Close Asset Management has appointed SG Asset Management’s Rufus Warner as chief executive officer of Close Finsbury Asset Management.Warner is SGAM’s deputy head of global marketing and head of European pension business development based in Paris. He joins Close on June 1. He has 22 years’ experience as an analyst, fund manager and developer of businesses in firms such as Fidelity, Morgan Grenfell and Hoare Govett. Close Asset Management CEO Jonathan Sieff says: “Rufus is highly regarded in the fund management community. He joins at a time when we are expanding our specialist funds business.” Warner says: “I admire Close Finsbury for its specialist focus and distinctive approach to asset management. I believe retail and institutional asset management businesses are increasingly more akin to each other, especially in the way products are developed, explained and marketed.”
Baring Asset Management has been called greedy after saying it is likely to follow Credit Suisse and Threadneedle in raising management charges.
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Turnout is expected to be a key issue in this general election and so the the parties’ appeal to the grey vote and pension policy is particularly important. Labour has continued with their “wait until Turner” pol- icy, a move of particular pol- itical risk, given the power that it gives to the Turner commission’s […]
President-elect Trump has suggested withdrawing from the North American Free Trade Agreement (NAFTA) and ending negotiations over the Trans-Pacific Partnership (TPP), albeit there is considerable uncertainty over what he will, or even can, do. If one of the main consequences of the election of Donald Trump is US protectionism, it’s worth considering who stands to […]
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