View more on these topics

Resolution snaps up Ormiston to complete European team

Resolution Asset Management has completed its search for a third senior European equity team member by recruiting Singer and Friedlander head of European equity Ian Ormiston.

Ormiston joins European team head Adrian Darley and Jonathan Fearon who both arrived recently after resigning from Gartmore in the Summer.

Tim Callaghan was originally earmarked to head up Resolution’s new European in-house team after resigning from Gartmore and signing a contract with Resolution along with Darley and Fearon.

However Gartmore chief executive Jeff Meyer pursuaded Callaghan to remain with the group after offering him an improved equity stake in the business following its management buy out three months ago.

Ormiston will join Resolution next January in the position of investment director, European equities.

He will have with co-responsibility with Darley and Fearon for running the group’s core retail and institutional European equity portfolios although the portfolio will be distinct from the high Alpha funds run by European boutique managers Barry Norris and Oliver Russ at Argonaut Capital.

Resolution sales and marketing director Jonathan Polin says: “This is our third senior appointment to the European team and completes our current recruitment plans in this area.”

Recommended

Survey reveals extent of client recycling

Existing customers account for just one-third of IFA’s new business, according to Tillinghast. The consultancy says this implies the majority of new clients are recycled from other advisers and IFAs are failing to provide an ongoing service to customers. Tillinghast associate Joanna Hall says: “A cultural change is needed whereby the current sell and move […]

London Life transfer valuation £70k short

London Life has come under fire after underestimating the transfer value on a client’s pension fund by £70,000. Intelligent Pensions tech-nical director David Trenner received the first transfer value of £126,544.37 on January 14. Trenner queried the figure and got a letter on June 12 restating the figure at £195,049.56 – a 36 per cent […]

McHardy quits Widows for IF

Scottish Widows Bank head of product development Murdo McHardy left the company last week to take over as head of mortgages at Intelligent Finance. He starts his new role on October 30.

Home of Choice offered SJP’s mortgage advisers

St. James’s Place is offloading its mortgage-only appointed representatives and has offered them to Home of Choice.A total of 99 ARs have been told they will have to leave SJP, with HoC choice having first refusal, although they will be free to choose any network they want.SJP chief executive Mark Lund confirms that it is […]

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