who is shifting to head the institutional fixed income sales arm. There are no plans to change the fixed interest trust’s strategy.
Henderson Global Investors’ UK opportunities fund man-ager Mileen Rash has been replaced by Stephen Peak. Rash runs the £60m UK opps fund. Peak currently manages both the TR European growth investment trust and long/ short fund.”