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Schroders multi-asset manager Spinks quits

Schroders multi-asset portfolio manager Mike Spinks is leaving the firm to pursue opportunities outside the group.

Spinks was previously co-portfolio manager on the Schroder Diversidied Growth fund with head of multi-asset investment Johanna Kyrklund and co-portfolio manager on the Schroder Completion fund with Tim Carr.

Schroders has announced Remi Ajewole will replace Spinks as co-portfolio manager of the Schroder Diversified Growth fund. Ajewole joined the multi-asset team in 2006 and managed £5.5bn of UK balanced portfolios.

Martin Blank will become co-portfolio manager of the Diversified Completion fund working alongside Carr. Blank joined Schroders in 2001 and has held analyst and portfolio management roles both with Schroder Investment Management and Schroders NewFinance Capital.


Business leaders tell Osborne to act quicker to boost economy

Company bosses have criticised chancellor George Osborne for doing “too little, too slowly” to revive the UK’s economy and say efforts to cut down on tax and red tape have been “ineffective”. Reports say the Institute of Directors has hit out at Osborne’s strategy of cutting public spending which is prolonging the recession. In a […]


Paul Farrow: Govt is missing the point with simple products

You have to wonder what is going on in the minds of those working at the Treasury and in particular Treasury financial secretary Mark Hoban. They have just spent the best part of a year pullingl together a 78-page report on delivering simplified products to consumers. And so under the Sergeant review of simple financial […]


Ucis investment via wrappers to come under marketing ban

The FSA is to extend its ban on the promotion of unregulated collective investment schemes to most retail investors to include Ucis investments through Isas, Sipps and platforms. The regulator has published its review into Ucis rules today which proposes to ban the promotion of Ucis to the majority of retail investors with the exception […]

Attempted mortgage fraud jumps 22%

The number of fraudulent mortgage applications submitted to lenders increased 22 per cent between April and June, according to Experian. A total of 39 in every 10,000 mortgage applications were identified as fraudulent over the three months, according to Experian’s latest Fraud Index report. This is up from 32 in every 10,000 applications in the […]


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