View more on these topics

Sowerby and Aird replace MacLeod at Investec

Investec Asset Management has appointed Andy Sowerby and David Aird as joint managing directors of its UK and European fund management business after the sudden departure of former MD Jamie MacLeod.

Sowerby, who was previously marketing director, and Aird, former UK and European sales director, take up the new roles with immediate effect.

They will share responsibility for the development of the company&#39s UK and European retail funds business reporting to chief executive Hendrik du Toit.

On a day-to-day basis Sowerby will continue to lead the marketing team, focusing on communications, broker support and customer relationship management while Aird will head UK and European sales campaigns.

Sowerby joined Investec in January 2000 from Scottish Widows Fund Management, while Aird joined in August 2000 from Gartmore.

Du Toit says: “We have built a high-calibre and dynamic young team, which has gone from strength to strength. Both Andy and David have been pivotal to that success and bring complementary skills to their new roles. We have exciting plans for the future and I have every confidence in Andy and David&#39s abilities to take the business forward.”

Recommended

DBS chief Davy stepping down

DBS founder and chairman Ken Davy is stepping down after 20 years with the company.Davy pioneered the IFA network concept and for two decades he has been one of the industry&#39s highest-profile figures.He is leaving the comp-any of his own accord at the age of 60. DBS was bought by Misys in June 2001, with […]

IFAs confident of survival after depolarisation

More than 80 per cent of IFAs believe they will survive in a depolarised world but fear high-street banks will be the biggest winners to the detriment of consumers, according to a survey from Axa.The survey, part of the provider&#39s quarterly IFA issues research, found that 83 per cent are confident they would survive the […]

IFAs facing a challenge in income protection sector

Income protection sales sho-wed a “disappointing” 3 per cent rise last year, a further indication that providers are failing to penetrate the market, claims reinsurer GE Frankona.In its survey of the IP market in 2001, GE Frankona says the overall growth in the market was fuelled by sales of budget-style products which offer less coverage […]

Alliance & Leicester says first time buyers driving housing market

Almost three in ten people, 29 per cent, plan to buy a home within the next two years, while older people are putting off plans to move, say Alliance & Leicester. Its quarterly movingimproving index of 4000 people in March and April asked whether people intended to buy a new home and when. It found […]

Tech winners keep on winning

By Ali Unwin, chief technology officer & fund manager, Neptune Artificial intelligence, driverless cars, big data. As technological advancements – and disruption – increasingly dominate headlines, Ali Unwin sets out six key themes he is watching in 2017. Read more Important Information Investment risks Neptune funds may have a high historic volatility rating and past performance […]

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