View more on these topics

Sinfonia appoints Paul Kim as fund manager

Sinfonia Asset Management has announced the appointment of Paul Kim as fund manager of the firm’s Oeic portfolios.

Kim is currently the director of portfolio management at FundQuest and has over 26 years’ experience in financial services.

Alongside Richard Timberlake, Kim was one of the founders of multi-manager business IMS in 1999. The firm was acquired by BNP Paribas in April 2008 and merged into the FundQuest brand where Kim has managed the CF FundQuest select fund. He officially takes on his new role on July 1, 2009.

Sinfonia Asset Management is the investment arm of Tenet Group and was established in February 2008 as sponsor of the IFSL Sinfonia Oeic portfolios. The funds currently have £25m of assets under management.

Sinfonia managing director Andy Richards says: “Paul’s appointment is one of a number of major initiatives we have planned to enhance the Sinfonia proposition.

“Notably, we feel that Sinfonia will benefit significantly from an experienced UK-based fund manager who understands the particular issues that UK investors require satisfying. Paul also has a fantastic ability to interpret complicated financial trends and market strategy into plain English, something we will capitalise on via his active involvement in the Sinfonia IFA investment briefings.”

Recommended

Portal subsidiaries sold off in MBO

Money Portal subsidiaries Burns Anderson, Sage Financial Services and Willis Owen have been sold off to Honister Capital after TMP was placed into administration due to excessive levels of debt.

Life lessons

Last week’s publication of the next phase of the FSA consultation process on the retail distribution review has reconfirmed the death of commission as a method of paying for independent advice.

thimbnail

Almost nine in 10 employers admit failings with post-DRA compliance

The default retirement age (DRA) was abolished more than three years ago, yet new research from Jelf Employee Benefits suggests that the vast majority of employers still have some way to go to fully understand, comply and communicate the landmark legislation change that prevents older employees being forcibly retired on the grounds of age alone.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment